I not only represent a fund, the owner of the fund is a personal friend that has allow me to market and underwrite their program; first this is not a line of credit or an joint venture with a 50/50 split. This nationwide program is a swift solution (3-5 day to fund) for real estate investors with no advance fees to worry about. Thank you, I welcome working with you.
Lending for Real Estate Investors Nationwide (Short Sales, REOs, Auctions)
100% of the Purchase base on a 60% ARV
Property Types: 1-4 family, wholesale purchases, short sales, REO, Multifamily, Mixed Used
Terms: 12 Months Interest Only with No Pre-Pay Penalties
Fico 650, experience will always trump your fico or your financials
Rate 10% to 13%, no monthly payments
No tax returns or Bank Statements requirements
Points 2-3, points that can be rolled inside the loan
Loan amounts: $50,000 to $5M
The loan can be refinance or flipped: No Pre-Pay Penalties
24 hours for an email quote
Contract issue the same or next day
Funding: within 3-5 days
Resume, 1003, Breakdown of the rehab, recent appraisal or BPO or comps