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100% Real Estate Financing

Overview

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Ad number:#842068015
Contact:Reginald Metts
Phone:4702408675
City:Conyers
Zip:30013
Price:$0.00
Square ft:N/A
Beds:N/A
Baths:N/A

Description

100% Fix and Flip Financing;
1-4 units
5-10 multifamily units
Mixed Use
Ground up Construction 
These Fix-to-Flip loans are perfect for the flipper who has a good/excellent credit score of 620 and verifiable income/cash flow.  The unique benefit of this product is you can get a loan for 100% of the purchase price and rehab costs, up to 65% of ARV, keeping as much cash in your pocket as possible!
Our Lender will  lend on multifamily up to 10 units and on mixed-use with at least 50% residential space. 
For ground up Constructions some experience with larger rehab projects required for this program. At least one project completed and a 660+ credit score. Land must be purchased and the base must be poured with a building permit.  
*No Down Payment Option
$50,000 to $1,000,000 (1M)

No prepayment penalty

*Rehab cost can be more than the purchase price.

* Total cost must be with in the given ARV. 

We can lend down to a credit score of 620, however, our max loan would be 60% of ARV.

Clients need at least a 660 credit score to qualify for 65% of ARV.
FICO scores below 620 will need a co-borrower or guarantor.

http://www.everlastingrealestatesolutions.com

 

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