30 Years Experience. Real Estate Broker/Accountant. 65% LTV based on ARV, will finance 100% of rehab costs

When Commercial Banks say no, give us a call. We represent private funds that are ready to make sound equity based investments.In January 2013, arranged $23.5 Million in private money loans.

Ask for Kelly Bowlin

866-817-4969

email: kwbowlin@hotmail.com

http://www.privatemoneyaffiliates.com

Fix & Flip

Raw Land 

Multiple Units

Retail/Commercial/Warehouses

Restaurants

Hospitals

Churches

Golf Courses

Boardwalk and Park Place (catch you napping?)

Views: 195

Reply to This

Replies to This Discussion

Hi Kelly,

I am looking to fund a new custom home build in Lafayette, CO.  I have the buyer in pocket who will purchase the home upon completion via VA loan.  

Land = 103k

B&M = 153k

Labor = 80k

Reserve = 38k

------------------------

$374k Total Loan Amount

ARV = $550k (can provide CMA to support)

Let's Talk....

Tony Garcia

303-332-5289

tony@rei5280.com

Hi Tony,

Thanks for writing. I represent several private funding sources that look for specific deal structures.

In a nutshell they want to see that the borrower has at least 20% of his own skin in the game on total acquisition cost

before considering a loan.

In this case that would would be $74,800. However they will then lend 65% on the estimated final value (completed value.)

In this case that would be as much as a $357,500 1st TD short term loan to complete project.

For the most part, they want to see that any borrower/principle has cash invested in a project.

I'll be in my office in CO tomorrow morning. My toll free number is 866-817-4969

.I sent you an reply by email last week, however, I see it came back as undelivered. Sorry for the delay.

Thanks,

Kelly

Hello Kelly - I have US and International contacts seeking funding for Commercial Projects.

I would like to discuss your requirements/reach to see if I might refer clients to you for possible consideration.

Please let me know if you would be open to connecting! Thank you

Linda

Linda,

Sounds great, however, none of my investors fund international deals. 

If you would still like to discuss possibilities for US, give me a call or email me.

Kelly

kwbowlin@hotmail.com

866-817-4969

RSS

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service