Looking for private funds to purchase, rehab and hold for cash flow. Purchase price 57k repairs 14k. AVR 125k.Currently looking for 71k loan amount for 24 month term. Property in Baltimore, MD 3 brm, 2 bath. Will rent for 1400 per month. Property under contract, closing date 8/20/12. Thanks, Robert
Fix and Flip Loan
Loan size $50,000 to $2,000,000
1-4 family Non-Owner Occupied
Commercial Properties (case by case)
80% LTV Purchase
70% LTV Cash-Out Refinance
Credit: There is no minimum credit score
Average closing time line 10 to 15 days.
I can help you with the loan which you seek. Please let me know if you are interested in knowing more about my lending program and criteria okay.
Drewe Frederick William