Funding for OH multifamilies 4-6 units

Looking for a lender who will fund the purchase and rehab of multifamily properties in Ohio. The properties are usually four or six unit buildings. Mainly looking at REOs, but also marketing to private sellers with distressed properties.

We want to hold these properties after rehab. We're open to a lender who wants to fund a shorter term to facilitate our purchase and rehab until we can refi with our local bank, or we're also open to someone who wants to fund longer term.

Views: 379

▶ Reply to This

Replies to This Discussion

Permalink Reply by Michael Shaw on May 5, 2014 at 7:28am

Hard Money Mike 443-838-9563

Ft. Myers FL. Since 1971. fishermike50@gmail

All 50 states.JUST LIVING THE DREAM!

Permalink Reply by Arnold Walker on May 5, 2014 at 11:05am

Erin,

Attached below is a funding program for review. Upon review should you have questions please contact me.

Regards,

Phillip Walker

Stone Creek Financial Services

Phone: 510-575-1709

Fax: 1-855-203-6081

Attachments:
Permalink Reply by Home loans on May 6, 2014 at 9:43am

Hi,

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#   pepe.finaldo@gmail.com

Permalink Reply by Nikki Hauenstein on May 6, 2014 at 11:23am

Hi Erin,

At ReCasa Financial Group, we lend to real estate investors for the purpose of purchase, refinance and rehab. Our rehab loan program offers 100% financing for the purchase, improvements and soft costs of 1-4 family non-owner occupied properties. We also offer free prequalification. If you are interested in our rehab loan, feel free to contact us at 614.221.6770 or info@recasafinancial.com. Visit our website www.recasafinancial.com too! We look forward to working with you.

Thank you,

Nikki Hauenstein
614.221.6770
nhauenstein@recasafinancial.com
www.recasafinancial.com

Permalink Reply by Leah Pollack on May 7, 2014 at 3:53pm

Erin,

Call when you have a chance to discuss the options. I would love to help you out with these.

Leah Pollack

Eastern Union Funding

732-301-3929

Permalink Reply by Arden Gist on May 8, 2014 at 7:18am

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
877-570-5594 Arden 

or email ag29577@gmail.com

1a7b0bhhifmkjPermalink Reply by 1a7b0bhhifmkj on May 8, 2014 at 9:32am

Hello Erin,

When properties have been rehabbed, we can do a blanket loan up to 75% with a 680+ fico, rates start in the 5's, and a 5 or 10 yr loan.  Let me know,

Sincerely

Javier Flores

floresjavier00@gmail.com

Permalink Reply by Copelon J. Kirklin on May 8, 2014 at 6:35pm

Erin,

We are a direct commercial lender. We have several options for this. Give me a call on my cell or email me using the contact info below. Look forward to hearing from you.

Regards,

Copelon J. Kirklin
Business Relationship Officer
Institutional Banking Services, N.A. CORP
401 E Las Olas Blvd Suite 1400
Fort Lauderdale, Fl 33301
Office: 954-889-5827 ext 803
Mobile: 225-304-2634
 
 
Recent Press Releases
 
 

Permalink Reply by Jeffrey Freis on May 15, 2014 at 10:02am
Jeffrey B. Freis Associates, Inc. has an active real estate finance division. We have experience with the financing you are looking for. Contact me to discuss your Projects.

 
Jeffrey B. Freis, President
Jeffrey B. Freis Associates, Inc.
Tel: 914 967-9235
Fax:914 798-6670
Permalink Reply by Richard Max on May 16, 2014 at 2:25pm

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.

Best Regards,
Richard Max.
(872) 225-2819
Address: 4625 Sherland  Rd,Mountain View,
CA 94043, USA.

Permalink Reply by John Sahaj on May 29, 2014 at 2:01am

Please visit our website at www.capitaltrustloan.webs.com

Permalink Reply by Arden Gist on May 29, 2014 at 11:53am

Construction Loans available/ Rehabs

11% -13% Interest and 2- 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
877-570-5594 Arden 
www.GistGroupLLC.com
or email ag29577@gmail.com

RSS

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service