– $550,000 First Mortgage – 2-Family Investment – Queens, NY

Posted on Aug,17 2020
by Rich Salinaro in Blog

 

H&O Capital Funding Closes on $550,000 Loan

The borrower in this deal was doing a favor for a business partner of his who ran into some financial trouble. The borrower agreed to purchase the home and lease one of the units back to his partner to allow the partner quick access to some cash. While a simple deal on the surface, there were a number of legal hoops that needed to be jumped through to make the deal happen. H&O Capital persevered and were able to get the deal closed. Despite the legal hurdles H&O Capital closed the loan in under four 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.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2020. Houlihan and O'Malley Commercial Services. All Rights Reserved

Privacy Policy | Terms of Use