Secure 2nd position loans need for Rehab deals in Dallas.

Through my network I have a regular supply of rehab deals in Dallas, TX.
I have everything set up for the rehab and all the hard money first position loans in place for each deal.
I would like to set up with a 2nd position/equity share lender for these deals. We will be starting in January and my need a couple of equity investors. We will be starting 2-4 properties a week and expect to close the same amount in 3-4 months after. These deals eventually after 16 months pay for themselves out of the profit's made.
The figures are crazy and I would love to discus this great opportunity with some serious investor.
Please contact me starting Monday 19th on 415 300 7409cell.

Thanks

Lee Wilkinson
Principal
www.wellstock.co

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I not only represent a fund, the owner of the fund is a personal friend that has allow me to market and underwrite their program; first this is not a line of credit or an joint venture with a 50/50 split. This nationwide program is a swift solution (3-5 day to fund) for real estate investors with no advance fees to worry about. Thank you, I welcome working with you.

 

    Lending for Real Estate Investors Nationwide (Short Sales, REOs, Auctions)

 

  • 100% of the Purchase base on a 60% ARV
  • Property Types: 1-4 family, wholesale purchases, short sales, REO, Multifamily, Mixed Used
  • Terms: 12 Months Interest Only with No Pre-Pay Penalties
  • Fico 650, experience will always trump your fico or your financials
  • Rate 10% to 13%, no monthly payments
  • No tax returns or Bank Statements requirements
  • Points 2-3, points that can be rolled inside the loan
  • Loan amounts: $50,000 to $5M
  • The loan can be refinance or flipped: No Pre-Pay Penalties
  • 24 hours for an email quote
  • Commitment letter for your          seller much better than a POF
  • Contract issue the same or next day
  • Funding: within 3-5 days

 

Resume, 1003, Breakdown of the rehab, recent appraisal or BPO or comps

 

 

 

 

 

Have a Powerful Day

George R. Mallory,

VP of Finance, Underwriter

Mobile: 917-653-5215

Fax: 917-591-4601

Email: russellmallory178@gmail.com

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