I am seeking short term finance to purchase a REO from bank. I have an offer in for $17,000 the subject property is a condo in Kankakee, Illinois which is 45 minutes from Chicago. The condo last sold in 2005 for $60,000. Area comps support $50,000. I have a first time buyer who is qualified for FHA. The condo needs about $5,000 in cosmetic repairs. I am selling the property for $35,000. I need $20,000 that's an LTV of only 40%. I'm looking for 90 days term.
Construction Loans available
13% Interest and 4 points ( Closing costs required of borrower)
80% of purchase
9 Month Term
100% of rehab/ construction
Max loan amount on this program is 2MM
Client's credit doesn't matter
California, Arizona,Colorado, Wyoming, Washington, SC, NJ ,Ohio, Texas, Florida, NJ, and Illinois
For this construction loan program
This is very simple
Great for builders and rehabbers
Just need one sheet to review
or email email@example.com
We lend up to a certain level against different categories of property. Loan applications are considered on a case by case basis within Trust Lending criteria.
You can contact us for funding today Email# firstname.lastname@example.org
At ReCasa Financial Group, we offer 100% financing to real estate investors in your area for the purchase, improvements and soft costs on 1-4 family non-owner occupied properties. If you are interested in learning more, please feel free to call us at 614-221-6770, email email@example.com, or visit www.recasafinancial.com. We look forward to working with you!
We are private equity & venture capital investment company who are ready to fund projects in the form of debt finance.
Do you need a loan to Enhance your business? Loan to Consolidate your Debt? Loan for personal uses? Loan for credit Card? Mortgage Loan? We are the solution to your financial problem. We grant loan to both cooperate and private entities at a low interest rate. The terms are very flexible and interesting.
Kindly revert back if you have projects that needs funding for further discussion and negotiation.
Address: 4625 Sherland Rd,Mountain View,
CA 94043, USA.
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I am a Registered and Licensed Money Lender/investor
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