Anyone know any private lenders?

[Mitchell L]

I am looking to purchase some real estate properties as investments and am seeking a private investor to loan money on interest. Would be seeking around 60-80K to start as I would be putting at least 20% down.

Looking for someone who charges NO Upfront fees, points and any other application fees. You can have the first lien on the property I am purchasing or use one of my current properties as collateral. I am looking to stay UNDER 10% so please only contact me if you can offer under that.

I currently own several condos free and clear and am a licensed real estate agent and work with many investors and very familiar with the current state of the industry. I have superb credit and references.

Please contact me if you or anyone you know may assist me. These properties are located in Browsed County,FL.

[e-mail]

[Russell Mallory]

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

 

 

 

 

 

Have a Powerful Day

George R. Mallory,

VP of Finance, Underwriter

Mobile: [phone]

Fax: [phone]

Email: [e-mail]