- Joined
- Aug 30, 2007
- Messages
- 235
Hi REIN members,
I have a client (I`m a Realtor) that is building a camp-style hotel outside of Edmonton. The hotel has 17+12 units and is on 4 industrial lots in Wildwood, Alberta. He needs to borrow $25,000 to finish the project (ie. wages and materials) and we will be putting it up for sale promptly after completion for 1.25 million. He is willing to pay high interest (10% to 12%), fees, whatever necessary to secure this loan.
If you are in the business of lending or you know someone who is please contact me as he is a quality person with integrity who is in a cash bind or if you have any creative suggestions please let me know.
Thanks in advance for your help,
Lucas
I have a client (I`m a Realtor) that is building a camp-style hotel outside of Edmonton. The hotel has 17+12 units and is on 4 industrial lots in Wildwood, Alberta. He needs to borrow $25,000 to finish the project (ie. wages and materials) and we will be putting it up for sale promptly after completion for 1.25 million. He is willing to pay high interest (10% to 12%), fees, whatever necessary to secure this loan.
If you are in the business of lending or you know someone who is please contact me as he is a quality person with integrity who is in a cash bind or if you have any creative suggestions please let me know.
Thanks in advance for your help,
Lucas