Seeking Funding for Single Family Rehab & Wholesaleing project in the Wichita, Kansas area - Real Estate Finance2024-03-29T14:22:21Zhttps://realestatefinance.ning.com/forum/topics/seeking-funding-for-single-family-rehab-wholesaleing-project-in?commentId=6517464%3AComment%3A22714&feed=yes&xn_auth=noI not only represent a fund,…tag:realestatefinance.ning.com,2015-08-20:6517464:Comment:2415982015-08-20T12:22:37.958ZRussell Malloryhttps://realestatefinance.ning.com/profile/RussellMallory
<p><b>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.</b></p>
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<p><b> Lending for Real Estate Investors Nationwide (Short Sales, REOs,…</b></p>
<p><b>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.</b></p>
<p><b> </b></p>
<p><b> Lending for Real Estate Investors Nationwide (Short Sales, REOs, Auctions)</b></p>
<p><b> </b></p>
<ul>
<li><b>100% of the Purchase base on a 60% ARV</b></li>
<li><b>Property Types: 1-4 family, wholesale purchases, short sales, REO, Multifamily, Mixed Used</b></li>
<li><b>Terms: 12 Months Interest Only with No Pre-Pay Penalties</b></li>
<li><b>Fico 650, <u>experience</u> will always trump your fico or your financials</b></li>
<li><b>Rate 10% to 13%, no monthly payments</b></li>
<li><b>No tax returns or Bank Statements requirements</b></li>
<li><b>Points 2-3, points that can be rolled inside the loan</b></li>
<li><b>Loan amounts: $50,000 to $5M</b></li>
<li><b>The loan can be refinance or flipped: No Pre-Pay Penalties</b></li>
<li><b>24 hours for an email quote</b></li>
<li><b>Commitment letter for your seller, better than a POF</b></li>
<li><b>Contract issue the same or next day</b></li>
<li><b>Funding: within 3-5 days</b></li>
</ul>
<p> </p>
<p>Resume, 1003, Breakdown of the rehab, recent appraisal or BPO or comps</p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p> </p>
<p>Have a Powerful Day</p>
<p>George R. Mallory,</p>
<p>VP of Finance, Underwriter</p>
<p><b>Mobile</b>: 917-653-5215</p>
<p><b>Fax</b>: <u>917-591-4601</u></p>
<p><b>Email</b>: <a href="mailto:russellmallory178@gmail.com">russellmallory178@gmail.com</a></p> Hello Mr Hoover
I'm in Texas,…tag:realestatefinance.ning.com,2012-10-10:6517464:Comment:228902012-10-10T15:58:45.374ZStephen Mitchellhttps://realestatefinance.ning.com/profile/StephenMitchell
<p>Hello Mr Hoover</p>
<p>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</p>
<div align="justify"><strong>Non-Owner Occupied Rental Property Acquisition Loan</strong>:</div>
<p>- Acquisition of a Single Family, Duplex, Triplex or Quad<br></br> - Property MUST be titled in corporate name<br></br> - $50k up to $500k<br></br> - LTV up to 70%<br></br> - Rates…</p>
<p>Hello Mr Hoover</p>
<p>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</p>
<div align="justify"><strong>Non-Owner Occupied Rental Property Acquisition Loan</strong>:</div>
<p>- Acquisition of a Single Family, Duplex, Triplex or Quad<br/> - Property MUST be titled in corporate name<br/> - $50k up to $500k<br/> - LTV up to 70%<br/> - Rates typically 9.50% – 9.75%<br/> - Fixed 2, 3, & 5 year terms<br/> - 25 year amortization<br/> - Lender will fund with credit scores as low as 600<br/> - Is not a “fix and rent” loan or “refinance loan”</p>
<div align="justify"><strong>Cash Out Refi of Non-Owner Occupied Rental Property</strong>:</div>
<p>- Two year seasoning<br/> - Property MUST be titled in corporate name<br/> - $50k up to $500k<br/> - LTV up to 70% based on appraisal<br/> - Rates typically 9.50% – 9.75%<br/> - Fixed 2, 3, & 5 year terms<br/> - 25 year amortization<br/> - Lender will fund with credit scores as low as 600</p> Hi Bryan,
I am located in Ka…tag:realestatefinance.ning.com,2012-10-08:6517464:Comment:227142012-10-08T20:00:26.618ZDiane Charleshttps://realestatefinance.ning.com/profile/DianeCharles
<p></p>
<p>Hi Bryan,</p>
<p>I am located in Kansas City and have access to private lenders. They require experience, good financials, and 0-20% skin in the game.</p>
<p>Please contact me at diane@mosheassociates.com,</p>
<p>Diane Charles</p>
<p><a href="http://www.mosheassociatesfundinggroup.com" target="_blank">www.mosheassociatesfundinggroup.com</a> </p>
<p></p>
<p>Hi Bryan,</p>
<p>I am located in Kansas City and have access to private lenders. They require experience, good financials, and 0-20% skin in the game.</p>
<p>Please contact me at diane@mosheassociates.com,</p>
<p>Diane Charles</p>
<p><a href="http://www.mosheassociatesfundinggroup.com" target="_blank">www.mosheassociatesfundinggroup.com</a> </p>