short term financing needed - Real Estate Finance2024-03-28T12:54:29Zhttps://realestatefinance.ning.com/forum/topics/short-term-financing-needed?commentId=6517464%3AComment%3A297193&feed=yes&xn_auth=noFrank if you ever need us, pl…tag:realestatefinance.ning.com,2017-04-11:6517464:Comment:2971932017-04-11T00:56:52.605ZGeorge Malloryhttps://realestatefinance.ning.com/profile/GeorgeMallory897
<p>Frank if you ever need us, please review our offer, thanks.</p>
<p></p>
<p align="center" class="font8">100% For the Purchase 100% Rehab</p>
<p align="center" class="font9"> Rehab Mortgages ALL 50 STATES</p>
<p align="center" class="font9"> </p>
<p align="center" class="font9">PROPERTY TYPE:</p>
<p align="center" class="font9">Investor loans on 1 - 4 Family small apartment buildings.</p>
<p align="center" class="font9"></p>
<p align="center" class="font9">LIEN POSITION: First mortgage…</p>
<p>Frank if you ever need us, please review our offer, thanks.</p>
<p></p>
<p class="font8" align="center">100% For the Purchase 100% Rehab</p>
<p class="font9" align="center"> Rehab Mortgages ALL 50 STATES</p>
<p class="font9" align="center"> </p>
<p class="font9" align="center">PROPERTY TYPE:</p>
<p class="font9" align="center">Investor loans on 1 - 4 Family small apartment buildings.</p>
<p class="font9" align="center"></p>
<p class="font9" align="center">LIEN POSITION: First mortgage only. </p>
<p class="font9" align="center"></p>
<p class="font9" align="center">STANDARD TERM:</p>
<p class="font9" align="center">6 months with monthly extensions up to 12 months.</p>
<p class="font9" align="center"> </p>
<p class="font9" align="center">ADVANCE RATE:</p>
<p class="font9" align="center">Up to 100% of the purchase and rehab, subject to: (i) a minimum borrower funded reserve of 12.5% of the loan amount and prepaid interest for six months, and (ii) up to a maximum LTV of 65% of the After-Repaired-Value of the property.</p>
<p class="font9" align="center"> </p>
<p class="font9" align="center">RENOVATION FUNDS:</p>
<p class="font9" align="center">Renovation in three draws, and wired directly to your account. Rehab portion of the loan typically not to exceed 100% of acquisition cost.</p>
<p class="font9" align="center"> </p>
<p class="font9" align="center">GUARANTEE: Personal guarantee required.</p>
<p class="font9" align="center"></p>
<p class="font9" align="center">QUALIFYING DOCUMENTS:</p>
<p class="font9" align="center">Investor Assessment Form</p>
<p class="font9" align="center"></p>
<p class="font9" align="center">LOAN DOCUMENTATION:<br/> (For Each Loan)</p>
<p class="font9" align="center"></p>
<p class="font9" align="center">Purchase Agreement</p>
<p class="font9" align="center"></p>
<p class="font9" align="center">Summary of Rehab Work to be Completed</p>
<p class="font9" align="center"></p>
<p class="font9" align="center">After-Repair-Value Appraisal (Obtained by Stanford)</p>
<p class="font9" align="center">Title Policy (Obtained by Stanford)<br/> <br/> Stanford Deal Submission Form<br/> <br/> Pictures of Rehab Property<br/> <br/> Home Inspection<br/> <br/> 3 months of Bank Statements<br/> <br/> 2 years of Tax Returns<br/> <br/> 3 Most Recent Pay stubs<br/> <br/> Signed 4506-T</p>
<p class="font9" align="center"> </p>
<p class="font9" align="center"> </p>
<p class="font9" align="center"> </p>
<p>Have a Powerful Day</p>
<p>George R. Mallory, VP of Finance</p>
<p>Direct: <a target="_blank">917-653-5215</a></p>
<p>Fax: <a target="_blank">917-210-2968</a></p>
<p>Email: <a href="mailto:georgeM@stanfordestatecapital.com" target="_blank">georgeM@stanfordestatecapital.com</a></p>
<p>Website: <a href="https://www.stanfordestatecapital.com/" target="_blank">https://www.stanfordestatecapital.com/</a></p>
<p>27 North Wacker Drive Suite 1121 Chicago IL 60606</p>
<p>Conference Line: <a target="_blank">712-432-0360</a> Code: 1078921#</p> The solution is to deal direc…tag:realestatefinance.ning.com,2012-10-10:6517464:Comment:228822012-10-10T14:37:24.309ZCalvin Butlerhttps://realestatefinance.ning.com/profile/CalvinButler
<p>The solution is to deal directly with established respected stateside lenders. We've never had a problem with our lender network, because they are legitimate lenders. Feel free to access them at this link <a rel="nofollow" target="_blank" href="http://www.c-loans.com/r.cgi?r=000574"><img src="http://www.blackburne.com/images/applyanimation.gif"/></a></p>
<p>The solution is to deal directly with established respected stateside lenders. We've never had a problem with our lender network, because they are legitimate lenders. Feel free to access them at this link <a rel="nofollow" target="_blank" href="http://www.c-loans.com/r.cgi?r=000574"><img src="http://www.blackburne.com/images/applyanimation.gif"/></a></p>