Simmy Ahluwalia
  • Atlanta, GA
  • United States
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Simmy Ahluwalia's Friends

  • Brian Brown
  • Bryan Danocup
  • Janos  Sztojka
  • Tristan Curry
  • Lee Varma
  • Danny Triplin
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  • Jessica Brooks
  • Richard Milford
  • Nelson L. Bruce
  • Ben Stoodley
  • Carole L Singh
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  • Jeffrey Silver

Simmy Ahluwalia's Discussions

Are you an ACTIVE Flipper? Then, our Fix/Flip Line-of-Credit may be a good fit for YOU!

Started Nov 7, 2017 0 Replies

The amount you qualify for is 5x your actual liquidity (cash, free/clear real estate, stocks/bonds, etc....).  Once approved for the LOC, each fix/flip transaction is credited against the…Continue

Tags: loc, lines, of, credit, and

PROOF of Funds Available in YOUR Bank Account Name, Worldwide from $50k+

Started May 23, 2017 0 Replies

Hello,We can offer this joint-venture service for honest, legitimate and capable clients who need to show POF to go to contract, or whatever legitimate need there is for a project.Pricing is based on…Continue

Tags: private, money, funds, of, proof

PROOF of Funds Available in YOUR Bank Account Name, Worldwide from $50k+

Started Mar 5, 2017 0 Replies

If you need to show POF to close a transaction or demonstrate cash-on-hand, we provide this service.Fees are dependent upon the actual POF amount and the duration of the funds in the bank…Continue

Tags: private, money, funds, of, proof

STATED Commercial Loans are Back! From $100k to $2M Nationwide

Started Jul 26, 2016 0 Replies

$100k to $2M - Loan AmountNo Tax Returns, NO W-2, No Income VerificationPurchase, Cash-Out or Refinance70-75% LTV6.5 - 9% Fixed Rate3, 5, 7, 10 year terms15, 20, 25, 30 year amortizationAvailable in…Continue

Tags: producing, private, income, loans, funding

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Simmy Ahluwalia's Page

Latest Activity

Simmy Ahluwalia is now friends with Brian Brown and Carole L Singh
Apr 8
Carole L Singh left a comment for Simmy Ahluwalia
"$150,000 but needs to be able to close the purchase in less than 2 weeks, price of $50,000"
Apr 8
Carole L Singh left a comment for Simmy Ahluwalia
"We need a proof of funds for $150,000 to do a commercial deal. Can you provide one? What is fastest time someone you have could do a cash purchase. Anyone with 100% commercial purchase and rehab financing. We are the rehabbers.  6 plex…"
Apr 8
Simmy Ahluwalia left a comment for Carole L Singh
"Hi Carole.  We offer the POF service.  How much POF are you seeking?  "
Apr 8
Simmy Ahluwalia replied to Juan Lopez's discussion Looking For Best Fix and Flip/Private Money Loans
"Juan, please email me the address and pertinent numbers on this deal:  Info@SimsCapital.biz"
Mar 18
Simmy Ahluwalia commented on Erinn Wilkinson's blog post Looking for Private Lender that is lending in NJ/NY/PA
"Hello Erinn, we originate in these states.  Website:  www.SimsCapital.biz Info@SimsCapital.biz"
Mar 18
Simmy Ahluwalia replied to Admin's discussion Is it possible to get a 90% LTV CASH OUT REFINANCE on an investment home?
"Unfortunately not.  90% C/O doesn't exist.  Most I've seen thus far is 80% and that's with a strong cash-flowing asset and a strong borrower - Info@SimsCapital.biz"
Mar 12
Simmy Ahluwalia replied to LINA BRIGHT's discussion Liable Hard Money Lender
"Lina, check us out:  www.SimsCapital.biz"
Feb 28
Eric Lerman liked Simmy Ahluwalia's profile
Jan 31
Admin liked Simmy Ahluwalia's discussion Are you an ACTIVE Flipper? Then, our Fix/Flip Line-of-Credit may be a good fit for YOU!
Nov 7, 2017
Simmy Ahluwalia posted a discussion

Are you an ACTIVE Flipper? Then, our Fix/Flip Line-of-Credit may be a good fit for YOU!

The amount you qualify for is 5x your actual liquidity (cash, free/clear real estate, stocks/bonds, etc....).  Once approved for the LOC, each fix/flip transaction is credited against the line. TERMS:Evidence of 2-3 Flips in last 24 Months8 to 9.5% Interest-OnlyUp to 90% of purchaseUp to 95% of rehabMinimum loan amount (purchase plus rehab) - $50k9 month term3 points origination 70-75% of ARVNo PPP (minimum 3 months of interest)600+ creditEligible States:  AL, AK, CO, CT, DC, DE, GA, IL, IN,…See More
Nov 7, 2017

Profile Information

Company name and description
SIMS Capital, LLC specializes in brokering funding/financing for commercial real estate, fix 'n flip, small businesses, and even media/entertainment.

Simmy Ahluwalia's Blog

Proof of Funds in Escrow Account Available both Domestically and Internationally

Posted on December 15, 2015 at 10:26am 4 Comments

Do you have a project where you need to show "Proof of Funds"?  If so, we can help.  

There is no maximum amount.  We can and have capability of showing Proof of Funds into the $100's of Millions.

Please email us at Info@SimsCapital.biz

Private Money: Real Estate, Business Loans, Unsec. lines of Credit, Working Capital, Bridge, Hard Money/Permanent Financing

Posted on May 26, 2015 at 7:00am 0 Comments

I represent over 50 national lenders who provide Private Money for a VARIETY of needs.  It would be too much content for this small page.  

Please EMAIL me with your Loan Scenario, and I'll review and tell you if it's something that I can provide funding solutions for:)

SimsCapital.biz

info@SimsCapital.biz

TURNKEY Funding for Fix n Flippers (27 States)

Posted on April 21, 2015 at 9:35am 0 Comments

Brand New Lending Program:

Purchase investment property; Rehab Investment Property; Refinance into a fixed-rate, 30-year term/30-year amortization

We can do 80% Loan-to-Cost, 13% I/O, 13 months, 5 Points on the Purchase and Rehab, minimum 620-630 FICO

Info@SimsCapital.biz

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At 1:53pm on April 8, 2018, Carole L Singh said…

$150,000 but needs to be able to close the purchase in less than 2 weeks, price of $50,000

At 1:50pm on April 8, 2018, Carole L Singh said…

We need a proof of funds for $150,000 to do a commercial deal. Can you provide one? What is fastest time someone you have could do a cash purchase. Anyone with 100% commercial purchase and rehab financing. We are the rehabbers. 

6 plex apartment building, (Downtown Residential). Interior has been gutted and is ready to be finished.
Features
LISTING INFORMATION 
Updated: 03/25/2018
12 Bedrooms
11 Bathrooms
Multi-Family
4,536 Square Feet
Lot Size: 4356 sqft
PUBLIC RECORDS 
Updated: 04/01/2017
Multi-Family
4,536 Square Feet
Lot Size: 4,290 sqft
Purchase $50,000
rehab $100,000 max
Assessed value $93,000 as-is
Assessed value when last functioning apartments $266,700 
ARV  $325,000
RENTAL ZESTIMATE : 
$1,200/mo per 2 br apts X 6 apts = $7,200 mo.   
Zillow Comps
878 Chicopee St,
Chicopee, MA 01013
15 beds 6 baths -- sqft
 SOLD: $100,000 as-is
Sold on 12/27/17
Zestimate®: $231,717
56 Pine St,
Holyoke, MA 01040
9 beds 3 baths 3,875 sqft
 SOLD: $260,000  finished upgrades
Sold on 11/20/17
Zestimate®: $255,679
108 Walnut St,
Holyoke, MA 01040
6 beds 4 baths 2,800 sqft
 SOLD: $205,000  3 apartments
Sold on 04/21/17
Zestimate®: $241,543
124 Beech St,
Holyoke, MA 01040
8 beds 4 baths 2,500 sqft
 FOR SALE 
$219,900
Zestimate®: $214,960
At 2:26pm on November 20, 2016, Jacques Adam said…

We're seeking for 4,800,000$ (80% of ARV) for a duration of about 12 months for this property at 10111 Angelo View, Beverly Hills, CA.  Purchase price: 3,200,000$, Rehab:  600,000$ and construction of a second floor:  1,000,000$ for a total of 4,800,000$

At 2:30pm on February 4, 2015, Art Jackson said…

Simmy,  My direct email address is gennevapropertiesllc@gmail.com.  Contact me so we can discuss what your offering and how we both can make money.  Art

 
 
 

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