All Forum Posts by: Lamarr Baxter

I have a pre-approved borrower client who's completing her residency as a physician at U.C. Davis Medical Center near the downtown Sacramento area. She's seeking a fixer-upper whereas she can move into the property during the renovation. She’s  pre-approved up to $450K and will be using either the FHA 203K or the Fannie Mae Home Style renovation loan for financing but seeking to purchase a property in the range of $275K resulting in an ARV up to $350K. Below is the borrower/buyer's criteria:

NOTE: My client is seeking a property within a 15 minute commute near her job located at U.C. Davis Medical Center near the downtown Sacramento area. She will also consider purchasing a renovated move in ready property as well up to $350K.

Zoning type - Residential

Price Limit: $275K Acquistion - $350K ARV

Lot Size: 0.25 acre or larger

Living space sq footage: 900+

Garage (1,2,34): 1-2

Number of bathrooms: 1-2

Number of bedrooms: 2-3

Single Story or Double Story: Single story preferred

Property Zip Code: 95820 or within surrounding area

Property City: Sacramento

Elite Mortgage is a leader in offering a wide range of loan products for the California real estate investor. Whether you require a loan for fix & flip, buy hold, rate/term refinance or cash out refinance we a have a loan product for you.

Using Retirement Funds via a R.O.B.S. Plan and/or Self-Directed Retirement Account can aid you in funding your existing and/or start-up business coupled with a Commercial or Hard Money Loan. This is an excellent funding option for the Cannabis Businesses

Please call me on Monday to discuss at (916) 237-7310 to discuss our loan programs for investors. Thanks.

Attention Investors!!

Refinance your existing Hard/Private Money loans

Attention Real Estate Investors!! Are you seeking to refinance your existing Hard Money Loan down to a lower interest rate to increase monthly cash flow? Are you faced with a Balloon Payment coming due on your existing loan? Please contact me to discuss your refinance options.

AWM offers a very competitive compensation plan structure allowing you to pick your compensation plan.

This is an excellent buy for an investor seeking to build mobile homes or a mobile home park in Calaveras County California:

http://prospector.metrolist.net/scripts/mgrqispi.dll?APPNAME=Metrolist&PRGNAME=MLSLogin&ARGUMENT=MhJQceZI4X4BMrAl7rXqwflzEwexAgcoH3TFd6Na%2BDHBfMXzpEE%2F0SIt3%2B8uYgWG&KeyRid=1&Include_Search_Criteria=&CurrentSID=119191790&MLS_Origin=SACM

All Western Mortgage Branch Manager/Sr. Loan Officer Lamarr Baxter will be hosting a First Time Homebuyer's Seminar in Elk Grove, CA.

This very informative HomeBuyer's Seminar will be like no others attended as we will be covering topics and strategies that are applicable to post "Great Recession" lender guidelines. There are many prospective buyers whom lost their home in the past 5-8 years due to foreclosure, short sale and bankruptcy whom are eligible to buy a home again. If you discharged a bankrupcty in the past 1-2 years you may be eligible to buy a home. Below are some of the topics we will he covering:

• Getting Prepared To Purchase a Home
• Rent vs Owning
• Eligibility Requirements
• Credit Issues
• Loan Programs (FHA, VA & Conventional)
• Down Payment & Closing Cost Assistance Programs
• Alternative Down-Payment & Closing Cost Options
• Strategies & Options to access funds from your retirement accounts to cover down payment and closing cost
• Seller Carry-Back Loans for 100% financing
• The Loan Process
• The Do's and Dont's during the loan process
• Co-borrower's and co-signers
• Post Loan Close Tax Strategies

******** Due to limited seating for this event, please RSVP immediately ******

Click here to RSVP: https://www.eventbrite.com/e/first-time-home-buyer...

Thanks Rasheema:-)