All Discussions Tagged 'family' - Real Estate Finance2024-03-29T11:38:47Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=family&%3Bpage=2&feed=yes&xn_auth=noFinancing Needed for a purchase of an old Medical Building for $750,000 then convert into MF-26 unitstag:realestatefinance.ning.com,2022-10-04:6517464:Topic:4767892022-10-04T15:58:10.793ZZane Graserhttps://realestatefinance.ning.com/profile/ZaneGraser
<p>Hi,</p>
<p>I am a mortgage broker and I have a borrower wanting to get a Commercial loan to buy an old medical building in FL for $750,000. It's currently under contract and due to time constraints, he just wants to buy the property then he plans on getting a construction loan to tear down the old building and build new MF buildings for 26 units. Borrower has some experience in construction and rental properties. Can anyone assist with this for the acquisition of the property?</p>
<p>You…</p>
<p>Hi,</p>
<p>I am a mortgage broker and I have a borrower wanting to get a Commercial loan to buy an old medical building in FL for $750,000. It's currently under contract and due to time constraints, he just wants to buy the property then he plans on getting a construction loan to tear down the old building and build new MF buildings for 26 units. Borrower has some experience in construction and rental properties. Can anyone assist with this for the acquisition of the property?</p>
<p>You can reach me at z.graser@obsidianmortgage.com</p>
<p>(208) 231-1944</p> looking for an ARV loan in Penselvaniatag:realestatefinance.ning.com,2018-08-02:6517464:Topic:3269502018-08-02T03:59:38.083ZAnton Glotserhttps://realestatefinance.ning.com/profile/AntonGlotser
<p>I recently acquired a house at a foreclosure. the house is located in Norristown PA 19401. The house needs around $40,000 in repairs and there are about $20,000 worth of unpaid taxes on it.A newly rehabbed home in this neighborhood can easily sell for over $120,000 , however I'm in the process to get approved to put up a newly constructed modular 3-4 family home on the lot. the modular company I will be using hasn't quoted me a price yet, but they build 1000 sqf for about $30,000 all…</p>
<p>I recently acquired a house at a foreclosure. the house is located in Norristown PA 19401. The house needs around $40,000 in repairs and there are about $20,000 worth of unpaid taxes on it.A newly rehabbed home in this neighborhood can easily sell for over $120,000 , however I'm in the process to get approved to put up a newly constructed modular 3-4 family home on the lot. the modular company I will be using hasn't quoted me a price yet, but they build 1000 sqf for about $30,000 all included, so im guessing my price wont be much higher especially since im stacking the apartments. This would be a more costly scenario then a rehab, I'm guessing still under $100,000 all in, but a 3 to 4 apartments new construction home would easily sell for over $200,000 , or it can be subdivided and each apartment sold for $75,000 + , or each apartment can be rented for $1,200 - $1,500 per month yielding about a 40% rate of return.</p>
<p>I'm looking for an ARV loan of $60,000 - $70,000 to cover all my expenses. lender can hold the deed until the home is sold or rented. If I get approved for a new construction, I am able to get bridge financing or put up my own cash to cover the difference.</p>
<p>I have over 12 years experience in real estate and have done over 50 rehabs in several states. I have good credit and the house is owned under an llc.</p>
<p>please contact me via email:</p>
<p>kai15j@yahoo.com</p>
<p></p> Savvy investors are going for longer term fixed ratestag:realestatefinance.ning.com,2017-08-17:6517464:Topic:3057802017-08-17T11:39:07.386ZWalt Trockhttps://realestatefinance.ning.com/profile/WaltTrock
<p><span>For example McMann Commercial Lending is offer 4.25% Fixed for 10 years with a 30 year amortization on the purchase or refinance of Multi Family properties with loan amounts starting at $700,000. Property has to qualify for the "Go Green" program. It's not as difficult to qualify as you may think start here </span><a href="http://www.b2blandingpage.com/mcmann2" rel="nofollow" target="_blank">http://www.b2blandingpage.com/mcmann2</a><span> and we will guide you every step of the…</span></p>
<p><span>For example McMann Commercial Lending is offer 4.25% Fixed for 10 years with a 30 year amortization on the purchase or refinance of Multi Family properties with loan amounts starting at $700,000. Property has to qualify for the "Go Green" program. It's not as difficult to qualify as you may think start here </span><a rel="nofollow" href="http://www.b2blandingpage.com/mcmann2" target="_blank">http://www.b2blandingpage.com/mcmann2</a><span> and we will guide you every step of the way.</span></p> Seeking Refinancing of Single Family Rental Portfolio- Tampa Area $750,000tag:realestatefinance.ning.com,2017-01-14:6517464:Topic:2913272017-01-14T16:50:08.014ZCraig Shttps://realestatefinance.ning.com/profile/CraigS
<p>Real Estate Investor needs first mortgage refinancing on one or more of 16 single family homes in Zephyrhills, Dade City, Land O Lakes and surrounding towns (Tampa Florida Suburbs). Each of these properties is rented for one year leases for between $505-$1,240 per month. Your $30,000 - $70,000 loan for each home or package loan of about $750,000 would be conservatively secured by a first mortgage on one of these properties valued at $70,000 - $150,000 each. Conservative loan to value of 65%…</p>
<p>Real Estate Investor needs first mortgage refinancing on one or more of 16 single family homes in Zephyrhills, Dade City, Land O Lakes and surrounding towns (Tampa Florida Suburbs). Each of these properties is rented for one year leases for between $505-$1,240 per month. Your $30,000 - $70,000 loan for each home or package loan of about $750,000 would be conservatively secured by a first mortgage on one of these properties valued at $70,000 - $150,000 each. Conservative loan to value of 65% based on conservative current values. Package loan would be considered as well.</p>
<p>I am Ivy League College (Cornell) educated and Duke MBA graduate. My credit score is now approximately 760 and I have never made a late payment in my entire life.</p>
<p>I bought these homes as foreclosed properties from banks and remodeled them. These properties were remodeled nicely and then rented to working people. Looking to refinance the properties so that I can purchase more foreclosed properties. </p>
<p>Please contact me for further information. PLEASE CALL ME OR EMAIL ME AS I DO NOT CHECK THIS FORUM ON A REGULAR BASIS. Thank you for your consideration.</p>
<p>Craig</p>
<p>201-923-1620</p>
<p>craig@craigshandyman.com</p> Buyers list for sale by statetag:realestatefinance.ning.com,2017-01-10:6517464:Topic:2909162017-01-10T16:07:30.824ZJuanitahttps://realestatefinance.ning.com/profile/Juanita
<p></p>
<p>AL $163.53 /237 Buyers <br></br>AK $19.32 /28 Buyers <br></br>AZ $514.74 /746 Buyers <br></br>AR $57.96 /84 Buyers <br></br>CA $921.84 /1,336 Buyers <br></br>CO $165.60 /240 Buyers <br></br>CT $73.83 /107 Buyers <br></br>DE $24.84 /36 Buyers <br></br>DC $19.32 /28 Buyers <br></br>FL $2,107.26 /3,054 Buyers <br></br>GA $288.42 /418 Buyers <br></br>HI $148.35 /215 Buyers <br></br>ID $35.88 /52 Buyers <br></br>IL $158.01 /229 Buyers <br></br>IN $84.87 /123 Buyers <br></br>IA $57.96 /84 Buyers <br></br>KS $25.53 /37 Buyers <br></br>KY $118.68 /172 Buyers…</p>
<p></p>
<p>AL $163.53 /237 Buyers <br/>AK $19.32 /28 Buyers <br/>AZ $514.74 /746 Buyers <br/>AR $57.96 /84 Buyers <br/>CA $921.84 /1,336 Buyers <br/>CO $165.60 /240 Buyers <br/>CT $73.83 /107 Buyers <br/>DE $24.84 /36 Buyers <br/>DC $19.32 /28 Buyers <br/>FL $2,107.26 /3,054 Buyers <br/>GA $288.42 /418 Buyers <br/>HI $148.35 /215 Buyers <br/>ID $35.88 /52 Buyers <br/>IL $158.01 /229 Buyers <br/>IN $84.87 /123 Buyers <br/>IA $57.96 /84 Buyers <br/>KS $25.53 /37 Buyers <br/>KY $118.68 /172 Buyers <br/>LA $61.41 /89 Buyers <br/>ME $18.83 /27 Buyers <br/>MD $149.09 /216 Buyers <br/>MA $160.77 /233 Buyers <br/>MI $209.76 /304 Buyers <br/>MN $75.90 /110 Buyers <br/>MS $28.98 /42 Buyers <br/>MO $111.78 /162 Buyers <br/>MT $16.56 /24 Buyers<br/>NE $13.11 /19 Buyers <br/>NV $180.09 /261 Buyers <br/>NH $154.56 /224 Buyers <br/>NJ $279.45 /405 Buyers<br/>NM $24.15 /35 Buyers <br/>NY $399.51 / 579 Buyers <br/>NC $550.62 /798 Buyers <br/>ND $6.21 /9 Buyers <br/>OH $190.44 /276 Buyers <br/>OK $100.05 /145 Buyers <br/>OR $57.27 /83 Buyers <br/>PA $102.81 /149 Buyers <br/>RI $17.94 /26 buyers <br/>SC $69.00 /100 Buyers <br/>SD $3.45 /5 Buyers <br/>TN $797.64 /1,156 Buyers <br/>TX $211.14 /306 Buyers <br/>UT $23.46 /34 Buyers <br/>VT $2.07 /3 Buyers <br/>VA $96.60 /140 buyers <br/>WA $100.74 /146 Buyers <br/>WV $89.70 /130 Buyers <br/>WI $93.15 /135 Buyers <br/>WY $3.45 /5 Buyers</p>
<p><br/>PLEASE NOTE: We can customize a list for you if you need it. Drop us an email and we would be happy to help you.</p>
<p>sabbathenterprise@gmail.com</p> NATION WIDE MULTIFAMILY FINANCING - COMMERCIAL LOANS - CONSTRUCTION LOANStag:realestatefinance.ning.com,2016-11-01:6517464:Topic:2854762016-11-01T20:15:16.329ZJohn Broussardhttps://realestatefinance.ning.com/profile/JohnBroussard
<div class="text_exposed_root text_exposed" id="id_5818f436bd3035134921716"><p>NATION WIDE MULTIFAMILY FINANCING - COMMERCIAL LOANS - CONSTRUCTION LOANS</p>
<p>Major MSA's up to 80%</p>
<p>Stated & Full Documents Loans</p>
<span class="text_exposed_hide">...</span><br />
<div class="text_exposed_show"><p>Foreign Nationals OK<br></br> 2nd & 3 Tier Marketes 70 to 75% - Competitive Rates</p>
<p>OTHER PROGRAMS</p>
<p>#1. Ground up construction. Max LTC 80% (All commercial property types including…</p>
</div>
</div>
<div class="text_exposed_root text_exposed" id="id_5818f436bd3035134921716"><p>NATION WIDE MULTIFAMILY FINANCING - COMMERCIAL LOANS - CONSTRUCTION LOANS</p>
<p>Major MSA's up to 80%</p>
<p>Stated & Full Documents Loans</p>
<span class="text_exposed_hide">...</span><br />
<div class="text_exposed_show"><p>Foreign Nationals OK<br/> 2nd & 3 Tier Marketes 70 to 75% - Competitive Rates</p>
<p>OTHER PROGRAMS</p>
<p>#1. Ground up construction. Max LTC 80% (All commercial property types including Hospitality, ALF & Memory Care) Minimum loan $10M</p>
<p>#2. High leverage bridge loans on existing commercial properties. Max LTV 90%. Minimum loan $10M.</p>
<p>#3. Fix & Flip Nationwide up to 80% ARV</p>
<p>#4. Jumbo Investment Property Financing</p>
<p>#5. 2nd Mortages on Income Producing Properties, Min Loan $ 2M</p>
<p>#6 Small Balance Commercial Loans</p>
<p>#7 Commercial Loans $1,000,000 to $100,000,000</p>
<p>#8 Land Loans $200,000 to $30,000,000</p>
<p>#9 Bulk Portfolio / Blanket Loans</p>
<p>#10 Single Family Homes Credit Lines Starting at 1MM up to 40MM</p>
<p>Construction Loans</p>
<p>Multi Family - Retail - Mixed Use - Industrial - Office - Spec SFR</p>
<p>Term: Up to 36 Months</p>
<p>Up to 75% LTV</p>
<p>No Pre Pay</p>
<p>Foreign Nationals OK</p>
<p>No Tax Returns</p>
<p>Loan Amounts: 1MM to 30MM</p>
<p>States Available:<br/> TX - CA - WA - NV - CO - UT - NM - AZ</p>
<p>John Broussard</p>
<p>Newbridge Investments, LLC</p>
<p>713-777-9996 Ext 103 Ask for John Broussard</p>
<p>john@newbridgehomeloans.com</p>
</div>
</div> Multi Family Closingtag:realestatefinance.ning.com,2016-10-31:6517464:Topic:2853492016-10-31T15:38:45.846ZH. Jack Millerhttps://realestatefinance.ning.com/profile/JackMiller
<p>Gelt Financial arranged financing for clients that own a 34 unit multi-family apartment near Pittsburgh, PA. The loan enabled the client to pay off a higher interest loan and receive cash for other business purposes while lowering their monthly payment. With interest rates at an all-time low, Gelt is saving investors large amounts of money be refinancing multifamily as well as other real estate investments. We focus on delivering the very best rates and terms to our borrowers in a stress…</p>
<p>Gelt Financial arranged financing for clients that own a 34 unit multi-family apartment near Pittsburgh, PA. The loan enabled the client to pay off a higher interest loan and receive cash for other business purposes while lowering their monthly payment. With interest rates at an all-time low, Gelt is saving investors large amounts of money be refinancing multifamily as well as other real estate investments. We focus on delivering the very best rates and terms to our borrowers in a stress freeway.</p>
<p>We are finding that real estate investor and business owners are coming to Gelt Financial because we offer bank terms without the aggravation and stress of dealing with a bank. Our programs offer up to 30 year amortizations or invest only loan, non-recourse mortgages. Loan to values up to 80%. 30 year fixed or adjustable rates. All with streamlined documentation and processing. On all loans our underwriting process is flexible takes into considerations peoples and the properties pasts.</p>
<p>We are committed to get our borrowers the best deal on the market.<br/>Gelt Financial, LLC was founded in 1989 since then it has provided financing to over 10,000 real estate investors and owners of business providing them the capital they need to build their American life.</p>
<p>We would love to help you meet your borrowing needs</p>
<p></p>
<p><a href="http://geltfinancial.com/loans/multi-family-closing/" target="_blank">Multi family closing</a></p> NATION WIDE MULTIFAMILY FINANCINGtag:realestatefinance.ning.com,2016-10-20:6517464:Topic:2844812016-10-20T14:35:21.503ZJohn Broussardhttps://realestatefinance.ning.com/profile/JohnBroussard
<div class="text_exposed_root text_exposed" id="id_5808d38e2b1500a95077127"><p>NATION WIDE MULTIFAMILY FINANCING</p>
<p>Major MSA's up to 80%<br></br> 2nd & 3 Tier Marketes 70 to 75%</p>
<span class="text_exposed_hide">...</span><br />
<div class="text_exposed_show"><p>OTHER PROGRAMS</p>
<p>#1. Ground up construction. Max LTC 80% (All commercial property types including Hospitality, ALF & Memory Care) Minimum loan $10M</p>
<p>#2. High leverage bridge loans on existing commercial properties. Max…</p>
</div>
</div>
<div class="text_exposed_root text_exposed" id="id_5808d38e2b1500a95077127"><p>NATION WIDE MULTIFAMILY FINANCING</p>
<p>Major MSA's up to 80%<br/> 2nd & 3 Tier Marketes 70 to 75%</p>
<span class="text_exposed_hide">...</span><br />
<div class="text_exposed_show"><p>OTHER PROGRAMS</p>
<p>#1. Ground up construction. Max LTC 80% (All commercial property types including Hospitality, ALF & Memory Care) Minimum loan $10M</p>
<p>#2. High leverage bridge loans on existing commercial properties. Max LTV 90%. Minimum loan $10M.</p>
<p>#3. Fix & Flip Nationwide up to 80% ARV</p>
<p>#4. Jumbo Investment Property Financing</p>
<p>#5. 2nd Mortages on Income Producing Properties, Min Loan $ 2M</p>
<p>#6 Small Balance Commercial Loans</p>
<p>#7 Commercial Loans $1,000,000 to $100,000,000</p>
<p>Construction Loans</p>
<p>Multi Family - Retail - Mixed Use - Industrial - Office - Spec SFR</p>
<p>Term: Up to 36 Months</p>
<p>Up to 75% LTV</p>
<p>No Pre Pay</p>
<p>Foreign Nationals OK</p>
<p>No Tax Returns</p>
<p>Loan Amounts: 1MM to 30MM</p>
<p>States Available:<br/> TX - CA - WA - NV - CO - UT - NM - AZ</p>
<p>John Broussard</p>
<p>Newbridge Investments, LLC</p>
<p>713-777-9996 Ext 103 Ask for John Broussard</p>
<p>john@newbridgehomeloans.com</p>
</div>
</div> 30 Yr Fixed Landlord & Bulk Portfolio Financingtag:realestatefinance.ning.com,2016-01-06:6517464:Topic:2526712016-01-06T23:25:11.125ZJohn Broussardhttps://realestatefinance.ning.com/profile/JohnBroussard
<h1 class="tb"> </h1>
<div class="xg_module_body"><div class="postbody"><div class="xg_user_generated"><p>Land Lord loans available, programs available 5 yr, 10 yr and 30 yr program</p>
<p>• 30 Year Fixed Rate – 30 year amortization • No Pre-Payment penalties EVER • Ability to sell any property at any time • 75% of as is value • Unlimited Cash Out • $300,000 - $5,000,000 Loan Size • 6.5 – 7.0% fixed rates • All Credit considered</p>
<p>5/30 – 10/30 Blanket Loan Highlights: • Loan Sizes $300K to…</p>
</div>
</div>
</div>
<h1 class="tb"> </h1>
<div class="xg_module_body"><div class="postbody"><div class="xg_user_generated"><p>Land Lord loans available, programs available 5 yr, 10 yr and 30 yr program</p>
<p>• 30 Year Fixed Rate – 30 year amortization • No Pre-Payment penalties EVER • Ability to sell any property at any time • 75% of as is value • Unlimited Cash Out • $300,000 - $5,000,000 Loan Size • 6.5 – 7.0% fixed rates • All Credit considered</p>
<p>5/30 – 10/30 Blanket Loan Highlights: • Loan Sizes $300K to $30 Million+ • Non US citizenship Ok • 75% LTV - LTC max • Unlimited cash out • 5 – 10 year fixed rates • 30 year amortization • 5.25 - 6.50% fixed rates • 640 min FICO</p>
<p>Property Types Available: • Multi-Family (5+ Units) • Single Family Housing – ( 5 Property Minimum ) • Group of SFR’s, Condos, Townhomes, Apartments • Mixed-Use</p>
<p>John Broussard</p>
<p>Newbridge Investments</p>
<p>713-777-9996 Ext 103 or 832-429-4389 </p>
<p>john@newbridgehomeloans.com</p>
</div>
</div>
<div class="left-panel"> </div>
</div> SFH Rental Purchase and/or Cash-Out Refinance: Rates Start at 6.5%, 3/1 ARM, 30 Year AMtag:realestatefinance.ning.com,2015-10-21:6517464:Topic:2474232015-10-21T17:41:52.524ZSimmy Ahluwaliahttps://realestatefinance.ning.com/profile/SimmyAhluwalia
<p><span class="font-size-3">We can offer SEVERAL programs on Rentals:</span></p>
<p><span class="font-size-3">3/1 ARM</span></p>
<p><span class="font-size-3">15 Year Fixed</span></p>
<p><span class="font-size-3">30 Year AM, 3/1 ARM - Non Recourse</span></p>
<p><span class="font-size-3">30 Year Fixed</span></p>
<p><span class="font-size-3">30 Year Rehab to Perm</span></p>
<p><span class="font-size-3">6 Month Resale</span></p>
<p></p>
<p><span class="font-size-3">Major MSA Markets: AL, AZ, FL,…</span></p>
<p><span class="font-size-3">We can offer SEVERAL programs on Rentals:</span></p>
<p><span class="font-size-3">3/1 ARM</span></p>
<p><span class="font-size-3">15 Year Fixed</span></p>
<p><span class="font-size-3">30 Year AM, 3/1 ARM - Non Recourse</span></p>
<p><span class="font-size-3">30 Year Fixed</span></p>
<p><span class="font-size-3">30 Year Rehab to Perm</span></p>
<p><span class="font-size-3">6 Month Resale</span></p>
<p></p>
<p><span class="font-size-3">Major MSA Markets: AL, AZ, FL, GA, IN, KS, MS, MO, NC, OK, TX, IL, ID, OH, OK, NV, TN, TX, PA, VA</span></p>
<p></p>
<p><strong><span class="font-size-4">Info@SimsCapital.biz</span></strong></p>