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Permalink Reply by Mathieu on October 14, 2012 at 2:49am

Seeking funding for the purchase of warehouse in the region haute-garonne (france). We buy the property approximately 2/3 full, however, we at the same time rent the property to 100% of their capacity and want to monetize the value of the lease at the time of our purchase. Our original investment price is $ 250,000, however, the value of commercial property, to a ceiling of 8 and 10%. Still us just finding 90 and 100,000 dollars for closed the final purchase, which serra repay over 10 years. We seek to obtain financing on the basis of the assessment with the renewal of the lease in place. Please contact me for more details.

ouattama@gmail.com

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Permalink Reply by George Mallory on April 10, 2017 at 6:09pm

Calvin, if you ever need us, please keep us in mind, thanks.

100% For the Purchase 100% Rehab

Rehab Mortgages ALL 50 STATES

PROPERTY TYPE:

Investor loans on 1 - 4 Family small apartment buildings.

LIEN POSITION: First mortgage only.

STANDARD TERM:

6 months with monthly extensions up to 12 months.

ADVANCE RATE:

Up to 100% of the purchase and rehab, subject to: (i) a minimum borrower funded reserve of 12.5% of the loan amount and prepaid interest for six months, and (ii) up to a maximum LTV of 65% of the After-Repaired-Value of the property.

RENOVATION FUNDS:

Renovation in three draws, and wired directly to your account. Rehab portion of the loan typically not to exceed 100% of acquisition cost.

GUARANTEE: Personal guarantee required.

QUALIFYING DOCUMENTS:

Investor Assessment Form

LOAN DOCUMENTATION:
(For Each Loan)

Purchase Agreement

Summary of Rehab Work to be Completed

After-Repair-Value Appraisal (Obtained by Stanford)

Title Policy (Obtained by Stanford)

Stanford Deal Submission Form

Pictures of Rehab Property

Home Inspection

3 months of Bank Statements

2 years of Tax Returns

3 Most Recent Pay stubs

Signed 4506-T