– $350,000 Second – Mixed-Use Property – Queens, NY

Posted on Oct,13 2020
by Rich Salinaro in Blog

 

H&O Capital Funding Closes $350,000 Second Mortgage

Second mortgages can make some lenders nervous. That was not the case for H&O Capital Funding, who had the experience and know-how to close on this mixed-use property in the Rego Park section of Queens. The borrowers came to H&O Capital Funding looking for a small 2nd mortgage so they could use the cash to close on another deal in Florida. The borrowers had a TOE closing for the end of October and they needed a lender who knew the market and could close quickly. H&O Capital Funding exceeded their wildest expectations when they were able to get the deal closed in under two weeks.

H&O Capital Funding  has helped countless real estate buyers, sellers, lessees and lessors achieve their goals. Our legacy is unwavering commitment to the communities we serve. Houlihan & O’Malley Commercial Real Estate Services specializes in four distinct, yet overlapping, areas of business: Commercial Brokerage services, Private Mortgage services, Appraisal Services and Advisory services.

For more information on loans that we offer, visit our website.

 

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