looking for private lenders/jv partners to put up captial for the aquistion and rehab of single family homes in the Tampa Bay area. We will pay 10% int only on the funds plus an equity participation of the resale. Your investment will be secured by a first mortgage on the property. Minimum investment would be 100k.


Views: 97

Reply to This

Replies to This Discussion

We don't offer these but possibly Hard Money Broker Scott Chinchar does:  Clearwater Mortgage 1-800-308-6766 or Scotty@clearwatermortgage.com

Good luck. 

Best, Forest

Guy in the White Hat - Your Hard Money Lender for Northern CA

ok tks

I not only represent a fund, the owner of the fund is a personal friend that has allow me to market and underwrite their program; first this is not a line of credit or an joint venture with a 50/50 split. This nationwide program is a swift solution (3-5 day to fund) for real estate investors with no advance fees to worry about. Thank you, I welcome working with you.

 

    Lending for Real Estate Investors Nationwide (Short Sales, REOs, Auctions)

 

  • 100% of the Purchase base on a 60% ARV
  • Property Types: 1-4 family, wholesale purchases, short sales, REO, Multifamily, Mixed Used
  • Terms: 12 Months Interest Only with No Pre-Pay Penalties
  • Fico 650, experience will always trump your fico or your financials
  • Rate 10% to 13%, no monthly payments
  • No tax returns or Bank Statements requirements
  • Points 2-3, points that can be rolled inside the loan
  • Loan amounts: $50,000 to $5M
  • The loan can be refinance or flipped: No Pre-Pay Penalties
  • 24 hours for an email quote
  • Commitment letter for your          seller much better than a POF
  • Contract issue the same or next day
  • Funding: within 3-5 days

 

Resume, 1003, Breakdown of the rehab, recent appraisal or BPO or comps

 

 

 

 

 

Have a Powerful Day

George R. Mallory,

VP of Finance, Underwriter

Mobile: 917-653-5215

Fax: 917-591-4601

Email: russellmallory178@gmail.com

RSS

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service