Need $150,000 Commercial Second Mortgage and will Pay 12% Interest Only in Reading, Pennsylvania For Sale
We need a $150,000 second position commercial mortgage behind a
$350,000 first mortgage on a brand new 10,000 sq. ft. building
situated on over 20 acres just outside Cooperstown, NY.. This
building is worth almost $2 MM.. The money is to finish the
building (all major construction completed and all permits are
in place. We will pay 12% interest only for up to two years
and pay all the lender's closing costs. This is as safe as it
gets. Contact us and we will immediately send a complete
Executive Summary, Business Plan and recent full commercial
appraisal (after vetting and signing a non-disclosure agreement).
Other loans available for investors and lenders both larger and
smaller and in the first or second position.
Guaranteed payments as the lender is the mortgagee of record.