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Updated about 3 years ago,
Direct Lender Fix and Flip & Long Term Rental (Google me!)
Fix and Flip funding up to 90/100
Purchase and Rehab (12 months) Guidelines & Pricing:
Loan Amount: $75k-$3M
LTV of Purchase price: up to 85% for new investors 650 FICO MIN or 90% LTV for experienced investors (3+ properties held or purchased within 36 months 680 FICO MIN)
LTC of Rehab amount: 100%
Max Loan to ARV: up to 75%
Minimum As-Is Appraised Value: $100k
Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)
Term: 12 months
Rate: Starting at 8.99%
Points: Vary based on loan amount
Credit Score: 650 Minimum
860-990-3030 - Direct cell call or text
Offering