Is your money in your saving account giving you a return of 7% right now? Chances are it's not and the stock market isn't going to provide you that return either.
I am looking for a real estate estate secured loan of $110,000 for a term of 15 years (120 months) at 7% with automatic payments set up. No pre-paid penalty for paying off early my goal would be to payoff in full within 24-36 months. I would continue to pay property taxes and homeowner insurance.
The property that I would use for collateral is valued currently from $65k to $95k. Please contact me your thoughts, no scammers, no upfront fees, I'm not dying or desperate just putting it out into the universal and see if there is an opportunity for me to make this happen.
Thank you for taking the time and reading this post. Contact me at jawcreatewealth@gmail.com
"Serious Inquiries Only"
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Jay if you are still in the market we might be able to help, please review our offer, thanks.
100% For the Purchase 100% Rehab
Rehab Mortgages ALL 50 STATES
PROPERTY TYPE:
Investor loans on 1 - 4 Family small apartment buildings.
LIEN POSITION: First mortgage only.
STANDARD TERM:
6 months with monthly extensions up to 12 months.
ADVANCE RATE:
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.
RENOVATION FUNDS:
Renovation in three draws, and wired directly to your account. Rehab portion of the loan typically not to exceed 100% of acquisition cost.
GUARANTEE: Personal guarantee required.
QUALIFYING DOCUMENTS:
Investor Assessment Form
LOAN DOCUMENTATION:
(For Each Loan)
Purchase Agreement
Summary of Rehab Work to be Completed
After-Repair-Value Appraisal (Obtained by Stanford)
Title Policy (Obtained by Stanford)
Stanford Deal Submission Form
Pictures of Rehab Property
Home Inspection
3 months of Bank Statements
2 years of Tax Returns
3 Most Recent Pay stubs
Signed 4506-T
Have a Powerful Day
George R. Mallory, VP of Finance
Direct: 917-653-5215
Fax: 917-210-2968
Email: georgeM@stanfordestatecapital.com
Website: https://www.stanfordestatecapital.com/
27 North Wacker Drive Suite 1121 Chicago IL 60606
Conference Line: 712-432-0360 Code: 1078921#
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