Looking for Private Money Lenders for properties in No. CA who will lend based on ARV, not purchase price

[Juan Lopez]

I'm looking for private/hard money lenders for properties in No. CA who will lend based on ARV (after repaired value), not present purchase price. We are purchasing distressed properties up to 70% LTV in great neighborhoods in No. CA. We will have $$ in the transactions as well. If this is you, please forward your terms and contact information, thank you.

Juan Lopez

[phone]

[Jason Hooks]

Mr. Lopez

Private SoCal Investment group will JV/partner with you and cover up to 100% of your costs, to buy-fix-flip CALIFORNIA ONLY residential properties. Will split profits upon resale

Investment range: $100 K to $5 M
CALIFORNIA  ONLY
Maximum Investment to Value: 65% of ARV
Loan Terms:12% annual interest, monthly payments, up to 6 months

 If you have a deal ready for review contact:

Jason Hooks
[e-mail]

Thanks

[Juan Lopez]

Jason,

What are your loan fees?

Juan 

[Asap Hard Money]

Hello Juan,

I arrange private loans through out California. I can do 65 to 70% max on ARV. It will require a future value appraisal. If your interested give me call. 530-544-2611

Pete Jorgensen

Granite Funding Inc.

www.asaphardmoney.com

[Darwin Fielding]

My residential lender really likes CA. Acquisition is based on Acquisition price.  But after renovation will refi based on ARV.  He will also finance 80% of the renovation.

RESIDENTIAL terms range depending on property, location and borrower:
-Residential Asset based to non-prime lending w/min of 500 Fico
-65%-75% LTV
-Acquisition/Renovation 4-6 months
-Cash-out Refi 3yr 
-10% - 12% rate

COMMERCIAL:
- 65% LTV on cash flowing properties (exceptions for great deals). 
- 60% LTV on all non cash-flowing properties (raw land may be an exception). 
- Min. loan amount $1.5 M, max. loan amount $10 M. 
- Terms range from 3 months to 18 months with extension available. 
- Can fund with-in a 7 to 14 day period. 
- Purchases, refinances, construction, rehab, cash-out, etc
- Asset based

Fill out a Loan Summary Sheet. wwwProvidentMng.com

or email me [e-mail]

[Juan Lopez]

I'm looking for lending based on ARV, not acquisition price. Thanks for the inquiry.

Juan

[Darwin Fielding]

Our Acquisition/Renovation program is based on purchase price and scope of work.  Our Cash-Out Refinance program is based on ARV.  Asset based lending.  Just needs to make sense.  www.ProvidentMng.com