$1.25 million loan - What it takes

[HugoinDowntownLA]

I live about 1/2 miles from Crusaders office..LOL...never used them though...i emailed them for info on a possible deal and they wanted money from me. I didnt even know if they could do it..

anyone ever deal with Lantzy Financial....
www.lantzyfinancial.com

i checked them out once on a deal..they are in boston ..wanted a fee as well but this was after they said yes to the loan and refund it if the loan didnt close. However the no doc type had a great rate and the full doc had higher rates..found that odd,.

6% Interest Only for a commercial loan...with a prepayment penalty of 6 months.  No way.  

[4EEM]

The fed has been hiking like mad over the last year and commercial is more sensitive to fed actions than residential, yet the rates promoted for the Crusader commercial program have remained unchanged....Magic? :

[JOHNNY Q]

At 90% you will need 125,ooo down. Do you have anything you can cross collateralize? You definite have experience, that is good. What is you r fico and DCR ratio? Is it going to be in your LLC?

[JRParler]

The financial advice previously given is well-informed but to "approach" this deal correctly; you need someone who understands real estate investments, especially commercial.  Every deal needs to be properly "structured".  Good luck!