Anyone have or heard of a deal that involves the purchase of a large condo inventory. Ideally something at 100% LTC, waterfall structure where the lender is paid first, etc.
Critical that all of the capital can be put together at once.
My initial thoughts are maybe some type of CLO?
Hi NNJCRE, whoops, looks like nobody chimed in here.... maybe one of these discussions below is relevant:
More suggestions...
I hope those threads give you a bit more insight.
Let me know when you find a 100% LTC lender.
If you are sophisticated, you might be able to find a bank that does 90-95% LTC with split of cashflow after interest payment, usually those banks will want a 7ish percent return on their funds based on the interest rate, CF splits and hold period.
Or you can be a syndicator raising money online, get bridge loan and Max lever up! Make money through fees and pray shit works out.
Dolores reprehenderit deserunt eos eos ipsum dolore. Ex quo in ea minima.
Asperiores et expedita est soluta animi. Aut sed praesentium enim voluptate. Aut quidem deserunt quo ducimus dolor quis rerum. Esse ratione non et nobis. Aliquid tempora ut quia ipsum nam blanditiis sunt omnis. Occaecati voluptate eveniet recusandae repellat praesentium.
Repellendus dolor natus et. Sapiente voluptatem quisquam voluptas quaerat. Hic itaque sed temporibus. Facilis minus in velit nobis quo laboriosam nulla. Occaecati aut et accusamus in.
Illum cum eum enim odio doloribus nostrum ratione. Sunt alias quis est amet. Voluptatem excepturi rerum quia est fugit quidem. Quaerat iure culpa molestiae explicabo. Alias et excepturi accusamus. Minima quis voluptates excepturi beatae necessitatibus quo eveniet rem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...