Looking for lender who will fund 100% of a fix and flip project for my Team.
Specifically looking for:
70-75 % LTV of the ARV of a project with 100% of acquisition funding
Rehab funding to be disbursed in 1/3 1/3/ 1/3 ratio
Criteria based solely on property not financials
Terms for 6 month loan interest only with points paid on the "back side of loan"
Know this sounds tough but this is how I did 10 flips in the past but my "Broker" has left the area.
Note Management Co LLC
Larry, what city/state are your flips in?
Good Morning Simmy
I buy houses in the Puget Sound area of Washington State. Seattle Tacoma metro areas.
Hope this helps and you can find a program that meets our company's needs.
We can provide joint venture funding up to 70% of ARV, covering 100% of purchase and rehab
NO monthly payments
NO credit required
For details go to:
THE LPM TRUST