Bridge Loan On Commercial Land?Subscribe
I'm a mortgage broker and real estate broker. I landed a borrower looking for $8M refinance loan on his commercial land and completed a full due diligence to underwrite the deal. My lender though backed off the last day and I'm lacking the fund now. Which hedge fund or private equity do you know that would lend a bridge loan on commercial land? It's a sweet deal with 12% interest rate.
Thanks in advance