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Thursday, September 16, 2010

Q & A With the Experts: Apartment Building Financing

What do I need for financing for the purchase of an apartment complex in Florida.  ?

It was a pleasure speaking with you earlier today and we look forward to assisting you with the financing on your apartment purchase located Florida.
Below is a list of the items we need from you to determine if we can help:

  1. An overview of the price and terms of your proposed purchase (or a copy of the contract if one is available)
  2. 2009 year ending Profit & Loss statement for the property
  3. 2010 interim P&L statement (as recent as possible)
  4. A current rent roll (as recent as possible)
  5. A few digital photos of the subject property
  6. A copy of your Personal Financial Statement (with a schedule of real estate owned)
Within 24-48 hours of receiving this information from you, we should be able to issue a loan pre-approval letter if everything looks good.

I've attached blank Rent Roll and PFS forms if needed.

Thank you.

Commercial Capital, Ltd.
Your #1 Source for Business & Commercial Loans

Office: 863-298-8900 Fax: 863-877-4456 Cell: 813-833-3132

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