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Updated over 7 years ago,
Looking for 100% Asset Based Lending in Active Central Florida
Experienced wholesaler/investor looking to build a portfolio of rentals seeking 100% financing based on ARV (not contract price) on distressed properties sourced primarily off-market and some mls, in hot and active Central Florida & Orlando market. Willing to pay higher rates with plans to refinance into longer term conventional loans. Must be asset based. We have between 5 to 10 properties coming in weekly with excellent margins that we would like to "cherry pick" from to hold and get cash flowing. Rents in Central Florida & Orlando area are very attractive. Reliable rehab crews and property management company are already in place, but we need funding-- preferably private money at 100% of ARV. We are spending a lot of our cash reserves on aggressive marketing efforts to generate higher quality, off market deals, hence the request for 100% financing. Fantastic opportunity for an investor who wants exposure to a low risk market without having to deal with all the headaches. Also great for private money lenders who are seeking to minimize their risk by working with experienced individuals!
Please message to discuss the opportunity in more detail. Thank you!