I want to know that www.kennedyfunding.com financial organization can
provide "100% loan-to-value real estate mortgage loan and 100%
equity financing or loan" for acquisition or purchase of real
estate property ?? |
Clarification of Question by
shoaib-ga
on
16 Apr 2005 02:54 PDT
I want to know that www.kennedyfunding.com hard money funding
source can provide "100% loan-to-value real estate mortgage loan
and 100%
specialized equity financing or loan without personal
guarantees to pay for either 'all' of the closing costs or
soft costs for purchase or acquisition of real estate property
in foreign countries for commercial investment ??
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Clarification of Question by
shoaib-ga
on
16 Apr 2005 04:41 PDT
Denco researcher I need above mentioned information besides
'hard money loans' of that www.kennedyfunding.com
organization.
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Request for Question Clarification by
denco-ga
on
16 Apr 2005 09:58 PDT
Howdy Shoaib,
From the Kennedy Funding "Loan Criteria" page.
http://www.kennedyfunding.com/criteria.html
"LOAN TO VALUE:
Loan amounts can be up to 50-75% of the market value of the collateral, based
on the estimated cash sale price given a 90-120 day marketing time.
...
EQUITY:
In lieu of equity participation, a fee of 4% (U.S. only) of the loan amount
may be included in the loan.
...
COLLATERAL:
Real estate and other fixed or liquid assets."
I see no indication that Kennedy Funding will do 100% LTV loans, but it looks
like they might be able to fold closing costs into the loan.
If the above would work as an answer for you, please inform me. Thanks!
Looking Forward, denco-ga - Google Answers Researcher
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Clarification of Question by
shoaib-ga
on
17 Apr 2005 02:25 PDT
Denco researcher please note that I have changed the above
question and therefore please provide to me the answer of
following question. Denco researcher I want to know that the
following direct lender funding source of 'Textron financial
organization' of :
http://www.loandirectory.com/lenders/100214.html
can provide "100% loan-to-value real estate mortgage loan and
specialized equity financing or loan without personal
guarantees to pay for either "all" of the closing costs or
soft costs for purchase or acquisition of real estate property
for commercial investment" in those foreign countries which
are "capital markets" ?? Regards from Shoaib.
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Request for Question Clarification by
denco-ga
on
17 Apr 2005 13:39 PDT
Howdy Shoaib,
From the Textron Financial "Mission and Values" web page.
http://www.textronfinancial.com/tfc/mission.html
"Textron Financial is a diversified commercial finance company with core
operations in aircraft finance, asset-based lending, distribution finance,
golf finance, resort finance, and structured capital."
From that page, and of the rest of the site and the summary web page that
you provided, I do not think that Textron Financial does the type of loan
that you are describing, especially if there is a lack of credit history.
Looking Forward, denco-ga - Google Answers Researcher
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Clarification of Question by
shoaib-ga
on
18 Apr 2005 17:22 PDT
Denco researcher OK then please inform to me that
www.universalfinance.com international mortgage loan company can
provide mortgage loan according to the conditions I have
specified above. Denco researcher please provide answer in answer
form so that you shall be able to get paid for above mentioned help.
Thanks for your help.
|
Clarification of Question by
shoaib-ga
on
18 Apr 2005 17:38 PDT
Denco researcher previously you had provided information about
www.capitalinfo.biz organization so therefore I want to know that
what is the "difference" between that organization and international
business consulting inc. or www.intbuscon.com organization
because both of those organizations work with non-asset based
funbding sources for arranging loans worldwide. Denco
researcher I will pay to you extra US$ 2 for providing answer of
this question in this posted question in the form of tip. Thanks for
that help.
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Clarification of Question by
shoaib-ga
on
18 Apr 2005 18:40 PDT
Denco researcher please note that I have right now come to know
that website of www.universalfinance.com company is no longer
active so therefore please inform to me that following
international mortgage loan company can provide mortgage loan
according to the conditions I have
specified above :
http://www.archongroup.com/about.htm
Denco researcher thanks for your help for that.
|
Clarification of Question by
shoaib-ga
on
18 Apr 2005 18:41 PDT
Denco researcher please provide answer in answer
form so that you shall be able to get paid for above mentioned help.
|
Request for Question Clarification by
denco-ga
on
18 Apr 2005 20:15 PDT
Howdy Shoaib,
If you don't mind, an analysis/comparison of the following two companies
and their offerings as you have requested should really be placed in the
form of a new question please. Thanks!
World Source Finance - http://www.capitalinfo.biz/
International Business Consulting - http://www.intbuscon.com/
Looking Forward, denco-ga - Google Answers Researcher
|
Howdy Shoaib,
From the Kennedy Funding "Loan Criteria" page.
http://www.kennedyfunding.com/criteria.html
"LOAN TO VALUE:
Loan amounts can be up to 50-75% of the market value of the collateral, based
on the estimated cash sale price given a 90-120 day marketing time.
...
EQUITY:
In lieu of equity participation, a fee of 4% (U.S. only) of the loan amount
may be included in the loan.
...
COLLATERAL:
Real estate and other fixed or liquid assets."
I see no indication that Kennedy Funding will do 100% LTV loans, but it looks
like they might be able to fold closing costs into the loan.
From the Textron Financial "Mission and Values" web page.
http://www.textronfinancial.com/tfc/mission.html
"Textron Financial is a diversified commercial finance company with core
operations in aircraft finance, asset-based lending, distribution finance,
golf finance, resort finance, and structured capital."
From that page, and of the rest of the site and the summary web page that
you provided, I do not think that Textron Financial does the type of loan
that you are describing, especially if there is a lack of credit history.
As for the Archon Group, here is what they have on credit investing.
http://www.archongroup.com/creditinvesting.htm
"Archon Capital has available to it committed capital of $1.25 billion
for mezzanine debt or preferred equity investments in well-sponsored
transactions involving single properties, portfolios, and real estate
operating companies. Archon Capital targets transactions with meaningful
sponsor equity to ensure an alignment of interests between the sponsors
and Archon Capital."
From the PDF file on their "Commercial Acquisition Criteria."
"Targeted Opportunities: ... Mixed Use: ... Hotel and Residential
...
Transaction Structure: All cash purchases with no financing contingencies."
I read the above to indicate they could handle the type of structured deal
that you describe, but they are going to have some stiff requirements.
Search strategy:
Read from the web sites in question in detail.
Looking Forward, denco-ga - Google Answers Researcher |
Request for Answer Clarification by
shoaib-ga
on
20 Apr 2005 03:07 PDT
Denco researcher please note that I have posted another question
ID 511705 asking the difference between
World Source Finance - http://www.capitalinfo.biz/
International Business Consulting - http://www.intbuscon.com
companies. So if possible for you then Denco researcher
please provide its answer. Many thanks for that help from
Shoaib.
|
Request for Answer Clarification by
shoaib-ga
on
20 Apr 2005 09:46 PDT
Denco researcher you have stated above that Archon group
international mortgage loan company can provide loan according
to the "conditions" I have specified in my previous
clarifications but you have also stated that Archon group
international mortgage loan company also have some "stiff
requirements" so therefore I want to know that what are those
some stiff requirements ?? Thanks for that help from Shoaib.
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Clarification of Answer by
denco-ga
on
20 Apr 2005 11:56 PDT
Howdy Shoaib,
By "stiff" requirements, it appears that the Archon Group likes to have:
http://www.archongroup.com/Acq-Frameset.asp?DocName=Comm-WhitehallAcquisitionCriteria.pdf
- big money ($5M-$15M minimum) projects
- the project team has to have an exceptional track/credit record
- the project has to be able to show exceptional prospects/profits
As the Archon Group is a "wholly owned investment management subsidiary
of The Goldman Sachs Group, Inc.," their standards are simply (much)
higher than those of the many smaller investment companies that are out
there.
Looking Forward, denco-ga - Google Answers Researcher
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