Started this discussion. Last reply by Wilson Curtis Jan 18, 2021. 6 Replies 1 Like
I have a client who's selling their private portfolio of 127 homes in Atlanta, for $20m to $21m. The value of the property was just determined last month by Corevest at $24m, also refinanced at 5%. …Continue
Tags: Properties, Portfolio, Private, Sale
Started this discussion. Last reply by Admin Nov 14, 2020. 1 Reply 1 Like
Transactions done this month$3m Power plant in PA, purchase with 12 month IR$28m Hotel in TN, refinance with rates in the 5%$500k church refinance in TN $6m Cannabis deal in OregonSome of these deals…Continue
Carlos Gomez has not received any gifts yet
Good Day,
How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very vital to disclose to you, but I found it difficult to express myself here, since it's a public site.Could you please get back to me on:(mrsstellaabudheir@gmail.com ) for the full details.
Have a nice day
Thanks God bless.
Stella.
Hey Carlos,
I am so sorry that I missed your message!! I originally had joined because I had learned that there is a lender here who's company frauded me and that was before I became a Private Money Lender myself. So, needless to say I wasn't checking for any messages. And, now I find that this space is good for me to be in...ironic
Anyway, the main company I broker for is Cogo Capital and their terms are
Purchase Price 90%*
Rehab 100%*
Purchase Closing Costs 0%
*Total Not to Exceed L.T.V. 65%
Rehab 100%*
Closing Costs 0%
*Total Not to Exceed L.T.V. 65%
If cash out exceeds 10% of loan
amount, max LTV is 50%
Verification of 10% down at
acquisition required.
720+ 5+ 2% 12%
680-719 3-4 3% 13%
620-679 1-2 4% 14%
619 &Under 0 5% 15%
Buy Down of Points and Interest
Additional Cash to Close Points Points
5% -1% -1%
10% -2% -2%
15% -3% -3%
Although, with that said all I need to do is four more deals and I can get 100% across the board. No cash out of anyone's pocket if we partner the deals...I can't wait for that!!
shay@fundingunicorn.com
© 2022 Created by Admin.
Powered by
