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Hard Money

Do you have hard money funding to offer? Do you have an investment property that requires the flexible, quick financing we all know as hard money?

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Fix@ Flip Loans, no min credit score, no appraisal required. We can close within 48 hours

Started by Tammy Boruk 12 hours ago. 0 Replies

Fix and Flip loans -the easiest program in the country!Receive your term sheet today (within 24 hours).Fix& Flip program 1Program highlights:Loan Amounts: $100K - $2MPayment: Interest OnlyLTC: Up…Continue

NON RECOURSE CONSTRUCTION LOANS AND COMMERCIAL MORTGAGES NATIONWIDE

Started by Richard Milford on Tuesday. 0 Replies

NON RECOURSE CONSTRUCTION LOANS AND COMMERCIAL MORTGAGES NATIONWIDE SINGLE RENTAL PROPERTY LOANIndividual rental properties  -  Single-family, 2-4 units, town homes. -  Currently (or soon) leased  - …Continue

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NON RECOURSE CONSTRUCTION LOANS AND COMMERCIAL MORTGAGES NATIONWIDE

Started by Richard Milford Aug 3. 0 Replies

 NON RECOURSE CONSTRUCTION LOANS AND COMMERCIAL MORTGAGES NATIONWIDE SINGLE RENTAL PROPERTY LOANIndividual rental properties  -  Single-family, 2-4 units, townhomes. -  Currently (or soon) leased  - …Continue

Tags: mortgages, commercial

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Comment by Troy Jeanmard on September 3, 2013 at 10:44am

I noticed an ad from Stallion Funding in Austin, TX and I'd like to comment about my experience with the company. Dealing with them was probably the worst experience I've had in the 10+ years I've been in the business. I lost over $8K cold hard cash and more in legal fees to get it back. After taking several months to underwrite the loan, we could not even get these guys on the phone the day of closing. With 3 partners, all with 700+ credit, a track record of success in multifamily, 12% Dn Pymt, and 60% LTV, and an Approval Commitment from Stallion, these guys killed the deal because they waited until 3 days before closing to inspect the property and then stated a difference of opinion in the construction cost. Keep in mind this is several months after we submitted our package and paid their fees. All they had to do was decline the loan before our EM went hard, instead they allowed us to put down even more EM to keep the deal alive all the while ensuring us that our approval commitment was solid. These guys are unprofessional to say the least and now have me questioning every lender in which I work. Because of Stallion Funding, I have a completely different approach to lenders and I don't trust any of them. These guys even had me questioning whether I wanted to continue has a developer. If I can't trust MY lender to fund when I have an approval and all my ducks in a row, then what kind of future do I have in this business. They left a really bad taste in my mouth and I will never negotiate terms with a lender without my New York attorney involved. The approval commitments are one sided, HM lenders are not regulated and we borrowers absolutely MUST have language inserted into these commitments that protect us. If your lender won't allow it, walk away. Only a fee hustler has a problem with playing fair! To this day, I still don't have a single shred of proof that these guys even had the ability to fund my loan yet I endured a full UW assessment and passed. Going forward, lenders will have to show me Proof of Funds or I won't waste a single minute of my time.

Comment by Israel Castillo on September 3, 2013 at 7:12am

Mr. Sampson,

Thank you for the kind words regarding Visio Lending. We certainly strive to operate with integrity and simplicity.

Comment by Jeffrey Sampson on August 31, 2013 at 10:09am

I have done business with Visio and can only say good things about them while their down payments are pretty high and can make things tight they will work with you if you have problems or need advice they are their for their customers without any doubt, as for any other lenders and so called lenders i cannot say what i can say so far i have had several lenders or people claiming to be lenders always have an excuse or reason why they cannot or will not lend on a property i have even been under 50% AND have tons of skin in the game just to hear lame excuses!

Comment by Candice Campbell on August 30, 2013 at 11:58am
Lending Parameters
 
LOAN AMOUNTS
$1 Million - $20 Million
 
LOAN-TO-VALUE
Up to 65%
 
INTEREST RATES
8% - 12%
 
CLOSING TIME
1-2 weeks
 
TERM
1-3 years
 
COLLATERAL
All types of real estate considered
 
No Prepayment Penalties
Email me : Candicmpb@aol.com 
Comment by Jackie Butterworth on August 30, 2013 at 6:56am

Business Seeking funding for $1.7M.  Company owns the waterfront property and building a seafood restaurant adjacent to a marina.  Contact for more information.

Comment by Arthur LaGuette on August 27, 2013 at 1:37pm

Stallion Funding, LLC established in Austin, TX since 2007 is a Hard Money / Bridge Lending... Fast Closings for Texas Real Estate in Commercial, Retail, Multifamily and residential rehab-construction.  Loans are for 12 months interest only at competitive rates.

We offer high yield real estate investments, our investors earn 10% net per year and we offer Self Directed IRA's and Roth IRA's for qualified funds.

Contact: Arthur LaGuette, direct at 512-716-1170 or mobile: 512-939-6793

Email: Arthur@stallionfunding.com  Website: www.stallionfunding.com

13740 Research Blvd. Building J, Suite 7, Austin, TX 78750  Fax: 512-219-5559

Comment by Jeffrey Silver on August 21, 2013 at 7:05am


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 Jeff Silver at (201) 342-8500.
or visit our web site at www.kennedyfunding.com
                                              Jeffsilver@Kennedyfunding.com

Comment by Ted Esquibel on August 21, 2013 at 5:59am

No doc cash out refinances available now. 

  • 20K minimum loan amount
  • 50K maximum loan amount
  • 50% loan to value
  • Appraisal costs vary per state.  Contact your representative for a quote
  • Close at your title company or attorney’s office
  • No pre-pay penalty
  • 5 year fully amortized loan with escrows

Call or email for rates and fees.

States where our loan product is available:

AL, AK, AZ, AK, CA, CT, DE, FL, GA, IL, IN, KY, LA, MD, MO, MS, MI, MT, NH, ND, NM, NY, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WY.

States where our loan product is NOT available:

CO, HI, ID, IA, KS, ME, MA, MN, NE, NV, NC, SC, SD, WI, AR.

Thanks,

Ted Esquibel –Account Executive
o: 512-334-1481 | c: 512-203-6230 | f: 512-519-4328

1905 Kramer Lane, Ste B-700 Austin, TX 78758 | www.visiolending.com

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Comment by Candice Campbell on August 21, 2013 at 1:16am

The fix & flip program is designed for the residential real estate investor. This program will provide the funds for the purchase and the rehab of your investment property 1 - 4 units. The basic terms are as follows:

No minimum down payment
No credit requirements
65% ARV loans up to 80%+ funding
1-4 unit rehabs (we will lend on larger rehabs case by case)
3-12 months term
$20k - $250k (larger case by case)
12-15% interest only
Points - 5-10% (min fee applies on smaller loans)
Quick Closings!
Email: CANDICMPB@AOL.COM Subject line: FIX N FLIP

We are NATIONWIDE!

Comment by Ken and Ari Walker on August 12, 2013 at 11:33am

I am licensed for private money loans in California only and do offer Owner Occupied or Principal Residence financing, which many Lenders do not unfortunately.  I'm still looking for owner occupied financing available throughout the United States other than Texas. 

Please do call my office at (707) 523-2099 if you are a Lender/Broker who offers private money/hard money loan type financing for owner occupied properties in states throughout the U.S.A. 

Thanks!  (And I'm not interested in referral fees, just wanting to help Buyers out who call us for a loan and we can't help. Don't like turning people away without a good referral to help them along.)

Best, Forest

Owner/Broker - The Guy in the White Hat

 

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