Non-Owner Occupied Rental Deals:


- Acquisition of a Single Family, Duplex, Triplex or Quad
- Property MUST be titled in corporate name
- $50k up to $500k
- LTV up to 70%
- Rates typically 9.50% – 9.75%
- Fixed 2, 3, & 5 year terms
- 25 year amortization
- credit scores as low as 600

Cash Out Refi of Non-Owner Occupied Rental Deals:

- Two year seasoning
- Property MUST be titled in corporate name
- $50k up to $500k
- LTV up to 70% based on appraisal
- Rates typically 9.50% – 9.75%
- Fixed 2, 3, & 5 year terms
- 25 year amortization

 

ASSET-BASED, The program may be used only for:

- Acquisition
- Refinance

The private lender will only FUND the following:

- Land (USA Only)
- Residential Subdivisions (Development of) (USA Only)
- Mixed Use (USA Only)
- Buildings Zoned as Commercial (USA Only)
- Resorts (USA Only)

$1Million and no more than $500Million.

- Up to a 3 year Term
- 10% to 12% Interest Only Payments
- 2 to 3 Points Charged by the Lender at Closing (Plus whatever PCFC Group Charges for Origination)
- NO Prepayment Penalty Fees
- Up to 70% LTV however, will fund 100% with a Security Instrument such as a LOC or BG!
- WILL Cross Collateralize!

NO Credit / Bad Credit / Bankruptcy OK because this program is ASSET BASED and NOT credit based!

Stephen Mitchell

AMCKA Property Investments, LLC

stephen.l.mitchell@gmail.com

 

 

 

 

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IN NEED OF LOANS OR INVESTORS? contact us;   herbertloans@gmail.com

Hi Stephen,

We currently have 2 newly renovated units in Chicago we're looking at doing a cash out refi on as well as a tri-level townhouse we own that we're currently looking to renovate and sell. We have bought, renovated and sold approximately 50 properties over the last 3 years in the Chicago areas so have plenty of experience in these areas.    

Can you please send details of your loan programs to dane@glacierpropertygroup.com at your earliest convenience.
Thank you. 

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