We are looking for funding of hard money loans for various borrowers who are borrowing against non-owner occupied properties. Use of funds is usually rehab, but doesn't have to be. LTV is always low. All borrowers are in southern california. For more information please contact me.
thank you for your inquiry. What we do is have borrowers that we find through brokers and other sources that need funding. When we find a "funder" we alert the broker that we will finance the deal. The borrower signs the note and the deed of trust which secures that note. Our attorney then uses that note as security (hypothecation) and creates a new note and trust deed between us and the funder. We borrow money from the funder and at a slightly lower rate and send that into escrow for the borrower who pays a slightly higher rate. We have a service company who sends the funder their monthly interest check and at the end of the loan term they get their principle back.
That is basically how it works. Money goes through us and we take care of everything and every problem that may come up. The investor (funder) does nothing. If the borrower fails to make payments or whatever the investor always gets his monthly interest check. He never contacts the borrower. The investor has his money ultimately secured by real estate. This is also called a collateralized loan. We offer 8% payout on money we borrow. We keep the spread from this and the original borrower. A service company (not us) takes care of making all payments and keeping records for tax purposes. I can explain more if you are interested.
Hi Steven, my company assist real estate investors in obtaining capital. Below is information regarding our services. Please email me at firstname.lastname@example.org if you could use us. Heather Marquez
Up to $200,000 in 7-10 Business Days
No income documentation required
No employment verification
No home or assets required
We have “Equifax Only” funding Option
2-3 Day Express Funding using Equifax Only
No business plan necessary
QUALIFICATIONS FOR FUNDING:
700+ Credit Scores
Revolving balances below 60% of credit limit
At least 4 “open” & “seasoned” primary tradelines
No more than 4 inquiries per bureau last 90 days
No prior BK, foreclosure, repossession, judgment
NO Upfront Fees
NO Application Fees
Backend Success Fee of 8%!
AN ALTERNATIVE TO CONVENTIONAL BANK LOANS
Thank you for your interest in Kennedy Funding, Inc., one of the largest private commercial lenders in the country. We specialize in short term real estate secured loans for many situations, including bridge funding, land acquisition, development and construction, bank workouts, foreclosures and bankruptcies.
At Kennedy Funding, we recognize the importance of speed, and that loans must often be structured around each client’s unique set of financial circumstances. Our program has been providing lightning-fast service and creative funding solutions throughout North America since 1985, and with our international lending program, we have closed loans in Spain, Fiji, Belize, Mexico, St. Croix, and St. Maarten!
KFI’S LENDING CRITERIA
Loans from $1,000,000 to $50 Million: Domestic and International!
Loan Term: One to five years. No prepayment penalty.
Collateral: Typically commercial real estate. Other fixed assets may be considered in some cases.
Loan-to-value Ratio: Loan amounts of up to 60% of the value of the collateral.
If the loan is used for construction or renovation, the loan can be funded in stages up to 50% of the improved value.
Interest Rate: Depending upon collateral, rates start at 9%, interest only. In lieu of equity, a Fee of 0-10% may be paid. Rates for international transactions are generally higher than domestic loans.
Minimum Loan Size: $1,000,000 nationwide, and $3 million internationally.
Immediate Response • Flexible Loan Structures
7-10 Day Closings • Brokers Protected
For more information, please contact Jeffrey Silver at (201) 342-8500.
or visit our web site at www.kennedyfunding.com
Our company Fox Property Solutions, Inc. is direct to a hard money lender that offers extremely quick financing for commercial real estate projects nationwide. Please send me some more information on your projects.
My email is email@example.com
I work for Rodeo Capital in Los Angeles. We are a Direct Hard Money Lender. We are always looking to establish relationships with people who can bring us Good Quality Hard Money Loans to fund. Feel free to check out our recent fundings page on our website:
Please feel free to contact me at either firstname.lastname@example.org or on SKYPE at Marc Rabkin to discuss how we can work together.
Director of Business Development
SKYPE: Marc Rabkin
CA DRE# 01910203
Mr Steven OMalley
We actively invest and provide short, medium and long-term finance facilities to corporate and private borrowers globally who are able to clearly demonstrate viability and status. We boast extensive financial resources from our own and managed private funds and are therefore able to provide facilities specifically structured to generate far reaching financial solutions designed to stimulate business growth and maximize profitability.
If you are a professional intermediary advisor Loan Brokers, Mortgage Brokers, Independent Financial Advisers, Insolvency Practitioners, Solicitors, Accountants, Lettings Agents, Estate Agents, Sole Traders or anyone else providing financial services and you have clients that would benefit from what our company offers we would like to hear from you.
let me know if you work with priv lenders.
My general Terms:
* 10 % to 12% Interest
* Starting at 2.0 points to us if you have Mortgage Broker License; you add your points to that; NOT TO EXCEED 6% TOTAL.
* 50% to 65% loan to value; no upfront fee;
* 1-2 Year Term; Interest Only;
* Doc. Prep Fee, $500.00: Wire Fee: $40.00
* Borrower pays all closing costs.
* Will go out of State for $1,000,000.00 minimum. (West Coast).
* No Vacant land, No Consumer Loans.
* Out of South CA- $500,000.00 minimum. (I.e., the rest of the State).
Private Money Lender,
11040 Santa Monica Blvd., #400
Hard Money Mike 443-838-9563
up to 80% Investment, 65% Cashout, 80% Commercial, 50% Land Dev.
South FT. Myers FL. Since 1971. fishermike50@gmail
all 50 states. JUST LIVING THE DREAM!
We have programs specifically in Southern California with loans from $200K and up. Please contact me with more information .
All the best,
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