We prefer that you have experience, but we will review on a case-by-case basis.Min. 650 FICOMax LTC - $500kMust have a minimum of 50% of the Rehab Budget in Cash Reserves13.5% I/O for 6 months4.25%…Continue
If you are a W2 Employee making at least $30k per year and a 660+ FICO, then please see below:$20,000-$400,000+. The cash may be used for any purpose, business or personal. There is no lien placed on…Continue
The amount you qualify for is 5x your actual liquidity (cash, free/clear real estate, stocks/bonds, etc....). Once approved for the LOC, each fix/flip transaction is credited against the…Continue
Hello,We can offer this joint-venture service for honest, legitimate and capable clients who need to show POF to go to contract, or whatever legitimate need there is for a project.Pricing is based on…Continue
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Obviously, experienced and well capitalized sponsors are our target. "Prefer" fully entitled sites, but not mandatory.
We can fund individual homes and/or Small/Large Subdivisions.
We can also fund New Construction for Commercial Assets as well.
Do you have a project where you need to show "Proof of Funds"? If so, we can help.
There is no maximum amount. We can and have capability of showing Proof of Funds into the $100's of Millions.
Please email us at Info@SimsCapital.biz
I represent over 50 national lenders who provide Private Money for a VARIETY of needs. It would be too much content for this small page.
Please EMAIL me with your Loan Scenario, and I'll review and tell you if it's something that I can provide funding solutions for:)
Brand New Lending Program:
Purchase investment property; Rehab Investment Property; Refinance into a fixed-rate, 30-year term/30-year amortization
We can do 80% Loan-to-Cost, 13% I/O, 13 months, 5 Points on the Purchase and Rehab, minimum 620-630 FICO