Apply for a Commercial Real Estate Loan
Your loan request is a good fit for us if it meets the following guidelines:
- Rental homes and condo’s
- Rental duplexes, triplexes, and four-plexes
- Apartment buildings
- Office, retail, and industrial buildings
- Politically incorrect properties, such as gentlemen’s clubs, adult bookstores, and cannabis properties
- All other commercial property types, other than churches
- Land
Blackburne & Sons Realty Capital Corporation is a $50 million hard money commercial lending company. We syndicate the investment funds of about 900 accredited, private investors and use these funds to make permanent first mortgage loans on standing commercial properties.The company has been in business since June of 1980.
All of our loans have a 30-year amortization, which is practically interest-only, and a term of FIFTEEN years. A private money loan with a 15-year term term? Wow! Plus there is no prepayment penalty, so why not enjoy the extra term? Never look a gift horse in the mouth. There is nothing worse than having a balloon payment come due during a bad recession, when your property is suddenly worth 45% less. (Just remember the Great Recession.) You might not be able to refinance your balloon payment at any interest rate. You could easily lose your building.
Our extra ten years of term costs you nothing. In truth, we make our money on loan servicing fees charged to our private investors, so we are happy to keep your loan going and going. This way you don’t have to pay fresh points and new third party report fees ($$$) every two to five years. As a result, in terms of annual percentage rate (APR), we offer the cheapest private money loans in country by far. You definitely want us to borrow from us. Please complete the two-minute application below.