Real Estate Investor needs first mortgage refinancing on one or more of 16 single family homes in Zephyrhills, Dade City, Land O Lakes and surrounding towns (Tampa Florida Suburbs). Each of these properties is rented on one year leases for between $550-$1,100 per month. Your $30,000 - $70,000 loan for each home or a package loan of about $750,000 would be conservatively secured by a first mortgage on one of these properties valued at $70,000 - $100,000 each. Conservative loan to value of 70% based on conservative current values. The collateral are remodeled rented starter homes in very good condition.
I am Ivy League College (Cornell) educated and Duke MBA graduate who is buying foreclosed properties from banks. My credit score is now approximately 755 and I have never made a late payment in my entire life. These properties were purchased for cash and remodeled nicely and then rented to working people for 1 year leases. Looking to refinance the properties so that I can purchase more foreclosed properties. Offering an 9% return to the investor. I can prove everything I am telling you in this offer.
Please contact me for further information. Thank you for your consideration.
Hard Money Mike 443-838-9563
up to 80% Investment, 65% Cashout, 80% Commercial, 50% Land Bridge
South Ft. Myers FL. Since 1971. fishermike50@gmail
all 50 states. JUST LIVING THE DREAM!
I am only licensed for the state of California and have been doing hard money loans for 25 years now. I have a long-time friend who is a Broker in Clearwater, Florida and he's been doing hard money loans for such investments, for years now. His name is Scott Chinchar of Clearwater Mortgage and phone # is 1-800-308-6766 and email firstname.lastname@example.org.
I wish you the best of luck.
Best, Forest - The Guy in the White Hat
We are located in Naples, FL. Please contact us with any properties you need to get financed.
LOAN TERM: Up to 3 years
LOAN SIZE: $30,000 to $12,000,000
AMORTIZATION: Interest Only / 360 months
INTEREST RATES: 9.5% to 14.00% (depending on LTV) rate buy downs available
LOAN TO VALUE: Up to 89.99%
LENDER FEE: 3-4% taken at closing
CLOSING TIMES: 12 - 21 Days
* NOO Residential (Purchase - Rehab - Cash Out)
* Multifamily - Apartment Buildings - Second Homes
* Commercial - Office Buildings - Hotels/Motels - Mixed Use - Shopping Centers
Warehouses - Marinas - Auto Repair/Mechanic Shops - Gas Stations
* Jumbo Residential Properties
To Evaluate Your Deal Please Provide the Following:
1. Application: Loan Summary or Executive Summary
2. Credit: Provide Credit Report (if available)
3. Collateral Value: Appraisal, BPO, CMA, COMPS (if available)
(additional documentation may be required on a case-by-case basis)
PJ Stapleton (239) 200-0421 PJ@PrivaCap.com
We have local , unadvertised, private party lenders, (not on the Internet), located literally right in your own back yard, per zip code.
These are not traditional "hard money" companies or conventional lenders.You would never find them on the Internet no matter how hard you looked because they don't advertise.
They are private doctors, lawyers, business owners, retirees,etc. sitting on a TON of cash, actively making loans, and looking for good returns on local deals that make sense.
No brokers or middlemen.They do deals one on one, the old fashioned way. Its just you, your good project, and your own personal private "banker"... who can stroke a 5 or 6 figure check for you faster than you can blink.
Click the below secure link to find out more:
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If you are looking for a straight forward no 'black box' required non-owner occupied residential loan, I work with lenders that can either go as low as 500 Fico or straight asset based. We can do Acquisition & Renovation and Cash-out Refinance. No upfront fees. Deal just needs to make sense. Email me for Terms. OffMarketRealEstate@gmail.com
If you are looking for a straight forward no 'black box' required non-owner occupied residential loan or asset based commercial loans, I work with lenders that can either go as low as 500 Fico or straight asset based. We can do Acquisition & Renovation and Cash-out Refinance. No upfront fees. I've been working in real estate, lending and venture capital for 13 years. I have helped finance over $40mm in real estate.
DEAL JUST NEEDS TO MAKE SENSE.
RESIDENTIAL terms range depending on property, location and borrower:
-Residential Asset based to non-prime lending w/min of 500 Fico
-Acquisition/Renovation 4-6 months
-Cash-out Refi 3yr
-10% - 12% rate
- 65% LTV on cash flowing properties (exceptions for great deals).
- 60% LTV on all non cash-flowing properties (raw land may be an exception).
- Min. loan amount $1.5 M, max. loan amount $10 M.
- Terms range from 3 months to 18 months with extension available.
- Can fund with-in a 7 to 14 day period.
- Purchases, refinances, construction, rehab, cash-out, etc
- Asset based
To get specific terms go to our website and fill out a Loan Summary Sheet. wwwProvidentMng.com
or email me OffMarketRealEstate@gmail.com