Hi All
Looking for lender who will fund 100% of a fix and flip project for my Team.
Specifically looking for:
70-75 % LTV of the ARV of a project with 100% of acquisition funding
Rehab funding to be disbursed in 1/3 1/3/ 1/3 ratio
Criteria based solely on property not financials
Terms for 6 month loan interest only with points paid on the "back side of loan"
Know this sounds tough but this is how I did 10 flips in the past but my "Broker" has left the area.
Thanks,
Larry Foster
Note Management Co LLC
Email: 1note.management.co@gmail.com