GENERAL FUNDING FOR ALL - Real Estate Finance2024-03-29T07:20:54Zhttps://realestatefinance.ning.com/forum/topics/general-funding-for-all?commentId=6517464%3AComment%3A351059&feed=yes&xn_auth=noI have made an offer for a fi…tag:realestatefinance.ning.com,2019-11-14:6517464:Comment:3510592019-11-14T22:20:59.345ZPuru Aminhttps://realestatefinance.ning.com/profile/PuruAmin
<p>I have made an offer for a fix& flip property. Though construction estimates are not done yet, I would like you to pre-approve me so that I can move fast."</p>
<p>I am looking for 70-75% ARV, 90% property acquisition cost + 100% construction</p>
<p>The address is:<span> </span><strong>7701 South Kittyhawk Ave Los Angeles CA</strong></p>
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<p>The purchase price is $ 850K </p>
<p>Total loan sought is $ 1,400,000 including construction, purchase (90%) + interest reserve, taxes,…</p>
<p>I have made an offer for a fix& flip property. Though construction estimates are not done yet, I would like you to pre-approve me so that I can move fast."</p>
<p>I am looking for 70-75% ARV, 90% property acquisition cost + 100% construction</p>
<p>The address is:<span> </span><strong>7701 South Kittyhawk Ave Los Angeles CA</strong></p>
<p> </p>
<p>The purchase price is $ 850K </p>
<p>Total loan sought is $ 1,400,000 including construction, purchase (90%) + interest reserve, taxes, insurance etc.</p>
<p>We have projected two ARV- 1. Rock bottom and 2. Fair market value.</p>
<p>Plans are with two contractors to give line item estimates.</p>
<p>Am told "permit is Pulled" by the present owner- I will need to verify.</p>
<p>Please let me know (1) your points (2) interest rate- charge as you go or not (3) Interest payment policy (4) Appraisal policy- whether a desk, drive-by or? (5) Any upfront cost (6) approximate closing time you need. (7) Any prepay penalty (8) </p>
<p>Please know that I am checking with 3 lenders this time so please be specific in your answers so that we do not waste each others’ time.</p>
<p> </p> hi martin frank ,is this offe…tag:realestatefinance.ning.com,2019-11-07:6517464:Comment:3502412019-11-07T22:54:28.897ZGreg Hurlbrinkhttps://realestatefinance.ning.com/profile/GregHurlbrink
<p>hi martin frank ,is this offer still avaliable. greghurlbrink@gmail.com</p>
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<p>hi martin frank ,is this offer still avaliable. greghurlbrink@gmail.com</p>
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