Instant Funder is a private money-lending source, providing turnkey financing solutions for single, multi-family, new construction, land development and commercial investment properties. Instant Funder is the premier source for loans to purchase and rehabilitate income properties.
Our typical borrowers are real estate investors who wish to purchase distressed, properties and either hold them long-term as rentals or flip them for a quick profit. Instant Funder can even assist borrowers wishing to finance the purchase of REO’s or short sale properties, both individually and in bulk.
Instant Funder’s lending capital comes from a small group of individual investors. We work closely with licensed brokers to handle the transactions and service our loans. We understand the unique needs of developers, contractors and investors, and have developed the flexibility and creativity necessary to suit these borrowers’ special needs.
Instant Funder Private Lender, a direct lender, also offers a Lending Program, the “Instant Funder, National Construction Lending Alliance” to select, well-qualified, experienced rehab contractors and investors. The purpose of this program is to help revitalize neighborhoods and communities. Qualified contractor/rehabbers have the opportunity to rebuild or expand their business by joining up with Instant Funder in a unique program (Instant Funder, National Construction Lending Alliance) that allows participation with minimal cash input.
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Looking for fixed rate permanent loan in the amount of $108,000 (mortgage balance, no cash out) to refinance existing short term mortgage on a single family investment property.
Property value 170,000
Rented for a year at 1545/month to a section 8 tenant.
Taxes 3907/year.
Property address: 18 Lenox St., Newark, NJ 07106
if you need any additional information, please call me at 609-575-8564; or email me at: tacohen@thecmpro.com
Hi Thurmon, Thanks for your inquiry. Instant Funder does not do "Long Term Loans," - if that is what you mean by permanent loan. If we can help in any of your future acquisitions, please don't hesitate to call.
Hi everyone - check out my new "Blog Post" on the Funding Blog page!
Hi Joseph, Thanks for your inquiry. We are definitely your "reliable private money source," with 2 different funds, etc. available to fund projects. I will email you so we can see if we are a good fit for each other, relative to our criteria and yours. Best, Barry
Hi Joseph, I want to make sure you received my email?
I look forward to hearing from you!
We have a multi family propety under contract and we're looking for gap funding willing to take 2nd position of on a cah flow property. We have done the due diligence and are looking to close within two weeks. Contact me at 708-365-9859 or email me at elvis.townsend@yahoo.com.
Hi Elvis, Thanks for your inquiry, I will give you a call ASAP to learn more about you and your project. We are definitely funding Multi-Family properties if the project is a good fit. I look forward to speaking with you. Best, Barry
Ok Barry,
Look forward to hearing from you. Hope we can talk today.
Please forward your parameters or lending requirement.
WE SOURCE DEEPLY DISCOUNTED PROPERTIES DIRECT FROM TOP (4) US BANKS, SO THAT INVESTORS CAN MAKE MORE MONEY ON MORE DEALS
WITHOUT COMPETITION.
We have direct access to off market REO’S 1 off’s and bulk residential and commercial. From (7) of the top banks in the USA Wells Fargo,Bank of America,Chase and Sovereign we are part of a national association that has partnered with these banks to move bank product.
www.linkedin.com/pub/mister-tee/21/625/a9a/
Mister Tee (267)595-5855
Your questions and our answers
Are you looking for funding. Yes or wholesaling properties? Yes we are direct to top 4 banks to buy their inventory REO at the deepest discounts available. As one of our services to our Borrowers, we send excellent deals to them and then fund the projects.We can get you access to this inventory nationwide. Please clarify so I have a better understanding? Thanks. We are in front of the asset manager.
We desire to acquire ten (10) Single Family homes. Solely focused on Philadelphia, and primarily on the Metro Philly Market. Our Asset Purchase prices typically between $50,000 and $150,000. Renovation costs typically between $15,000 and $50,000. Targeting assets with all cash on cash investment with (ROI) of (20%) or above. This gives us the ability for re-investment of equity and profits over the fifthteen (15) month investment horizon. The Fund will seek 50 to 70% portfolio leverage. The project internal rate of return of 30-35% and profit of 25 to 30%. These homes will be sold at wholesale to our list of cash buyers (wholesalers) or renovated and sold at retail price to our list of end user (first time buyers) for cash, or lease option (12) months or less to repair credit and setup mortgage funding.
PERSONAL CARE HOMES/SPECIAL NEED HOUSING PROGRAM
We will purchase ten (10) additional single family residences (5) bedrooms or more. These properties are to be purchased on terms, owner financing, lease with option or subject to and other creative buying strategies. These properties are to be renovated, and held for long term investments, these properties will pay for themselves in (15) months or less. This is a turnkey operation that will return over 400% (ROI).
We buy real estate at wholesale, and hold some for special need housing, we buy and sell or lease.
Sharif/Mister Tee
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