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Wholesalers Only : JV Profit Opportunity; 100% Funding Available

Overview

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Ad number:#591454376
Contact:Duane Hines
Phone:303 949 8770
City:Denver
Zip:80239

Description

Bring your deep-discounted deal where you have (both) the seller under contract and the buyer under contract; we put up all the purchase money; we undertake back-to-back escrows; a few days later, after both escrows have closed, we divide the profits 50/50. FYI: We not require any upfront fees. Nor we require an appraisal; a BPO will do. We normally need six to eight working days to approve a funding request, best case scenario.

 

 

We fund in all 50 states and DC, with the following parameters:   

 

*        Joint Venture: you bring the deal; we can bring up to 100% of the money; we split the profits 50/50  

*        No points, no interest, no monthly payments. Not a loan. Funding is a Cash-on-Cash, JV investment            

*        Employ our capital for quick wholesale flips via back-to-back escrows     

*        Transactional Funding (double close) capital available

*        Up to 60% LTV (Loan to Value) of FMV (Fair Market Value); NOT based on ARV.

*        No upfront or hidden fees; fast funding decisions

*        Funding normally occurs in 6-8 working days, not weeks (for qualified deals) 

*        We do not require an appraisal, credit check or income verification  

*        N.O.O. (Non-Owner-Occupied) only, investor-owned properties

*        Investment must be secured by a 1st position note/deed

*        Minimum profit to EMD Funding on any deal must be at least $20,000.

                             

 

 

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