United States only, no exceptions. Funding is available for purchase or cash-out refinance on the following property types:
Non Owner Occupied Single Family Residences (Preferably High End Homes)
Multi Family Buildings
Self Storage Facilities
Mixed Use Properties
Skilled Nursing Facilities
Available loan amounts from $500,000 up to $5,000,000. Higher loan amounts possible for solid, low-LTV transactions.
If you are looking for 100% financing on any transaction other than residential fix & flips, please do not reply or message me.
We look for the following 3 things in every Loan:
1) 65% LTV or 65% Loan to Purchase (maxed out at 80% of the purchase price)
2) Borrower/Property with the ability to Service our interest only debt
3) Clear Exit Strategy from the loan
When you reply or message me, if you would please accurately answer these 9 questions that would help:
1) Size of loan?
2) Type & Address of property?
3) Current as-is Value of property and how is that value being arrived at?
4) Detailed Breakdown of the Uses of the proceeds?
5) Length of loan?
6) Exit strategy?
7) Borrower’s Pricing Expectations (rate & point wise) This is hard money (6% and 1 point will not work)!
8) Besides you…are there any other brokers attached?
9) How much money the borrower has invested or is willing to put into this transaction? (this number cannot be $0)
If you need funding for loan amounts between $500,000 and $5,000,000 please message ADMIN. I am only looking for one thing... Answers to the 9 questions above. No attachments, appraisals, etc, all of that comes later.
Thank you very much for using The Real Estate Finance Website!