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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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.