Derrick Knight's Posts - Real Estate Finance
2024-03-29T09:05:39Z
Derrick Knight
https://realestatefinance.ning.com/profile/DerrickKnight
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Residential Investment Loans
tag:realestatefinance.ning.com,2017-09-30:6517464:BlogPost:308485
2017-09-30T18:09:14.000Z
Derrick Knight
https://realestatefinance.ning.com/profile/DerrickKnight
<p><span class="font-size-4" style="font-family: arial black,avant garde;">Residential Investment Loans</span></p>
<p>SFR – 2-4 Units – Condos - Townhouses</p>
<p> </p>
<p><b><i><u>Fix n Flip </u></i></b></p>
<p><b><i>$75,000 - $3,000,000 </i></b></p>
<p><b><i> </i></b></p>
<p><b><i>Core</i></b></p>
<p>$75,000 - $2,000,000</p>
<p>Upto 90% of Costs</p>
<p>Upto 75% of ARV</p>
<p>3-4 pts | 8-14%</p>
<p>6-12 Month Interest Only</p>
<p>---------------------</p>
<p><b><i>Pro Flipper…</i></b></p>
<p><span class="font-size-4" style="font-family: arial black,avant garde;">Residential Investment Loans</span></p>
<p>SFR – 2-4 Units – Condos - Townhouses</p>
<p> </p>
<p><b><i><u>Fix n Flip </u></i></b></p>
<p><b><i>$75,000 - $3,000,000 </i></b></p>
<p><b><i> </i></b></p>
<p><b><i>Core</i></b></p>
<p>$75,000 - $2,000,000</p>
<p>Upto 90% of Costs</p>
<p>Upto 75% of ARV</p>
<p>3-4 pts | 8-14%</p>
<p>6-12 Month Interest Only</p>
<p>---------------------</p>
<p><b><i>Pro Flipper (Experienced)</i></b></p>
<p>$75,000 - $3,000,000</p>
<p>Upto <span style="color: #ff0000;"><b><i><u>100% of Purchase and Rehab</u></i></b></span></p>
<p>Upto 75% of ARV</p>
<p>2-4 pts | 6% - 14%</p>
<p>6-12 Month Interest Only</p>
<p>_______________________________</p>
<p> </p>
<p><b><i><u> </u></i></b><b><i><u>Lines of Credit</u></i></b></p>
<p>$250,000 - $25,000,000</p>
<p> </p>
<p><b><i><u>Residential Investment Rehab Lines</u></i></b></p>
<p>Purchase of Investment Residential</p>
<p>Qualify Once and have a permanent line</p>
<p> </p>
<p><b><i><u>Commercial lines of Credit</u></i></b></p>
<p>Revolving Lines | Used for Any Purpose</p>
<p>Back by Real Estate</p>
<p> </p>
<p>_________________________________</p>
<p><span style="text-decoration: underline;"><em><span class="font-size-3" style="font-family: times new roman,times;"><strong>Rentals</strong></span></em></span></p>
<p>$75,000-$5,000,000</p>
<p> </p>
<p>Purchase, Refinance, Cash-Out</p>
<p>80% LTV Purchase | 75% LTV Refinance</p>
<p>1-3 pts | Fixed Rates 4.5%-9%</p>
<p>Available ARM 3/1, 5/1, 7/1</p>
<p>Fico 640+ (options down to 600)</p>
<p>30 YR Amortization</p>
<p> </p>
<p> </p>
<p><span style="text-decoration: underline;"><em><strong>Residential Portfolio Loans</strong></em></span></p>
<p>$700,000 - $25,000,000</p>
<p> </p>
<p>Upto 75% LTV</p>
<p>5YR | 10YR Term</p>
<p>660 Fico Minimum</p>
<p>1-2 Pts | 5.75%- 6.75%</p>
<p> </p>
<ul>
<li>Direct Lender</li>
<li>No Tax Returns</li>
</ul>
<p> </p>
<p><font size="3">Nationwide</font></p>
<p><font size="3">Fully Licensed</font></p>
<p><font size="3">857-453-3805 | dknight@vissorcommercialcapital.com</font></p>
<p> </p>
Residential Rehab & Rental Loans Nationwide
tag:realestatefinance.ning.com,2017-09-26:6517464:BlogPost:308372
2017-09-26T19:37:13.000Z
Derrick Knight
https://realestatefinance.ning.com/profile/DerrickKnight
<p><strong><span class="font-size-5" style="font-family: georgia,palatino;">Rehab/Flip Loans Nationwide</span></strong></p>
<p><strong><span class="font-size-3">Res 1-4 Unit, Condo, PUD</span></strong></p>
<p> </p>
<p>$100,000 - $1,000,000+</p>
<p>12-18 mon | Interest Only</p>
<p>85%-90% of Purchase | (100% Programs Available - w/experience)</p>
<p>100% of Rehab</p>
<p>70%-75% ARV (Higher Possible)</p>
<div><p>Ground Up Construction…</p>
</div>
<p><strong><span class="font-size-5" style="font-family: georgia,palatino;">Rehab/Flip Loans Nationwide</span></strong></p>
<p><strong><span class="font-size-3">Res 1-4 Unit, Condo, PUD</span></strong></p>
<p> </p>
<p>$100,000 - $1,000,000+</p>
<p>12-18 mon | Interest Only</p>
<p>85%-90% of Purchase | (100% Programs Available - w/experience)</p>
<p>100% of Rehab</p>
<p>70%-75% ARV (Higher Possible)</p>
<div><p>Ground Up Construction OK</p>
<p> </p>
<p>_________________________________________________________________________________</p>
</div>
<p><span class="font-size-5" style="font-family: georgia,palatino;"> </span></p>
<p><strong><span class="font-size-5" style="font-family: georgia,palatino;">Stated Income Residential Investment</span></strong></p>
<p> </p>
<p>$60,000 - $3,000,000</p>
<p>30 Year Fixed | 3/1, 5/1, 7/1 Adjustable Available</p>
<p>Purchase | Refinance | Cash-out</p>
<p>Rates Starting at 6%</p>
<ul>
<li><span style="text-decoration: underline;"><em><strong><span style="color: #ff0000; text-decoration: underline;">Direct Lender</span></strong></em></span></li>
<li><span style="text-decoration: underline;"><em><strong><span style="color: #ff0000; text-decoration: underline;">No Tax Returns</span></strong></em></span></li>
</ul>
<p> </p>
<p><font size="3">Nationwide</font></p>
<p><font size="3">Fully Licensed</font></p>
<p><font size="3">857-453-3805 | dknight@vissorcommercialcapital.com</font></p>
<p></p>