Seeking Residential Lender who can fund small balance loans ranging from $20,000 to $50,000.  NON CREDIT BASED. Also, Lender who can do Fix and Flip loans less than or equal to $50,000.

Views: 168

Reply to This

Replies to This Discussion

We have a California - based direct Lender who can do 50K and above.

No Doc loans - (No Doc & stated)

Seasoned Fix & flippers- We have a 1 ML line of credit loan available. Approval in 48 hours of submission.

Reach back to us.

James Crigler

james@advancecommercialfinance.net

770-572-4481

Below is my direct Private Lender and below is an overview of their
lending program,very reputable lender with immediate funds for quality real estate deals:

Here is my lenders overview:

*Loan size:$350,000-$20MM+
*Collateral Location:Nationwide(Focus is in NY,FL,NJ,CT and PA
*Collateral Types:All RE considered
*Security:1st Mortgage Lien
*Loan to Value:Up to 65%
*Exit Fee:None
*Interest Rate:Starting @8.99%
*Term:6mos-3Yrs
*Amoritization:Interest Only
*Recourse-Generally required
*Origination Fee:1%
*Funding in 1-2 weeks


 The specific collateral we would lend against is non-owner occupied
residential and for commercial it’s retail, offices, flagged hotels,
multi-family and mixed-use. We also consider land and ground-up
construction deals when they are located within a major market.

The specific information we need in order to properly consider a deal
is the following:

What is the address and description of the asset to be used as collateral?
How much does the borrower need to borrow and what will it be used for?
How will our loan be paid back?
How come a bridge loan is needed versus a conventional loan?
Is the asset owner occupied?
If the deal is an acquisition, is the purchase in contract and for how much?
If there is an existing appraisal, please share it
If the asset is rented, what is the occupancy or vacancy rate?
If there is an operating memo or income/expense statement, please share it


Don Carter
Facilitator to Lender
E-mail:donmoneybiz@gmail.com

RSS

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service