Fred Price
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  • Winter Park, FL
  • United States
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Fred Price's Discussions

(Q & A) about Advancing Term Line of Credit (ATLOC)

Started Oct 2, 2013 0 Replies

Q = What are the terms?(A) The ATLOC will have a twenty-four (24) month draw period, after which time any balance will convert in month twenty-five (25) to a Prime-based variable interest rate 10/25…Continue

As a Real Estate Investor, you need to be able to move quickly when a property becomes available.

Started Aug 29, 2013 0 Replies

Cash is always king, but at times when you tie up all your liquidity in the purchase you may not be able to recover your cash until the property is rehabbed and sold.Our FANNIE MAE Purchase &…Continue

Tags: and, rehab, renovate, properties, out

National Lender offers Purchase and Renovate Distressed Properties for Investors to rent or flip.

Started this discussion. Last reply by Kenneth wood Aug 30, 2013. 1 Reply

Investors Improve their "Local Real Estate Market" - We are seeing an improvement in the local market that isn't necessarily being made by the "Big Investment Companies" or the "Cash Investors" that…Continue

Purchase and Renovate

Started this discussion. Last reply by Mark Luke Sep 21, 2013. 2 Replies

One Conforming Loan One CloseContinue

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Profile Information

Company name and description
Wells Fargo Home Loans, Renovation Lending Group NMLSR ID: 506517

http://www.wfhm.com/fred-price

Considering a Renovation Effort? Get valuable consultation throughout the planning and funding of the project.

National Lender offers Purchase and Renovate Distressed Properties for Investors to rent or flip.

Investors Improve their "Local Real Estate Market" - We are seeing an improvement in the local market that isn't necessarily being made by the "Big Investment Companies" or the "Cash Investors" that use Hard Many to flip properties,

Our National Bank Specializes In Renovation Lending for Small Individual Investors who finance the projects with "conforming rates and terms" to leverage their credit and maximize their profit!!

ALSO FOR HOME OWNERS:

A home improvement loan can help you pay for simple jobs or more complex remodeling to renovate your home. Financing may be tax deductible (consult your tax adviser on the deductible of interest). Also, the monthly payments are typically lower than credit cards or personal loans because the cost is spread over the entire length of your loan.


Perhaps you’d like to: Update a home’s features or enjoy more living space while remaining in a familiar neighborhood. Make a home more accessible or create a separate living area for another family member. Personalize your home to fit your lifestyle by putting in a pool or adding an attic bedroom. Buy a foreclosure or a short sale and plan improvements to make the home fit your needs and tastes.

Give me a call today! (321) 368-5564

Fred Price's Blog

Why use the 203K Renovation loan - with the new increase in FHA Mortgage Insurance?

Posted on December 7, 2013 at 3:52pm 0 Comments

The FANNIE MAE Renovation will became much more attractive in 2014:
 660 MidScore.
 Up to 95% LTV based on after improved value.
 About half the monthly MI payment you see with FHA.
 No HUD Consultant Required which saves money and makes the contractors much happier and the transaction much smoother.
 Quicker closings.
Did I mention, that Investors are allowed as well?

Advancing Term Line of Credit for investors and small business owners!

Posted on September 4, 2013 at 4:58pm 8 Comments

Key Features:

• Financing from $100,00 - $500,000

• Low 1% origination fee

• Use of funds: Large and/or multiple purchased during draw period (i.e., property improvements, business expansion, purchases of large equipment/vehicles/capital assets)

• 24 month draw period followed by a ten year repayment period with a balloon payment based on a 10/25 year term

• No annual…

Continue

Apartment Financing 5+ Units - National Bank Terms

Posted on July 23, 2013 at 9:32am 0 Comments

o    Loan/Lines from $50,000 to $500,000
o    Highly competitive rates + fees
o    LTV/CLTV up to 75%
o    First or Second Lien
o    Owner-occupied or investor properties
o    Sole Proprietors, Partnerships, Corporations, LLCs
o    Property values up to $3,000,000Commercial%20Real%20Estate.pdf

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At 8:30am on July 17, 2013, sylvia konowa said…



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