Looking for lenders for property rehabilitation Arizona

I have projects to rehab and need lenders for purchase and rehab in the Phoenix area. Prefer to partner with an investor and split the profits. I have a great track record and come with a letter of recommendations from the City of Palm Desert, CA. I have never lost a dime for any of my investors. I am ready to roll and need immediate fast funding.

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Permalink Reply by Daniella Goldstein on March 7, 2015 at 1:03am

Darryl, we are just rebuilding our credit and it would not work for us. Thank you though!

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Permalink Reply by Ben Stoodley on March 6, 2015 at 2:27pm

Hi Daniella,

Please shoot me an email with property details, I work with a few investors that may be interested in joining forces. Also, here are my financing terms if you'd like to consider a loan....

I appreciate your message with interest in our Private/Hard Money Loan products. We offer Fix n Flip, Construction, Refinance, Bridge Loans and all other real estate backed loans. We lend in California, Nevada, Texas and Arizona. I've highlighted the key terms below. If interested, all we'll need is a Loan Application with Borrower's Authorization allowing for credit check.

9.99% ~ 12% Interest
Up to 65% ARV (Up to 80% LTC + ALL Rehab Costs)
2-4 Points
6-24 Month Term
Funding Within 3 Days
No Appraisal Required
$50K-$5MM Loan Amounts
Same Day Approval
No Prepayment Penalty
No Upfront/Junk Fees
Non-Consumer Loans Only (NOO)
1st Position Loans Only

To start the loan approval process, please begin by forwarding the following information:

Step 1

Property Address
Purchase Price
Rehab Estimate
ARV
Property Pictures

In return I can provide the quote/LOI usually within 1 hour. For any approved and accepted loan, we will need borrower's following info:

Step 2

Scope of Work with Budget and/or Contractor's Estimate
Escrow Info
Loan Application*
Borrower's Authorization (or recent credit report)*
LLC/Corp Docs (EIN, Articles, Operating Agreement/By Laws)*

*This Step only required for first time borrowers

From there, my TC will contact Escrow and begin the process of drawing up loan docs. You will be copied on the emails. This entire process generally takes about 2-3 days.

Thanks again and I look forward to working with you.

Best,

Ben Stoodley

Direct Private Money Lender

Phone: (619) 777-8790

Email: ben@lantzmanlending.com

Apply Online: www.lantzmanlending.com/apply/