“I invest in properties that are in foreclosure.
We buy them, improve them and quickly resell them for a profit. In order to do these transactions, we have
to be able to buy the property with access to quick cash. We have it for about 4 – 6 months, and then we
send it back. The money is always carefully managed. It goes from the private investor’s account to the title
company’s account, and back to the private investor from the title company when the property is re-sold.
We pay our private lenders and investors double digit returns. You wouldn’t happen to know anybody who
would be interested in getting involved in getting a double-digit return, would you?”

Contact Wayne @ dabwayno@comcast.net

Views: 198

Reply to This

Replies to This Discussion

Hello Wayne,

Hard Money Loan

Nationwide Funding

The approval process for a hard money loan is usually much more streamlined than with a conventional loan because hard money lenders don’t have to follow strict institutional lending guidelines, and because they look mainly to the collateral as security for repayment rather than the borrower alone. If you are having difficulty obtaining conventional financing, or simply need a loan closed fast with creative and flexible terms, consider hard money.

Although there are many different types of hard money lending programs, the following can be used as general guidelines for determining whether your deal would be appropriate for a hard money lender. Even if your deal doesn’t match exactly to these guidelines, feel free to apply anyway. My hard money team will let you know if your deal makes sense for one of our many hard money lenders:

• Loans are usually up to 65% Loan-to-value (LTV) based off the After-Repaired-Value (ARV);
• 100% of acquisition/construction can be financed no problem;
• Both residential and commercial properties are OK;
• Low credit scores? No income? That’s OK too;
• We welcome foreclosure/bank REO properties;
• Interest only and “no payment” options are available;
• All loans must be for business or investment purposes (sorry, no primary residences at this time);
• We can handle cash-out refinances of land or existing structures;
• If you have any questions about your deal or hard money in general, please feel free to contact me, or you may simply complete the application below and either me or my underwriting team will contact you.

Please visit our website and click on the hard money tab www.ecapitalfund.net

Jeffrey B. Freis Associates, Inc. has an active real estate finance division. Contact me to discuss your Projects.

 
Jeffrey B. Freis, President
Jeffrey B. Freis Associates, Inc.
Tel: 914 967-9235
Fax:914 798-6670
Hi ,   thank you for contacting me.
 
Can you send your info/criteria?
 
I have a deal as follows:    ARV: 165K, Price 90K, repairs: 25K, holding & closing costs: 10K, asking for 130K for 3-4 mths.
 
Wayne
413-210-6926

I can help you with the loan which you seek. Please let me know if you are interested in knowing more about my lending program and criteria okay.

Thank you
Drewe Frederick William
brimestoneloan@aol.com

I offer wide range of financial services to interested customer seeking loan to finance their expenses. My service is due at a very low & minimum rate of 5% to suit your needs. If you need a quick loan get back to me ASAP.

RSS

© 2020   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service