Short-term financing for the purchase & rehab of non-owner occupied properties - All Rehab Funds Financed!

Collateral:

Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties

LTV:

Up to 90% of the Purchase Price + 100% of the Renovation Cost; Not to Exceed 75% of the ARV

Term:

12 Months (6-Month Extension Available)

Minimum As-Is Property Value:

$50k for Single-Family
$25k per Unit for 2-4 Family
$35k per Unit for Multi-Family (5+)/Mixed-Use

Loan Amount:

$50k – $7.5M for 1-4 Family, Condos, & Townhomes
$250k – $10M for Multi-Family (5+)/Mixed-Use

Minimum FICO:

620

Rates

As Low As 8.99% (Interest Only)

Ready to make serious money buying and rehabbing real estate? This program allows for both experienced and new Real Estate Investors!

Please Email commercialloanpros@gmx.com with a short summary of your upcoming property purchase and a description of the rehab work you would like to have us finance for you. Please include your best, conservative estimate at what the property will be worth upon completion of this rehab.

If things look good, I will email or call so that we can discuss moving forward with your transaction.

*An appraisal or executive summary is not needed and will not be opened. All I need is a brief deal summary with Borrower and property qualifications. When I need additional documentation, I will let you know.

Thank you!

Monty Yeager
Commercial Loan Pros
commercialloanpros@gmx.com