We are trying to build slow - one house at a time. Plenty of inventory and opportunities exist in our area, we just need a lender (private or otherwise) who provides funding for deals that are based on the properties which will be titled by our business entitiy. Thanks.
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Hello, Thank-You for responding. I will contact you directly via your email. Respectfully, CR
Carl we are a national lender contact me with loan amount and executive summary. below are our guidelines
Non-Owner Occupied Rental Deals:
- Acquisition of a Single Family, Duplex, Triplex or Quad
- Property MUST be titled in corporate name
- $50k up to $500k
- LTV up to 70%
- Rates typically 9.50% – 9.75%
- Fixed 2, 3, & 5 year terms
- 25 year amortization
- Lender will fund with credit scores as low as 600
Cash Out Refi of Non-Owner Occupied Rental Deals:
- Two year seasoning
- Property MUST be titled in corporate name
- $50k up to $500k
- LTV up to 70% based on appraisal
- Rates typically 9.50% – 9.75%
- Fixed 2, 3, & 5 year terms
- 25 year amortization
- Lender will fund with credit scores as low as 600
stephen.l.mitchell@gmail.com
Stephen, Thank-You for replying to my post. I will contact you directly via your gmail account. Cheers, Carl
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)
Resume, 1003, Breakdown of the rehab, recent appraisal or BPO or comps
Have a Powerful Day
George R. Mallory,
VP of Finance, Underwriter
Mobile: 917-653-5215
Fax: 917-591-4601
Email: russellmallory178@gmail.com
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