Looking to refi a condo I own in Scottsdale, AZ, no cash out. I am planning on putting the property into a Fund so am looking for either a non-recourse loan against the entity or a LOC that I can use to leverage the equity for doing flips and growing the Fund. Is this something you can assist with?
Here are the details;
- Owned for 4.5 years
- Owned by my entity K&S Holdings, LLC
- Current est Value $325K
- Current est Payoff $250K
- Looking for a 60% LTV loan for $195K will use cash to pay down (Have $90K liquid available in this entity)
- Current Tenant in their 3rd year of renting, rents are $1,550/mo
- HOA condo dues $285/mo includes insurance + Grayhawk HOA community dues $414/quarter
- Taxes roughly $2,800/yr
Go to my website at www.samuelcthomas.com and fill out the application for funding.
Looking for long term loan not short term hard money loan.
A. Worldwide Alternative Business Funding & Trade Finance & Loan Resource
CFG Financial Group USA ( with more than two decades of financial service experience working together with CFG USA lending partners around the world )
CFG USA has partnered with a variety of financial institutions and investors to be able to offer a large scope of both pricing and service Funding/Financial Instruments & Performing Note Buy offer options .
CFG USA offers most of their products and services DOMESTICALLY AND INTERNATIONALLY , however any product dealing with real estate (such as mortgage notes) the property must be located within the US. Asset enhancement products/services such as leased financial instruments are offered globally, and is one of their specialties .
CFG USA goal is to enhance the ability to meet the financial needs of financing professionals while building long-lasting strategic alliances for continued ethical business relationships.
Davidwkleeglobalfunding With CFG USA CFG USA Affiliate Portal
Security and Privacy
< Full Steam Ahead!! Your application is on its way to a CFG US loan Representative. Put your feet up and we will get back to you lickety-split!. Your success is our greatest compliment ! > > >
B. Alternative Business Funding & Trade Finance & Loan Resource In USA
Help business owners get the funding they need to succeed
Help both start-ups and existining businesses
Offer funding programs for every situation
Contribute to business growth
*** This funding program works directly with banks and business lenders to obtain the best terms possible for each of our client ***
At ECC Entrepreneur Capital Corporation USA Est. in 1988 , we have over 30 years of experience with business and financial services. From real-estate investments to existing or start-up financial services, our experts can secure the funding you need.
CFG & ECC USA Registered Business Affiliate & Finance Agent
http://davidleeglobalfunding.bizbaby.net CFG USA Affiliate Portal
Need to discuss your loan products before filling out an application. Looking for long term 30 year loan and not hrd money. Your web site is complicated to navigate for reviewing your loan products.
Our Long-Term Rental Loan Program offers up to 30 year terms for your buy & hold. So you can obtain fast funding for purchase, refinance or cash-out.
Rates starting at 5.99%
Term - 30 years & 15 years
Loan Amount -$75k to $1 million
Purchase - up to 80% of the as-is-value
Collateral - 1-4 family non-owner occupied real estate, condos and townhomes
Property Value - "As-is" Appraised Value must be greater than $100k
Credit Score: 620 minimum
If interested, just go to my website at www.samuelcthomas.com and fill out the application for funding.
Just to confirm you will do a non-recourse loan against my entity? The terms on your web site are very different then what you are quoting here.
This program is not on my website and a number of other programs. We might can do a LOC
but we would need to see the application first. Yes non-recourse loan.
Hello Steve, do you still need funding?
Still looking at options, let me know what you can offer.
Steve, i sent you an email reply me so we can discuss more about the deal on how best to move forward.
Yes i can fund your deal email me direct Rmf_martin@aol.com