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Updated over 8 years ago on . Most recent reply

User Stats

6
Posts
2
Votes
JC Jensen
  • Investor
  • Salem, OR
2
Votes |
6
Posts

New member from Oregon

JC Jensen
  • Investor
  • Salem, OR
Posted

Hi I"m JC Jensen from Salem, Or.  

I've had a couple of rentals for about 10 years, recently I sold those and bought one to fix and flip which went well, I'm looking for others but I've had to pass on several cash only deals because the banks won't loan on them so I'm here to learn other ways to finance them.

Most Popular Reply

User Stats

69
Posts
27
Votes
Marques J.
  • Rental Property Investor
  • Medford, OR
27
Votes |
69
Posts
Marques J.
  • Rental Property Investor
  • Medford, OR
Replied

I can recommend LimaOne Capital. 10% down payment on purchase price with rehab covered 100% in a draw system, 2.5-3.5 points depending on experience. 9-12 percent depending on experience and LTV.

Great way to leverage your own capital. I have successfully closed 2 loans through them.   Lending Home would be a 2nd option to look at. I have not actually closed a loan from them though.   Good luck..

  • Marques J.
  • Loading replies...