​Lines of credit and loans from $50,000 -$7,000,000.

[Jonathan Casillas]

Lines of credit and loans from $50,000 -$7,000,000 (allowing you to purchase several properties within a 12 month period)

Fund lesser of 80% of Acquisition and Rehab Costs or 65% of After Repair Value (ARV) on Residential Properties (1-4 units). We fund rehab draws
Fund lesser of 75% of Acquisition and Rehab Costs or 60% of ARV on Multifamily Properties (5-30 units)
No application fee for credit line approval
Monthly payments are interest only
No prepayment penalty (3 months minimum interest)
Currently lending in approximately 48 states (exclusions include CA and NV)
We only lend on Non-Owner Occupied Properties
Borrower must have prior investment property experience
Experience: Borrower must have previously purchased at least 2 investment properties.
Liquidity: Cash to fund their equity requirement.
Minimum FICO 620.
Minimum Net Worth: $150,000.
We will evaluate substantial credit issues, foreclosures/short sales.
Borrower is free of significant open judgments and pending litigation.
If you meet the basic criteria above, lets set up a time to talk.


Respectfully Yours


Jonathan Casillas
Foxworth Commercial Capital Sales Director
www.foxworthcommercialcapital.com
O: 800.278.1239 ext. 700
C: (919) 901-0872
Conference Line 1-302-202-1108 (156465)
Private Funding for Projects: $10 million to $5 billion