Seeking Funding for Single Family Rehab & Wholesaleing project in the Wichita, Kansas area

Hello,

We are Spirit HomeBuyers LLC in Wichita Kansas.  We are seeking private and hard money lenders for funding of single family rehab & wholesale projects in the Wichita Kansas area.  You can contact us at bryan@SpiritHomeBuyers.com

Thank you,

Bryan Hoover

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Hi Bryan,

I am located in Kansas City and have access to private lenders.  They require experience, good financials,  and 0-20% skin in the game.

Please contact me at diane@mosheassociates.com,

Diane Charles

www.mosheassociatesfundinggroup.com 

Hello Mr Hoover

I'm in Texas, but I work with a nationwide lender that funds residential and commercial properties. Below are the guidelines, if this interest you please contact me at stephen.l.mitchell@gmail.com

Non-Owner Occupied Rental Property Acquisition Loan:

- Acquisition of a Single Family, Duplex, Triplex or Quad
- Property MUST be titled in corporate name
- $50k up to $500k
- LTV up to 70%
- Rates typically 9.50% – 9.75%
- Fixed 2, 3, & 5 year terms
- 25 year amortization
- Lender will fund with credit scores as low as 600
- Is not a “fix and rent” loan or “refinance loan”

Cash Out Refi of Non-Owner Occupied Rental Property:

- Two year seasoning
- Property MUST be titled in corporate name
- $50k up to $500k
- LTV up to 70% based on appraisal
- Rates typically 9.50% – 9.75%
- Fixed 2, 3, & 5 year terms
- 25 year amortization
- Lender will fund with credit scores as low as 600

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, 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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