City:New York, NY
Please read below on our Joint Venture, for Purchase's / Rehabs / Flips / Hold / Rentals Ect and if you like to proceed, give me an email or a call, thanks.
This program is for investors with limited funds and looking for a partner.
Lender will fund 100% of purchase, rehab, points, and closing costs & I/O monthly payments. Purchase and rehab up to 70% ARV. Previous fix/flip experience is required, however, the lender will consider no experience.
1. No Minimum loan amount up to $2,000,000
2. 8-13% Interest Rate
3. Up to 70% ARV
4. No monthly payment
5. Up to a 12 Month Term
6. No PPP
7. Business Entity Borrowers Only
8. No minimum credit score (However, credit will be pulled.)
9. Money out of pocket - less than $1,000.
Profit Share/Split – This is driven by 3 criteria; Experience, Number of deals financed with the lender, and Profitability of the deal.
The important thing to remember about this program is the property purchase price and rehab costs needs to be at 70% ARV or lower.
Crunch the numbers then contact us for a submission application.
If you want to pursue JV financing and have a property to purchase, please complete my Joint Venture Form (Attached) , thanks advise.
Black Diamond Investments,
Shawn K. Pearl
Call your Dial-In Number: (641) 552-9207