ASSET BASED LENDING - BANK RATES - ACQUISITION AND REHAB LINES

[Bob Green]

Greetings all,

WE NOW OFFER 30 YEAR FIXED MORTGAGES WITH NO VALUE SEASONING REQUIREMENT!

• CASH OUT UP TO 75% OF FAIR MARKET VALUE 1 DAY AFTER REHAB IS COMPLETE
• RECYCLE THE SAME DOWN PAYMENT MONIES OVER AND OVER AND OVER AGAIN
• GROW YOUR REAL ESTATE PORTFOLIO SOONER RATHER THAN LATER
• NO MORTGAGE PAYMENT FOR FIRST 3 MONTHS

Step 1:

Apply for a acquisition and rehab line of credit that is revolving and can be refinanced to term debt as soon as rehab is complete

• We can lend 5X liquidity for the line of credit program. For example, $100,000 X 5 = $500,000 line of credit. This can come from cash on hand, 401K, stocks, a home equity line, or equity in collateral. The qualifying parameters include 620 fico score, 2 successful investment properties under your belt, and liquidity.

• When you buy a new property, 10% or 20% will come from you based on purchase price plus rehab, and the other 80 or 90% from the line of credit. With regards to the rehab, we can lend up to the lesser of 90% of acquisition and rehab costs or 65% of after repaired value (ARV).

• The line is revolving, so you can refinance the line into term debt and reuse the same money over and over again. Term structure can be 5, 10 or 30 year fixed loan up to 30 year amortization. Rates range from high 5's to high 7's.

Step 2:

ROLL THE PROPERTIES THAT YOU HAVE ACQUIRED AND REHABBED USING YOUR LINE OF CREDIT INTO A 30 YEAR FIXED MORTGAGE WITH NO VALUE SEASONING! RECYCLE YOUR DOWN PAYMENT MONIES AND REPEAT STEP 1!

• 30 year fixed mortgage in the 6.5 - 8.5% range
• 630 credit score
• $45,000 loan minimum
• Cash out up to 75% of fair market value - no value seasoning
• Unlimited Properties
• Approvals based on cash flow of the property and credit score - NOT your debt to income ratios

3. Loan on Individual Properties - 1-4 Units - Approval Based on Cash Flow of Property and Not Your Personal Debt To Income Ratio. 90 day value seasoning.

• 1-4 Units
• 660 Fico Score
• 12 Month Liquid Reserves
• $50,000 Minimum Value
• 30 Year Fixed
• 75% Maximum LTV
• Rates 6.5 -7.5%

4. Blanket Loan on Multiple Properties - Approval Based on Cash Flow of Property and Not Your Personal Debt To Income Ratio. 90 day value seasoning

• 620 Fico Score
• 6 Months Liquid Reserves
• $50,000 Minimum Value Per Property
• 5, 10 and 30 Year Fixed
• $500,000 Minimum Blanket Loan
• 75% Maximum LTV
• Rates 5.5 - 6.5%

Best Regards,