Hello, fellow Florida rehabbers, flippers, and buy and hold strategist! I am a Private sorce of funds and I do work through a broker/ lender of my choosing. If you need funding for you residential, non-owner occupied deal then send me a email and we can talk. Looking to fund as many people as have good deals! General terms as follows:
65% of Purchase price for aquisition, or 50% for refi
6pts to broker/ lender(can be wrapped into loan), 2pts and $500 for servicing fees to me
Interets rates from 12-18%
6 mo to 10yr loans
NO PREPAYMENT PENALTY!
Very flexible and wiling to work with borrowers! Contact me ASAP and we will discuss what it is you have available! Will consider out of state funding but must be evaluated extensively!
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