I want finance for an investment property purchase in Atlanta GA (approx 70% LTV).
I am looking for rates close to 5% and with little/no points/charges/fees and payable after funds have been transferred. If you can help me I want to act quickly, I already have offers submitted.
I would prefer to put the property purchase and the loan in the name of a GA based LLC, or can keep it in my personal name. I am a non resident foreign national (which generally makes financing harder so thought the LLC option would be preferred)) and have a FICO of approx 700, and am after funding of approx $70K per property.
Ideally I would like 5 years plus on the loan, as I am looking to buy and hold (not flip), and would prefer interest only payments, but OK with principle and interest if that is only option.
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John A Hanson.
Funding for your project is no problem, are you looking for hard, or soft money? And do you have information on how you will pay us back, hope to hear from you.
Repayments using monthly received rent, I can buy in cash but would prefer a separate mortgage and not take the equity out of my existing fully paid properties, but funds are there if required.
I am only interested if rates are around the 5-6% region and fees/points are not excessive, definitely no high hard money rates.
How much of a loan amount are you looking for?
$70K-100K per property, looking to fund up to 3 right now if terms are right.
Are you still interested in the loan you seek?
Yes, are you available to talk now? Can I call you now? What is your number?
Yes I am in the USA.
My understanding is that you are foreign and with LLC filed in GA
And you are seeking funding for long term rental.
Email me - email@example.com and let me know more details such
is the subject property presently rented? rent amount
is title clear
Be well, Ana
Not at 15% if that's what your suggesting?