Hard Money
Do you have hard money funding to offer? Do you have an investment property that requires the flexible, quick financing we all know as hard money?See More
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Jake Moore's Discussions
Residential & Commercial Flip Money Nationwide -- Experience Borrowers
Started this discussion. Last reply by Jake Moore Feb 16, 2015. 4 Replies 0 Likes
100% LTV up to 70% ARVFast closingsNo junk fees$100k-$5MM6-12 month terms12-14% interest5-6 pointsNo bankruptcies in past 5 yearsNo foreclosures in past 2 yearsNo current mortgage latesAsset…Continue
Business Lines of Credit Available
Started this discussion. Last reply by MoEquity, LLC Nov 17, 2014. 1 Reply 0 Likes
Is your business at least 2 years old?Does it have $150,000 in annual revenues?Do your tax returns show it is profitable in at least 1 of the last 2 years?Is your FICO at least 620?If you meet these…Continue
Nationwide Fix and Flip Program
Started this discussion. Last reply by Eric Eissler Oct 28, 2014. 25 Replies 5 Likes
I want to let you know about a new program which covers 100% of purchase, fix and finance charges. Here are the parameters:100% FINANCING BASED ON 60% ARV VALUE INTEREST 12-14%- 5 POINTS TO LENDER…Continue
Tribal Land Construction Loan Sought
Started this discussion. Last reply by Richard Max May 22, 2014. 13 Replies 0 Likes
I'm looking for direct lenders who can lend to Native American tribes. There are extra technicalities when doing so so I need someone experienced with them.The tribe I'm working with has a number of…Continue
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I NEED A LOAN!
Post in this group for one reason and one reason only, if you are in need of a real estate loan.Post your request with any information that lenders and brokers need to know in order to get you financed. There are thousands of mortgage brokers and hundreds of lenders on this website. If you have a solid funding request, it will be answered!*Lenders and Brokers: DO NOT advertise here. If you see a funding request that you would like to help with, reply here or send a PM to the person in need of…See More
Commercial Financing
This is a group for those seeking/providing information about commercial financingSee More
Business & Unsecured Loans
Lines of credit and term loans are available here. Easy, fast approval process!See More
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- Mountain Boy Consulting LLC
Jake Moore's Blog
New Construction And Flip Lines of Credit With 620 FICO
Posted on February 10, 2018 at 8:30am 0 Comments 0 Likes
Do you have enough capital to do all your deals? If not look at the terms on this real estate line of credit and see if the high ltv plus decent hard money terms would make sense for you.
Up to 90% purchase and 95% rehab on flip
Up to 75% land purchase price and 100% build on new construction
75% of ARV
620+ fico
$50k minimum loan per property
Rates typically 8-10%
Points typically 3.5% (may be higher on small deals)
Must have 1…
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Jake, Do you fund Flagged Hotel construction? Have Project looking for funding. Contact me.