All Discussions Tagged 'renovate' - Real Estate Finance2024-03-28T21:34:09Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=renovate&feed=yes&xn_auth=no$45k Needed for fix and flip in Oklahoma.tag:realestatefinance.ning.com,2016-07-29:6517464:Topic:2752442016-07-29T16:01:11.865ZChris Robertshttps://realestatefinance.ning.com/profile/ChrisRoberts
$45k Needed for fix and flip in Oklahoma. Property is a U.S.D.A. Repo 3 bed 1 bath under contract and in Escrow. I am converting to 3 bed 2 bath then renovating and updating the rest. Here's the details of the deal:<br />
My acquisition price - $8,350<br />
As-is value - 24,000<br />
After-Repair Value - 85,000 (Broker Price Opinion and comps)<br />
Estimated repairs - 34,000<br />
Closing date - August 18, 2016<br />
Would like to finance purchase + repairs and soft costs $45-47k TOTAL (depending on points, etc.)<br />
654 fico<br />
21…
$45k Needed for fix and flip in Oklahoma. Property is a U.S.D.A. Repo 3 bed 1 bath under contract and in Escrow. I am converting to 3 bed 2 bath then renovating and updating the rest. Here's the details of the deal:<br />
My acquisition price - $8,350<br />
As-is value - 24,000<br />
After-Repair Value - 85,000 (Broker Price Opinion and comps)<br />
Estimated repairs - 34,000<br />
Closing date - August 18, 2016<br />
Would like to finance purchase + repairs and soft costs $45-47k TOTAL (depending on points, etc.)<br />
654 fico<br />
21 years California Realtor and Mortgage broker with plentry of flip experience prior to 2008.<br />
I am offering 14% + 5 points for 6 months or less.<br />
Please thoroughly review the attached Lender proposal and BPO comps before contacting me. Serious lenders only!<br />
<br />
<a href="http://app.rehabvaluator.com/cpOBPg0b1A82-H">http://app.rehabvaluator.com/cpOBPg0b1A82-H</a><br />
<br />
<a href="https://drive.google.com/file/d/0B8nlFEv_T416UGNWa0plYTM2NUcyay02MmRvLTVGRlp4bFo0/view?usp=drivesdk">https://drive.google.com/file/d/0B8nlFEv_T416UGNWa0plYTM2NUcyay02MmRvLTVGRlp4bFo0/view?usp=drivesdk</a><br />
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Contact - christo1273@gmail.com Seeking Residential RE Loans for Long Island NY Projectstag:realestatefinance.ning.com,2013-10-23:6517464:Topic:1269712013-10-23T20:38:23.414ZAnil Babbarhttps://realestatefinance.ning.com/profile/AnilBabbar
<p>LONG ISLAND, NEW YORK</p>
<p>We are seeking loans for our residential RE projects in Long Island NY. Our projects range from 250k-350k house flips to 2mm spec homes. We invest a substantial portion of our own equity capital into each project so our interests are aligned.</p>
<p>We have 2 immediate funding needs for which we are speaking to various parties about.</p>
<p>Please contact me at:</p>
<p>Anil Babbar</p>
<p>anil.babbar@metamorphiccapital.com</p>
<p>917-293-1117</p>
<p></p>
<p> </p>
<p>LONG ISLAND, NEW YORK</p>
<p>We are seeking loans for our residential RE projects in Long Island NY. Our projects range from 250k-350k house flips to 2mm spec homes. We invest a substantial portion of our own equity capital into each project so our interests are aligned.</p>
<p>We have 2 immediate funding needs for which we are speaking to various parties about.</p>
<p>Please contact me at:</p>
<p>Anil Babbar</p>
<p>anil.babbar@metamorphiccapital.com</p>
<p>917-293-1117</p>
<p></p>
<p> </p> As a Real Estate Investor, you need to be able to move quickly when a property becomes available.tag:realestatefinance.ning.com,2013-08-29:6517464:Topic:1071602013-08-29T17:58:42.558ZFred Pricehttps://realestatefinance.ning.com/profile/FredPrice
<p>Cash is always king, but at times when you tie up all your liquidity in the purchase you may not be able to recover your cash until the property is rehabbed and sold.</p>
<p>Our FANNIE MAE Purchase & Renovate allows you to take advantage of Conforming Bank Rates and Terms.</p>
<p>The PreApproval is not "property specific" - so leverage our PreApproval when negotiating your next purchase contract. Give us 45 days on the contract to close and keep the cash in your pocket.</p>
<p>Go to my…</p>
<p>Cash is always king, but at times when you tie up all your liquidity in the purchase you may not be able to recover your cash until the property is rehabbed and sold.</p>
<p>Our FANNIE MAE Purchase & Renovate allows you to take advantage of Conforming Bank Rates and Terms.</p>
<p>The PreApproval is not "property specific" - so leverage our PreApproval when negotiating your next purchase contract. Give us 45 days on the contract to close and keep the cash in your pocket.</p>
<p>Go to my website: <a href="http://www.wfhm.com/fred-price" target="_blank">Investor Purchase & Renovate Website:</a></p>
<p><b><u>INSTRUCTIONS:</u></b></p>
<p>[ Top Right of page - Hit <b>APPLY</b> ]</p>
<p>[Center Left of page - Click <b>MORTGAGE</b>]</p>
<p>[Center of page - <b>START NOW</b>]</p>
<p>[Check circle for - <b>Construction or Rehab</b>]</p>
<p>[Bottom of page - Drop-down - <b>State</b> property located]</p>
<p>[Hit - <b>CONTINUE and complete application</b>]</p>
<p></p>
<p>Call if you have any questions,</p>
<p><b>Fred Price</b></p>
<p>Sr. Home Mortgage Consultant<br/> Renovation Specialist<br/> <b>NMLSR ID 506517</b></p>
<p>Wells Fargo Home Mortgage | 2400 Maitland Center Parkway | Maitland, FL 32751</p>
<p>MAC Z0294-010<br/> Tel (407) 942-1871 | <b>Cell (321) 368-5564</b></p>
<p><b>(866) 658-9322 (Private Fax)</b><br/> <br/> <a href="mailto:Fred.Price@wellsfargo.com">Fred.Price@wellsfargo.com</a></p>
<p></p>