Florida Hard Money Deal - Active

650

None

No

Trinity

Florida

$25,000,000

$300,000

$40,000,000

The Project name is 3 sheet “State of the Art” Ice rink facility. We have diligently researched, established a feasibility study, and Estimated 4+ million profit per year. Need one of the following 25 million for loan for building construction, land purchase, all start up needs, etc. I am open to different options, such as the full amount funded @10% (just a number lower is better) on a 30 year with my intention to pay in full within 5 years via a refinance to a lower interest rate. Another option would be getting 12 million and I take that to a lender I know will do the deal with 50% down. Third option is an equity play for 5 years. I could offer up to 49% equity and pay the 49% monthly (after we open) and then pay the balance back with a refinance within a 5-year period. Let me know if any of this works or if you have another possible option. Thanks. P.S. I have 20k of my own money into this already with the website built, Architecture doing 3D design of building exterior and interior, and other. All the necessary contractors are in place and ready to get started. The county it will be in is aware, excited, and anticipating breaking ground as they are fast tracking permitting.