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Updated 2 months ago on . Most recent reply
Anyone have experience with Elite Funding Group LLC
Had received an email from this group and spoke with them on the phone yesterday. Seemed legit and expecting to hear back from them today on some proposals for a project I am working on. Could not find much online so figured I would turn to BP.
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@Tom S. I submitted an application etc but I am going to finish the rehab to get better terms before resubmitting.
The back story is that I am about 90% done rehabbing a home for a rental. They gave me decent terms on financing the rental and providing rehab funds but it did not make sense with me being so close to finished. Being a rehab loan it was still fairly expensive. I am going to finish the rehab and get it rented then resubmit for a rental loan.
I have used Cashcall Mortgage twice and have been very happy with them but Elite seems to be more flexible and have more options so was going to see if they are competitive.