FUNDING FOR REAL ESTATE INVESTING

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FUNDING FOR REAL ESTATE INVESTING

Funding within 3 simple steps. Visit our website for more information.

Website: http://businesscreditfunding.net/
Location: Chicago,IL
Members: 140
Latest Activity: Aug 15, 2023

Discussion Forum

LOAN OFFER

Started by Joe Salam Feb 10, 2023. 0 Replies

We provide several private RE financing programs (Stated Income, Portfolio Loans, Hard Money & Bridge Loans) for acquisitions, refinance, or cash-outs. We can do short-term from 1 to 3 years, all…Continue

When You Need a Reliable Large-Scale Commercial Lending Source!

Started by Dr G Jan 30, 2023. 0 Replies

www.closeloantoday.comWe want to earn your business for a lifetime, not just today!Our business model is relational, not transactional,…Continue

THE ANATOMY OF A SUCCESSFUL REAL ESTATE FLIP TRANSACTION

Started by Rob Beeman Apr 22, 2022. 0 Replies

Not every deal is a winner, but the true wins benefit many.OK, the investor completed the flip & made a profit.But it is much more than that. Let’s see who else won (benefited).The winners &…Continue

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Comment by Sharon Askew Whitten on May 8, 2018 at 12:31pm

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Comment by Sharon Askew Whitten on May 7, 2018 at 7:09am

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Comment by Sharon Askew Whitten on April 16, 2018 at 7:16am

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Comment by Dwight Thomas Shook on March 3, 2018 at 6:13pm

PRIVATE COMMERCIAL FINANCE/ BALANCE SHEET AND COLLATERAL ENHANCEMENT


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Comment by Sharon Askew Whitten on December 28, 2017 at 9:55pm

IRA/401K Retirement Finance Is Available From $50,000 And Up.

Receive Funds In 2 Weeks.

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  http://ezloanfunding.com/1771

Comment by Sharon Askew Whitten on November 18, 2017 at 6:54pm

We Lend Up To 10,000,000 In 7 Days For Real Estate Investing Nationwide.

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   http://ezloanfunding.com/1771

Comment by Frank Lawson on May 12, 2017 at 4:15pm

Is anyone on this site able to do international financing.  I am in need of a true international lender.  I have two multi-million dollar deals a few with no debt no mortgages.  Others with tons of equity

Comment by Carole L Singh on March 20, 2017 at 8:51am

Wanted Asset based Portfolio loan....NO Fees will be paid before closing, all appraisals, lawyers fees, insurance, title work surveys, architects fees, town planning and plot plan fees be paid by us and counted as down payment towards "skin in the game". 

 

1) Size of loan? Blanket loan for purchase & rehab $600,000


2) Type of property & Address of property?  
4 pieces........
(1) multifamily,
(1) multifamily 
(1)single family rehab and 
(1) below market land for building 

3) Current as-is value of property and how is that value being arrived at?
#1 multifamily 1 $100,000 Comps in area
#2 multifamily 2 $156,000 Tax appraisel
#3 single family $82,600 Tax assessment
#4 2.89 acres with river frontage, $20,000 asking price for building home

4) Detailed Breakdown of the Uses of the proceeds?  All will have ARV done by pre-
appraisal per my renovation specifications and comps in area.
#1 Acquisition $100,000  $50,000 rehab ARV $225+/-
#2 Acquisition $95,000  $50,000 rehab ARV $225
#3 Acquisition $54,900  $75,000 rehab total gut  ARV $199,000+/-
#4 Acquisition $20,000  $150,000 to build log cabin or custom home ARV $250,000+/-
Balance for misc costs, permits appraisals etc.

5) Length of loan?
1 year renewable, option to convert to conventional rental loan for each

6) Exit strategy?
#1 hold as rentalRental
#2 Sale or hold as rental
#3 Sale or hold as rental
#4 Hold as rental

7) Borrower’s Pricing Expectations (rate & point wise)
8%, 1-2 points

8) Are you the Borrower or a Broker?
Borrower

9) If this is a purchase, how much down payment is the Borrower bringing to the closing table as a down payment towards funding?
We will have $30,000 cash towards the full portfolio expenses if the loan is approved and can move ahead promptly.
Comment by Sharon Askew Whitten on March 5, 2017 at 1:01pm

We Offer Investor Real Estate Funding Up To $10,000,000 In Two Weeks.

Visit My Website For Information And To Apply:

  http://ezloanfunding.com/1771

 

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