Buying a small apartment community... what percent downpayment is needed? - Real Estate Finance2024-03-28T13:59:38Zhttps://realestatefinance.ning.com/forum/topics/buying-a-small-apartment-community-what-percent-downpaymemt-is-ne?commentId=6517464%3AComment%3A330215&x=1&feed=yes&xn_auth=noWill you allow the seller to…tag:realestatefinance.ning.com,2021-02-01:6517464:Comment:4360312021-02-01T22:49:28.625ZOllie K Scotthttps://realestatefinance.ning.com/profile/OllieKScott227
<p>Will you allow the seller to take the second position in the capital stack?</p>
<p>Will you allow the seller to take the second position in the capital stack?</p> !!!REAL ESTATE LOAN`S 80% LT…tag:realestatefinance.ning.com,2020-11-12:6517464:Comment:3946022020-11-12T00:21:52.002ZAllen McClainhttps://realestatefinance.ning.com/profile/AllenMcClain
<p></p>
<p>!!!REAL ESTATE LOAN`S 80% LTV TO 90% LTV!!!</p>
<p><br></br>To investors</p>
<p></p>
<p><br></br>I have FHA/HUD Government funding, that gives better rates & Terms on Multifamily properties plus any Apartment properties throughout America, than Banks and Private lenders. FHA/HUD funding can do this, Purchase, Development, Refinance and Construction Loans with A to D credit. So if your Fico Score is under 550, you will get a 75% LTV on a FHA/HUD investment loan. Therefore, if you have…</p>
<p></p>
<p>!!!REAL ESTATE LOAN`S 80% LTV TO 90% LTV!!!</p>
<p><br/>To investors</p>
<p></p>
<p><br/>I have FHA/HUD Government funding, that gives better rates & Terms on Multifamily properties plus any Apartment properties throughout America, than Banks and Private lenders. FHA/HUD funding can do this, Purchase, Development, Refinance and Construction Loans with A to D credit. So if your Fico Score is under 550, you will get a 75% LTV on a FHA/HUD investment loan. Therefore, if you have money to put down for the LTV, you will get FHA/HUD funding for your investment property. However, on a Multifamily FHA/HUD investment loan,it will be insured, no lender in America can give you that.The nice thing about FHA/HUD funding,they would make sure,you could afford to make payments every month, on the investment loan. Moreover, interest rates Fixed for term of loan, determined by market conditions at time of rate lock,rate lock deposit is 0.5% and refunded at closing. FHA/HUD funding offer this for a Borrower, Single asset, special purpose entity, either for profit or non-profit. FHA/HUD investment funding, has Non-Recourse for Multifamily and any Apartment properties. FHA/HUD can do funding from 180,000 to 100,000,000 anywhere in America, only with the direct investor. Furthermore, if interested just click on the link below, for a investment Real Estate loan quote OK Thank You</p>
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<p><a href="https://loans.janover.co/r/allen-mcclain" target="_blank" class="text-blue" rel="noopener"><b>https://loans.janover.co/r/allen-mcclain</b></a></p>
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<p>Yours Truly</p>
<p>Allen McClain</p>
<p>investment Consultant</p> We are direct lenders providi…tag:realestatefinance.ning.com,2020-10-20:6517464:Comment:3831752020-10-20T17:30:56.512ZWilson Curtishttps://realestatefinance.ning.com/profile/WilsonCurtis
<p><span>We are direct lenders providing financing to businesses for working capital,expansion,inventory,eq</span><span>uipment purchase or emergencies at an interest rate of 4% In many cases,we can provide you with the funding you need in as little as 24 hours. We are a direct lender: not a bank merchant cash advance company or a financial factory company.<br/></span><font face="arial, sans-serif">An acknowledgment to this email<br/></font>wilson.curtis248@gmail.com<br/>(480) 645-9237</p>
<p><span>We are direct lenders providing financing to businesses for working capital,expansion,inventory,eq</span><span>uipment purchase or emergencies at an interest rate of 4% In many cases,we can provide you with the funding you need in as little as 24 hours. We are a direct lender: not a bank merchant cash advance company or a financial factory company.<br/></span><font face="arial, sans-serif">An acknowledgment to this email<br/></font>wilson.curtis248@gmail.com<br/>(480) 645-9237</p> REAL ESTATE LOAN`S 80% LTV TO…tag:realestatefinance.ning.com,2020-10-19:6517464:Comment:3827792020-10-19T22:16:40.655ZAllen McClainhttps://realestatefinance.ning.com/profile/AllenMcClain
<div>REAL ESTATE LOAN`S 80% LTV TO 90% LTV </div>
<div>To investor</div>
<div>I represent a nice solid lender that can get you great rates on Multifamily properties plus any Apartment properties throughout America.So if you are looking to Purchase, Develop or Refinance, they could do A to D credit. They would fund Apartment properties from 180,000 to 100,000,000 only to the direct investor.However,if your fico score is under 550 you would pay 75% LTV. So here is the nice rates they are…</div>
<div>REAL ESTATE LOAN`S 80% LTV TO 90% LTV </div>
<div>To investor</div>
<div>I represent a nice solid lender that can get you great rates on Multifamily properties plus any Apartment properties throughout America.So if you are looking to Purchase, Develop or Refinance, they could do A to D credit. They would fund Apartment properties from 180,000 to 100,000,000 only to the direct investor.However,if your fico score is under 550 you would pay 75% LTV. So here is the nice rates they are offering, if interested just click on the link below or copy and past OK Thank You</div>
<div><a href="https://loans.janover.co/r/allen-mcclain" target="_blank" rel="noopener">https://loans.janover.co/r/allen-mcclain</a></div>
<p></p>
25%tag:realestatefinance.ning.com,2020-09-15:6517464:Comment:3706352020-09-15T06:04:06.407ZCONSULTING FIVE STAR GLOBALhttps://realestatefinance.ning.com/profile/CONSULTINGFIVESTAR
<p></p>
<p>25%</p>
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<p>25%</p> Try this one. Email or tex…tag:realestatefinance.ning.com,2020-07-20:6517464:Comment:3679012020-07-20T12:51:13.522ZDwight Thomas Shookhttps://realestatefinance.ning.com/profile/DwightThomasShook
<p></p>
<p><span><strong>Try this one. Email or text me if you are interested in proceeding. </strong></span></p>
<p><span><strong>Dwight Shook</strong></span></p>
<p><span><strong>Email dshook6495@embarqmail.com</strong></span></p>
<p><b>Mobile 239-839-0754</b></p>
<p><span><strong>Multifamily</strong></span></p>
<p><span><strong>Low Rate Program </strong></span></p>
<p><span><strong>For credit worthy investors who want a better </strong></span><span><strong>alternative to bank…</strong></span></p>
<p></p>
<p><span><strong>Try this one. Email or text me if you are interested in proceeding. </strong></span></p>
<p><span><strong>Dwight Shook</strong></span></p>
<p><span><strong>Email dshook6495@embarqmail.com</strong></span></p>
<p><b>Mobile 239-839-0754</b></p>
<p><span><strong>Multifamily</strong></span></p>
<p><span><strong>Low Rate Program </strong></span></p>
<p><span><strong>For credit worthy investors who want a better </strong></span><span><strong>alternative to bank financing…</strong></span></p>
<ol>
<li><span><strong>Private Wall Street, Pension Plan, Hedge Fund, Private Office and Insurance Company Money</strong></span></li>
<li><span><strong>3.5% to 7%+ (</strong></span><span><strong>Commercial)</strong></span></li>
<li><span><strong>4.5% to 7%+ (NOO Residential, Multifamily & Mixed-Use)</strong></span></li>
<li><span><strong>$</strong></span><span><strong>500,000 to $100 Million</strong><strong> </strong></span></li>
<li><span><strong>30 year fixed or 5/1 ARM</strong></span></li>
<li><span><strong>30 year amortization</strong></span></li>
<li><span><strong>Finance up to 75% of purchase price</strong></span></li>
<li><span><strong>Refi Cash-out up to 75% of appraised value</strong></span></li>
<li><span><strong>700+ credit score</strong></span></li>
<li><span><strong>Tax returns required</strong></span></li>
<li><span><strong>DSCR 1.15+</strong></span></li>
<li><span><strong>Points: 1 or 2</strong></span></li>
<li><span><strong>Prepayment: 5% for 3 years</strong></span></li>
<li><span><strong>Nationwide (45 States)</strong></span></li>
<li><span><b>PRE APPROVAL in 24 business hours</b></span></li>
<li><span><strong>Loans funded: 3 to 5 weeks</strong></span></li>
<li><span><strong>Foreign Nationals welcome</strong></span></li>
<li><strong>No upfront fees..</strong></li>
</ol> Multifamily Construction or S…tag:realestatefinance.ning.com,2020-06-27:6517464:Comment:3661302020-06-27T23:22:37.273ZRickey Schroederhttps://realestatefinance.ning.com/profile/RickeySchroeder
<p><br></br>Multifamily Construction or Substantial Rehab FHA-HUD Loans<br></br>Multifamily Construction or Substantial Rehab Loans<br></br>FHA/HUD Section 221 (D)(4)<br></br>2.75% to 4.5% Fixed <br></br>Eligible properties: Market rate, low to moderate income and subsidized multifamily properties <br></br>Commercial space limited to 25% of net rentable area & 15% of gross income (30% underwritten EGI in urban renewal areas under Section 220)<br></br>Term & amortization: 2 year + 2 months interest only…</p>
<p><br/>Multifamily Construction or Substantial Rehab FHA-HUD Loans<br/>Multifamily Construction or Substantial Rehab Loans<br/>FHA/HUD Section 221 (D)(4)<br/>2.75% to 4.5% Fixed <br/>Eligible properties: Market rate, low to moderate income and subsidized multifamily properties <br/>Commercial space limited to 25% of net rentable area & 15% of gross income (30% underwritten EGI in urban renewal areas under Section 220)<br/>Term & amortization: 2 year + 2 months interest only construction loan then 40 years fully amortizing<br/>$3 to 100 Million+<br/>Nationwide<br/>No upfront fees. We are paid when your loan is funded at closing.<br/>High LTC: Subsidized: 90% LTC with 1.11X debt service coverage; Affordable: 87% LTC with 1.15X debt service coverage; Market Rate: 85% LTC with 1.18X debt service coverage; Subsidized and Affordable: 80% LTC with 1.25 debt service coverage <br/>Minimimum Scope of Work: <br/>0.5% rate lock deposit refunded at closing<br/>Non-recourse<br/>Low fees and points<br/>Prepayment and assumption negotiable<br/>700+ Credit<br/>Strong borrower/sponsor liquidity, net worth, financials and experience required<br/>Single asset, special purpose entity, either for profit or non-profit required<br/>Eligible properties must: provide continuous protective oversight, offer 3 meals per day, state licensed, non-resident care not to exceed 20% of gross area & gross income, may include up to 25% non-licensed independent living units and commercial space up to 10% of gross floor area & income<br/>Construction or rehab defined as 15% of post-rehabilitated value or replacement of 2+ major building components<br/>Davis Bacon wages required by HUD and determined by Department of Labor<br/>Escrows: (1) prior to construction, reserves for interest, taxes, insurance, working capital (4% of loan) and initial operating deficit; balances released to borrower 6 months after 6 consecutive months of break-even operations; (2) Post construction: taxes, insurance and mortgage insurance premium escrowed monthly and a capital needs reserve maintained with monthly deposits in accordance with HUD guidelines<br/>Mortgage insurance premium: 0.77% payable at closing and annually until principal repaid (0.45% for tax credit deals)<br/>HUD application fee: 0.30% of estimated loan amount due with submission of final application<br/>Third party reports: appraisal, market study, environmental & review of final construction and architectural docs by HUD approved reviewer<br/>Timeline: typically 12 months from due dilligence to closing</p>
<p><br/> I am a representative of this company with many loan products like this one.If you're interested in this loan program please e-mail me and I will send you within 24 hours requesting your name<br/>Your company's name and to agree that closing 1% the amount financed through the company I am representing and sending you this information.<br/>My name as Rickey and my e-mail address freebirdrickey@aol.com. Thank you and god bless you</p> Contact The Financial Mall, L…tag:realestatefinance.ning.com,2019-03-06:6517464:Comment:3381372019-03-06T18:19:36.122ZMarvin Baptistehttps://realestatefinance.ning.com/profile/MarvinBaptiste
<p>Contact The Financial Mall, LLC a platform of the most diverse lenders and investors, we are affiliated with lenders, banks, credit unions, pension fund managers. It is typical 25% down plus closing costs, however, we can structure a deal through sources to reduce the down payment substantially. Visit our website: <a href="http://www.thefinancialmall.biz" target="_blank" rel="noopener">The Financial Mall</a> </p>
<p>Contact The Financial Mall, LLC a platform of the most diverse lenders and investors, we are affiliated with lenders, banks, credit unions, pension fund managers. It is typical 25% down plus closing costs, however, we can structure a deal through sources to reduce the down payment substantially. Visit our website: <a href="http://www.thefinancialmall.biz" target="_blank" rel="noopener">The Financial Mall</a> </p> My name is James am the Manag…tag:realestatefinance.ning.com,2018-09-24:6517464:Comment:3302152018-09-24T17:41:22.849ZJame R Barkleyhttps://realestatefinance.ning.com/profile/KerryMorton
<p><span>My name is James am the Managing Director of FINANCE OUTSOURCE SERVICE LLC located in Nevada USA and my lending interest rate is 6 percent. You can email me the amount you seek as loan and the repayment duration if you are interested in my service.</span></p>
<p><span>My name is James am the Managing Director of FINANCE OUTSOURCE SERVICE LLC located in Nevada USA and my lending interest rate is 6 percent. You can email me the amount you seek as loan and the repayment duration if you are interested in my service.</span></p> For Multifamily/Apartments we…tag:realestatefinance.ning.com,2018-08-09:6517464:Comment:3271982018-08-09T15:36:25.076ZCindra Ranierihttps://realestatefinance.ning.com/profile/CindraRanieri
For Multifamily/Apartments we need 25% DOWN. OR....If Seller Carrys back 5% on note.....then<br />
buyer only needs 20% Down. We Allow 80% CLTV Combined Loan to Value.<br />
<br />
NO INCOME VERIFICATION.....NO BANK STATEMENTS (except one current to show Deposit & some reserves).<br />
NO TAXES.....NO DTI.....NO DCSR if loan under $750k!....& NO POINTS!!!<br />
<br />
Please call me:<br />
<br />
Cindra Ranieri<br />
Velocity Mortgage Capital<br />
<a href="http://www.velocitymortgage.com" target="_blank">www.velocitymortgage.com</a><br />
818 338 9784
For Multifamily/Apartments we need 25% DOWN. OR....If Seller Carrys back 5% on note.....then<br />
buyer only needs 20% Down. We Allow 80% CLTV Combined Loan to Value.<br />
<br />
NO INCOME VERIFICATION.....NO BANK STATEMENTS (except one current to show Deposit & some reserves).<br />
NO TAXES.....NO DTI.....NO DCSR if loan under $750k!....& NO POINTS!!!<br />
<br />
Please call me:<br />
<br />
Cindra Ranieri<br />
Velocity Mortgage Capital<br />
<a href="http://www.velocitymortgage.com" target="_blank">www.velocitymortgage.com</a><br />
818 338 9784