All posts by GRWADE26

SBA to Conventional Financing

PARAMETERS

up to 80% LTV and 85% LTC

DSCR 1.2x -1.3x but can go as low as 1.05x -1.0x

DSCR Projection based on new development or business

Term 5 yr – 10yr or longer in some cases 

Up to 25 yr am

Rate – floating of fixed

Rates WSJ Prime +/-

(6.5% –  7.5%) +/- range right now

PARAMETERS

up to 80% LTV and 85% LTC

DSCR 1.2x -1.3x but can go as low as 1.05x -1.0x

DSCR Projection based on new development or business

Term 5 yr – 10yr or longer in some cases 

Up to 25 yr am

Rate – floating of fixed

Rates WSJ Prime +/-

(6.5% –  7.5%) +/- range right now

PARAMETERS

up to 80% LTV and 85% LTC

DSCR 1.2x -1.3x but can go as low as 1.05x -1.0x

DSCR Projection based on new development or business

Term 5 yr – 10yr or longer in some cases 

Up to 25 yr am

Rate – floating of fixed

Rates WSJ Prime +/-

(6.5% –  7.5%) +/- range right now

We allow up to 90% CLTV on all our investment properties.

• 1-4 units
• Mixed use
• Multi-family
• Warehouse
• Industrial
• Automotive
• Retail

We offer loans from 75k to 5 million.

Real Estate and Business Financing

Loan type

Construction

Bridge

Secured & Unsecured (LOC & Term)

Business Loans

Mini-perm loans

Perm Loans

504 SBA

PARAMETERS

up to 80% LTV and 85% LTC

DSCR 1.2x -1.3x but can go as low as 1.05x -1.0x

DSCR Projection based on new development or business

Term 5 yr – 10yr or longer in some cases 

Up to 25 yr am

Rate – floating of fixed

Rates WSJ Prime +/-

(6.5% –  7.5%) +/- range right now

CRE Construction financing

PARAMETERS

up to 80% LTV and 85% LTC

DSCR 1.2x -1.3x but can go as low as 1.05x -1.0x

DSCR Projection based on new development or business

Term 5 yr – 10yr or longer in some cases 

Up to 25 yr am

Rate – floating of fixed

Rates WSJ Prime +/-

(6.5% –  7.5%) +/- range right now

Owner Occupied CRE Financing

PARAMETERS

up to 80% LTV and 85% LTC

DSCR 1.2x -1.3x but can go as low as 1.05x -1.0x

DSCR Projection based on new development or business

Term 5 yr – 10yr or longer in some cases 

Up to 25 yr am

Rate – floating of fixed

Rates WSJ Prime +/-

(6.5% –  7.5%) +/- range right now

Owner Occupied CRE Financing

PARAMETERS

up to 80% LTV and 85% LTC

DSCR 1.2x -1.3x but can go as low as 1.05x -1.0x

DSCR Projection based on new development or business

Term 5 yr – 10yr or longer in some cases 

Up to 25 yr am

Rate – floating of fixed

Rates WSJ Prime +/-

(6.5% –  7.5%) +/- range right now

POF via Bank

• Proof of Funds will be for 30 days, unless otherwise negotiated for longer terms.
• This will be structured as a Joint Venture with the owner of the funds. The joint account will be in both parties’ names at Santander Bank
• Because it’s a JV structure, Account can be easily verified by Phone, Email or Live Zoom Call with the Bank Officer.
• A Bank Comfort Letter (BCL) or Bank Statement will be provided as well as proof of your capability to engage your transaction.
• The account can be Blocked or held by Administrative Hold.

POF via Attorney Escrow

• Proof of Funds can be set up for 30 days and longer.
• This can be verified via attorney.
• A letter from the attorney attesting to funds or bank statement can be provided.
• Funds will be held via an attorney IOLTA account
• Max amount is $300 Million.

POF via Crypto wallet

• We can provide a wallet address and can go from $1m to $350m
• We can show control from wallet A to B
• We can provide a handshake or receive one to show control of wallet
• We will not offer account access, or account information.

Procedure:

• Client is provided with a quote regarding Service Fee for account set up.
• Client submits POF Application and proof of capability to pay service fee.
• Client is provided with Service Contract for their review and execution.
• Within 1 Business Day of contract execution, client will wire service fee to designated Escrow attorney or Paymaster.
• Within 48 hours of Escrow Deposit, Provider will deliver POF documents/wallet and/or Bank Officer contact information to Client.
• Client communicates with Bank and verifies account.
• Upon successful verification, Client instructs Escrow Attorney to release service fees to Provider. PAYMENT ONLY OCCURS AFTER ACCOUNT IS ESTABLISHED AND VERIFIED BY CLIENT (NO UP-FRONT FEES).
• Service Fee: 1-10% depending on amount requested.

Regards,

Gregory Wade

GDW Investment Group

Direct 347-206-3013

Email: grwade26@gmail.com

Email: gwade@gdwinvestmentgroupllc.com

12-MONTH BANK STATEMENT

Qualify with 100% on personal account deposits and

50% on business account deposits

• Loan amounts up to $4M
• Max 90% LTV
• Min 600 FICO
• Self-Employed and 1099 Borrowers

INVESTOR CASH FLOW / DSCR

Available on SFRs, 2-4 Units, Condos, Townhomes,

Condotels, and Non-Warrantable Condos

• Loan amounts up to $3M
• Min 600 FICO
• Non-Owner Occupied only
• No income or job verification