Fix & Flip Lender Needed In GA
Hello, I am looking to partner with a direct lender for fix and flip loan
I have a client who want to purchase a property in
Atlanta GA on west end. HML needed to complete purchase property and rehab.
Time to rehab 6-8 weeks
client has income to service the HML.
need non-credit based loan
Need to move quickly
Client has buyers already interested in the home holding time should be less than 2 weeks.
investor has wholesaled and completed fix and flip before.
$105K purchase price
$52k in rehab
ARV $240-$250 range
Small Commercial Rehab loan need
It is a commercial office building in Atlanta, 2300 sq. ft. owned by a N.O.O. It has a tax value $163K, and the as is value approx. $132K. ARV should be $200+ after renovation. My client wants $50K to rehab to flip to waiting buyer. 30 to 60 days needed on rehab. No mortgage on property.
Please direct lenders only, sorry no brokers.
You only want to deal with direct lenders. I am not.
But I have an idea on your request for the rehab only fund for $50K for 30-60 days.
How is this investor credit score? My team can assess if he qualifies for a line of credit or short term loan and qualify him for the $50K. And with some lines of credit he can get the $50K interest free for at least 6month. If he sells before that and repays the $50K, he just got the lowest cost for money .
Let me know. My email is firstname.lastname@example.org
Thanks and be well, Ana
His credit is less that perfect so a LOC wont work. Thanks for the suggestion though.
Just now I noticed your reply.
I can refer you to direct lender.
Contact me at email@example.com or 760.713.6242
One of my top direct private Flip and Flip lenders are breaking ground on a new additional loan program for direct real estate investors seeking immediate quick funding and below is the lending criteria.Also if you are seriously interested and ready,then let me know,i am direct to one of the principals in the firm and they can provide a list of some of their recent projects funded upon your interest to move forward:
Just sent you a form to complete. Emailed to you.
Let me know you got it and if you have questions.
We have a 90% program that equates to : 75% LTV with 100% rehab cost included. 650 Fico req
We also have a 1ML Line of credit for Investors.680 Fico / at least 5 fix & flips in the last 12 months / 20% req for each deal.
Give me a call if you or clients are interested.
Advance Commercial Finance
770-572-4481 / firstname.lastname@example.org
Yes we are Brokers BUT we are direct to our Sources. We do not shop our deals, we don't have to....