100% LTV up to 70% ARVFast closingsNo junk fees$100k-$5MM6-12 month terms12-14% interest5-6 pointsNo bankruptcies in past 5 yearsNo foreclosures in past 2 yearsNo current mortgage latesAsset…Continue
Is your business at least 2 years old?Does it have $150,000 in annual revenues?Do your tax returns show it is profitable in at least 1 of the last 2 years?Is your FICO at least 620?If you meet these…Continue
I want to let you know about a new program which covers 100% of purchase, fix and finance charges. Here are the parameters:100% FINANCING BASED ON 60% ARV VALUE INTEREST 12-14%- 5 POINTS TO LENDER…Continue
I'm looking for direct lenders who can lend to Native American tribes. There are extra technicalities when doing so so I need someone experienced with them.The tribe I'm working with has a number of…Continue
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Please do NOT reply unless you've read the wrinkles and can deal with them. Only very experienced brokers or direct lenders need respond.
Type: DSCR Refi
Borrower Experience: A lot verifiable
Borrower Credit: 700 ish
1. Has appraisals in the last 6 months with another lender and wants to use them.
2. Little to no cash reserves on last 2 bank statements.
3. Pending judicial foreclosures against borrower…Continue
Do you have enough capital to do all your deals? If not look at the terms on this real estate line of credit and see if the high ltv plus decent hard money terms would make sense for you.
Up to 90% purchase and 95% rehab on flip
Up to 75% land purchase price and 100% build on new construction
75% of ARV
$50k minimum loan per property
Rates typically 8-10%
Points typically 3.5% (may be higher on small deals)
Must have 1…Continue