Residential Investment Property Loans

[Doug Braxton]

Offering several loan products for residential investment property investors. I’m an approved/registered commercial mortgage broker with several reputable commercial lenders specializing in residential investment property loans. No upfront fee!

Offering the following loan products:

• Acquisition Line Of Credit: Up to 90% LTC
• Acquisition and Renovation Line Of Credit: Up to 90% LTC
• Portfolio Loan: Up to 80% LTV (5+ properties)
• Permanent Loan: Up to 80% LTV (30 year fixed rate / 30 year amortization)
• Bridge Loan: Up to 85% LTV
• Rehab Loan: 90% LTC (no experience needed)
• Ground Up Construction: 90% LTC

Contact me to discuss your residential investment property needs or visit www.1-4investor.com for additional information.

--
Doug Braxton
Commercial Mortgage Broker
Braxton and Company, LLC
[phone]
E-MAIL
www.braxtonandcompany.com | www.1-4investor.com

[Carole L Singh]

We need a proof of funds for a commercial deal. Can you provide one? What is fastest time someone you have could do a cash purchase. Anyone with 100% commercial purchase and rehab financing. We are the rehabbers.

6 plex apartment building, (Downtown Residential). Interior has been gutted and is ready to be finished.

Features

LISTING INFORMATION 

Updated: 03/25/2018

12 Bedrooms

11 Bathrooms

Multi-Family

4,536 Square Feet

Lot Size: 4356 sqft

PUBLIC RECORDS 

Updated: 04/01/2017

Multi-Family

4,536 Square Feet

Lot Size: 4,290 sqft

Purchase $50,000

rehab $100,000 max

Assessed value $93,000 as-is

Assessed value when last functioning apartments $266,700 

ARV  $325,000

RENTAL ZESTIMATE : 

$1,200/mo per 2 br apts X 6 apts = $7,200 mo.   

Zillow Comps

878 Chicopee St,

Chicopee, MA 01013

15 beds 6 baths -- sqft

 SOLD: $100,000 as-is

Sold on 12/27/17

Zestimate®: $231,717

56 Pine St,

Holyoke, MA 01040

9 beds 3 baths 3,875 sqft

 SOLD: $260,000  finished upgrades

Sold on 11/20/17

Zestimate®: $255,679

108 Walnut St,

Holyoke, MA 01040

6 beds 4 baths 2,800 sqft

 SOLD: $205,000  3 apartments

Sold on 04/21/17

Zestimate®: $241,543

124 Beech St,

Holyoke, MA 01040

8 beds 4 baths 2,500 sqft

 FOR SALE 

$219,900

Zestimate®: $214,960

[Doug Braxton]

Hello Carole,

We don't offer 100% financing. Can do 90% LTC and close within 10 days. 

[Carole L Singh]

Can you give a term letter stating you will finance the deal if we can get the $5000 down? 

Carole