Beverly Hills - Seeking Residential Financing $2.5M and Construction Financing - ARV $5.5M

[Nic]

Single Family Residence(SFR) property located in Beverly Hills,CA 90210 - acquired 1 year ago. $500K spent on prepping site.

1.Seeking Replacement financing for $2.5M first and second. operational/construction funding for 12-18 months. Fast Close.

2. Also Construction Financing - $1.5M - 12-18 months 

3. Property Appraised ARV $5.5M in May 2015

4. All Plans completed and property ready to submit for permits to LADBS within 1 week.

5. Need Direct lenders with Lending on ARV. upto 75%. 

6. Funds are to build 6,000 SF Estate in the best part of Beverly Hills.  

7. Another $3.0M Construction Financing in 12 months will be required for another residential project. (Total ARV - $8M)

 

[Ken and Ari Walker]

Hello Nic, 

Thanks for the details.  Unfortunately I do not do ARV type loans but I can give you a good referral who does Rehab and ARV type loans: Matthew Yu of Socotra Capital, located in Sacramento.  Phone # is 916-912-4689 and 916-617-2220. 

Best of luck to you, 

Forest - The Guy in the White Hat

Sun Pacific Mortgage & Real Estate

Hard Money Broker Serving all of CA Since 1988!

[Lorie Dotson]

William J Sheppard is operating a scam. Rapid Loans, LLC, William J Sheppard and Howard Lambert is one of many names and companies that are being used. This group says they are a private lender. They approve you with very little docs. They then tell you that you need to send an Origination Fee. In my case it was $1250 before the loan can fund. They have you send the money to a random persons account (someone else they are scamming). When it comes time for the loan to fund, they say another fee is needed. In my case this was $2892 for insurance which again was sent to an account which was not in the company name. Yes, I know I was naive. They promise this is the only other fee. I was strapped at the time so I paid it. Again, come time for the loan to fund the 2nd time and they say another fee is needed. In my case it was a VAT fee for $4252. I refused to pay it and asked for a refund per the contract. since, they have given me the run around about getting my refund. I have extensive info on connected companies and names. I have spoken with the lady who's account I transferred too. She is a widow on a fixed income and he told her she was getting a loan too. Other company names used: PMP Direct Lending, Wright Place Loan Firm, Michael Hunter Ltd, Garret Clif Investment, CAHPS, LLC, WJS Capital Management, and Frank Eugene LLC (there are about 25 more with less relevance. Other names used: Charles Wright,  Tony Looney, Adam Sandal, Michael Hunter, David P France, William J Sheppard, Paz Reibman, John Cronin, Frank Eugene, Marleny Roman, and Regina Oresjovich (there are also others with less relevance). I have been in contact with many who have been scammed by the same group. I am still building my list. I also have over 300 pages of evidence. I have filed a complaint with the BBB because the banks used stated this was required. My lawyer is also in the process of putting a formal complaint together. This should be filed Monday. The police stated this is Business Fraud, Loan Fraud, Wire Fraud and Scamming. I also have a breech of contract.

[shawn]

Hello Nic

Thanks for detailed information.  I am a direct lender in the California area.  We only do deals in California looking at your loan request this fit our criteria.  we can lend 70% to 75% on the ARV or 80% on the LTC (loan to cost). If you have all your necessary docs we can close this deal in 10 to 15 business days Guaranteed 

Please call 314-323-2315

email [e-mail]

[John Broussard]

Our Investor will do up to 75% LTC up to 20,000,000 in CA, NV and AZ. Terms up to 36 months. I am a broker so if you are having trouble locating financing you can contact me if you are interested.

John Broussard

Newbridge Investments

832-429-4389

[e-mail]

[Logan Drew]

Hi Nic:

Did you get this one funded?

Thanks,

Logan Drew/ Housing Financial/ 949-609-9499/ [e-mail]

[Robert Jonathan Bouyd]

Hello,

a private funding group will review the details of your request.

JR,

[e-mail]

[Blair Watkins]

[Blair Watkins]

Nic, 

Please give me a call at your earliest convenience. I would love to discuss this project as well as any others that you may have. I'm a private finance/hard money lender based out of Los Angeles and can close in less than one week with the most competitive rates in the business. 9196308001

Thank you,

Blair

[David Lipp]

Attention!!!

I hope you are enjoying your week? Lets get back to financing and closing more deals now!

Just funded a $146,000 renovation loan in Pasadena, California. If you are in need of rehab funds, Fix and flip, personal loans, capital start up loans, consolidation loans, bridge loans, farm loans, real estate loans, I will go up to 70% of completed value. Fast funding, as little as 7 to 10 days, At Joe private lending we offer a national wide lending.

If you are interested in closing a deal in the next 6-10 days do not hesitate to make contact via email on [e-mail] or call, text or leave a voicemail on [phone] and will would respond with more information.

Only serious people please!!! No time wasters!!! We are helping clients nationwide to achieve their financing needs!

Thank you

Sincerely,
David Lipp
Tel#: [phone]

[David P. France]

I'm prepared to fund your deal High Approval Rates And Flexible Repayment Plans Are Our Specialty; We Also Provide Credit Card Processing. We Provide Businesses With The Best In Transaction Processing Services. Our Competitive Pricing, Around-The-Clock 24/7 Customer & Technical Support, And Innovative Technology Sets The Industry Standard. Contact Me Directly At [e-mail](Mailto: [e-mail]) And I Will Respond Immediately With Loan Terms And Application To Start Processing Your Loan Request.

DAVID P. FRANCE
DIRECT LENDER REAL-ESTATE INVESTOR
DAVID P. FRANCELLC
Cell:325-261-0531 Fax: [phone]
E-mail: [e-mail]

[Marvin Benjamin]

 I hope all is well.  I saw your loan request and I believe I can get your loan funded ASAP.

If your interested please email myself an Executive Summary on your Loan Request / Project 

and we can move forward.  I'm not a direct lender but I work with many Lenders that can fund any

loan once you qualify.  These Lenders Charge No Upfront Fees.  Also I have a Lender that is willing 

to JV with Clients if needed to get your project funded,  this lender also provide Down payment for 

your loan if you qualify.  This Lender require you to be able to show you have some money in the 

bank / you must have some skin in the game and you must have experience or someone with you 

with experience involve with your project.  This Lender has programs that runs as high as 90% 

LTV to 100 % funding ETC.  If your ready to move forward let myself know.

Thanks,

Consultant

M.Builders & Merchant Investment

Marvin Benjamin

[e-mail]

646-763-4113