No upfront fees. $25,000 to $10 billion for commercial real estate. $10,000 to $500,000 for residential investment properties (1-4 units). All 50 States.
New Construction to 70% LTV; Bridge Loans to 70% LTV.
100% CLTV for both residential and commercial properties - 15% interest only for one year; 3-8 points. Nationwide.
Mobile Home Park loans - we have several great capital sources for those.
We also have a 10/100 program: $2 million minimum, borrower puts 10% ($200,000) into an escrow account that the borrower controls. Then you get 100% financing. The $200,000 is prepaid interest and you can earn 3% in the event your loan request is declined!
We also have connections to a capital source that will finance up to 80% LTV on notes: performing, sub-performing, and non-performing residential and commercial.
We work with a hedge fund in So. Cal that buys distressed properties and then sells back to the owners via a debt payoff (DPO).
AM Capital Source also can help you put together a business plan and assist you with finding and vetting lenders - these programs start from $650.
For more information, email us at: info@amcapitalsource.com
Or visit us at: www.amcapitalsource.com
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Andrew,
Please send more information on your porgram dealing with residential purchases. I am an investor buying and selling REO type properties in Central Florida. I would like to discuss your program in more detail. Thank you.
Michael,
Can you please send me a short or blank email to: info@amcapitalsouce.com? I can send you more information.
Please be advised that I am not a licensed mortgage broker, which is needed for SFR/Residential properties so the only thing I can do is hard money loans - 1 to 5 year terms at 10 ~ 15% interest and/or interest only. 3 to 8 points, etc. My real strength and niche are in the commercial real estate arena and also small to medium sized businesses.
If you want to buy massive amounts of REO like pools, I have a lender that will lend on performing, non-performing and sub-performing SFR property pools but the minimum is $2 million and some cash infusion on the borrower will be required.
Thank you and all the best,
Andrew
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