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Real Estate Investors Private Money Funding

Overview

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Ad number:#1014822031
Contact:Priscilla
City:DFW (Dallas), TX
Zip:75261
Price:$0

Description

Over 150+ Private Lenders Waiting to Fund Your REI Deals Right Now!

More Flexible Lending Criteria! We Look At The Deal, Not You!

PROPERTY TYPES: Non-Owner Occupied, SFR (1-4 Units)

LOAN PURPOSE: Acquisition, Cash-Out, Refinance, Rehab

LOAN AMOUNT: $30,000 up to FHA Cap

TERM: 6 - 24 Months

INTEREST RATE: Starting at 8.99%

ORIGINATION POINTS: Starting at 1%

LOAN PARAMETERS (PURCHASE): 90% Purchase; 100% Rehab not to Exceed 65% LTV;

LOAN PARAMETERS (REFINANCE): 65% of ARV, Cash-out Refi 50% LTV

EVALUATION: Options: Appraisal or Renovation Report

MINIMUM CREDIT SCORE: No Minimum Credit Score

EXCLUDED STATES: OR, ID, CA, AZ, ND, NV, UT, SD, MN, NY, NC, VT, and NJ

Residential properties that are 1-4 units, non-owner-occupied, 2800 sq ft maximum, 1/2 acre maximum, loans amount will not exceed FHA Cap, 5bedroom/3bathroom maximum. Higher credit scores (680+) and down payment (20% or more) trumps the size of the house, property features, and property size.

Our loans are asset-based, and our decisions are logic-based. That means we base our decisions about funding and rates on the perceived risk associated with the property. If you have a property under contract, submit it. Our rates are competitive in the private money market, but we save our best rates for our best clients.

Get started today to become one of those repeat, best clients! Get a property under contract and submit it!

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