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All Forum Posts by: Account Closed

Account Closed has started 30 posts and replied 105 times.

Post: Virginia Investment Properties: We have a new loan product.

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

Up to 85% LTV for purchases and refinances. Up to 80% for cash out refinances.

Post: Property in Bothell WA - Need Gap Funding for Rehab

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

I am not an investor, but I could lend you up to $360,000 on this project. ( Not including closing costs)  Depends on your experience and net worth. Call if interested.

R.

Post: Need $300k to Close Deal - Terms Negotiable - Double-Digit Return

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

Sorry, I misread your post. Sounded like you were looking for capital and debt.

Post: Need $300k to Close Deal - Terms Negotiable - Double-Digit Return

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

70% LTV Max, No income verification

7.50, 3/27 - 3 ypp, 1 point

7.99, 3/27 - 3 ypp, 0 point

* I/O for 3yrs add .25 to rate

*   2ypp add .75 to rate 

*   1ypp add 1.50 to rate 

Call if interested

Post: Need $300k to Close Deal - Terms Negotiable - Double-Digit Return

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

I am checking around for deb financing.  Will be back.

Richard 

Post: Seeking Hard Money Lender for First Investment - TEXAS

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

We make flip loans, 5-18 mos. 12%, interest only. Up to 75% ARV. You pay 10-15%.

Post: South Austin Flip need funding.

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

Can do for 60% of profits, with 15% preferred minimum.

Post: Agency Multifamily Mortgages for Apartments

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

Agency underwritten multifamily mortgages for 5+ unit apartments. Purchase or refi. Rates as low as 4.5%. Up to 70% LTV, 30 year amortization. Only for experienced owner/ landlords. No investment property limit.

Call for details.

Post: Supplemental income for wholesalers:

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

We are seeking referral agents for investor loans. Acquisition-rehab or permanent loans. We pay, legally, for loan referrals on investor properties that are to be used for commercial purposes. Fee of .25% of loan amount for loans that close. ( Minimum fee of $250.).

States:   CA, CO, CT, FL, GA, IL, MD, MI, MO, OH, TN, TX, VA, WV, SC, HI, NJ and WA

Call for details

Post: New Acquisition-Rehab Financing:

Account ClosedPosted
  • Lender
  • Charlottesville, VA
  • Posts 126
  • Votes 28

We have a new acquisition-rehab mortgage. Up to 90% of acquisition and rehab costs ( not to exceed up to 80% of the the as-completed value of the project - ARV ). Pricing based on experience and liquid assets.

Rates between 8% and 12%, interest only. Term of 6 months to 18 months.

No FICO, no prepayment penalty.

States: CA, CO, CT, FL, GA, IL, MD, MI, MO, OH, TN, TX, VA, WV, SC, HI, NJ and WA

Quick pre-approval and application turn around time.  Take-out permanent mortgage financing for finished property available.

Call for details.