All Forum Posts by: Alex Bekeza
Alex Bekeza has started 709 posts and replied 2228 times.
Post: Looking for Cash Out Refinance, Los Angeles Mixed Use
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
@Donn Montenegro We can cash out refi mixed use properties at 70-80% LTV as long as they debt cover.
I've sent you a PM. I look forward to pricing this out for you. Our office is based in Sherman Oaks not far from downtown Los Angeles.
All the best,
Post: Fix and Flip Line of Credit 75% ARV (No need for hard money)
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
Land Brothers Mortgage is Now Offering a Fix and Flip Line of Credit for Experienced Investors
This product will help you scale from 2 or 3 to 10+ flips a year!
- Line amount set for 5 x your total liquid assets (cash, stocks, % of retirement, % of unused HELOC)
- 90% of purchase + 90% of rehab (up to 75% ARV)
- Interest starts at 6.99%
- Only one credit pull annually and not deal by deal!
- Minimum 700 FICO
- Minimum of 4 flips in the last 24 months
All Cash Buyer? We'll Refi you at 90% to get you your cash back and move on to the next deal!
Use Hard Money? We'll beat their rates/leverage everyday of the week.
Send me an email with FIX AND FLIP LOC in the subject line and I will reach out to you as soon as I can.
All I need to know to generate a same day soft quote is:
-# of flips in last 24 months
-# of currently active rental units
-FICO Score
-Approx Net Worth
-Approx Liquidity
-# of years in RE industry
I look forward to helping you grow your flipping business!
Post: Refinance up to 75% w/ no income verification 5-6% Interest
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
Land Brothers Mortgage specializes in asset based lending with no income verification!
We can offer 30 year terms, fully amortized with rates starting in the low 5% range
- 5/1, 7/1, 10/1 and 30 year fixed options available
- Non Owner Occupied Properties Only
- Cash Out Refi/Rate & Term Refi up to 75%
- Purchase up to 80/85% LTV
- Loans are based on the property's ability to cash flow
- Minimum FICO 680
- Minimum Loan Amount - $100,000
Send me an email to [email protected] with "Bigger Pockets Ad" in the subject line and I'll reach out to you promptly to price out your scenario for you. Please include some basic details in the intro email such as subject property address, requested loan amount, FICO, estimated property value, current mortgage, rental income, etc.
I look forward to helping you increase your cash flow!
Post: Asset Based Lending-No Income Verification- 30 years 5-6% Int
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
Land Brothers Mortgage specializes in asset based lending with no income verification!
We can offer 30 year terms, fully amortized with rates starting in the low 5% range
- 5/1, 7/1, 10/1 and 30 year fixed options available
- Non Owner Occupied Properties Only
- Cash Out Refi/Rate & Term Refi up to 75%
- Purchase up to 80/85% LTV
- Loans are based on the property's ability to cash flow
- Minimum FICO 680
- Minimum Loan Amount - $100,000
Send me an email to [email protected] with "Bigger Pockets Ad" in the subject line and I'll reach out to you promptly to price out your scenario for you. Please include some basic details in the intro email such as subject property address, requested loan amount, FICO, estimated property value, current mortgage, rental income, etc.
I look forward to helping you increase your cash flow!
Post: 30 year terms w/ no income verification in the 5-6% range
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
One thing I should have mentioned above is that our minimum loan amount for this program is $100,000.
Post: Increase your purchasing power 5x for your flips!
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
Post: The free comps tool that may save you $$$$$ in under an hour
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
@Kuba F. This is awesome. Only had a chance to toy with it for a few minutes but I know I'll be stuck down this rabbit hole later! This was a great idea.
Post: Wedding Money Invested Before Getting Married- Second Fix & Flip
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
@Chris Lawrence Best use of wedding funds I could possibly imagine! haha congrats on tying the knot and pulling off this deal. I'm sure those life lessons have a value many times the $8k you walked with.
Post: 30 year terms w/ no income verification in the 5-6% range
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
@Robert J Carlson Origination fees vary with loan amount and there aren't any out of the ordinary fees. Just standards title,escrow, appraisal, underwriting, etc.
Send me an email with a little info on your scenario and we can price it out together. Feel free to give me a call if you prefer that although I'll be on a conference call this morning from 10:30-11:15 ish PST.
All the best,
Post: 30 year terms w/ no income verification in the 5-6% range
- Lender
- Los Angeles, CA
- Posts 2,342
- Votes 1,300
Land Brothers Mortgage specializes in asset based lending with no income verification!
We can offer 30 year terms, fully amortized with rates starting in the low 5% range
- 5/1, 7/1, 10/1 and 30 year fixed options available
- Non Owner Occupied Properties Only
- Cash Out Refi/Rate & Term Refi up to 75%
- Purchase up to 80/85% LTV
- Loans are based on the property's ability to cash flow
- Minimum FICO 680
Send me an email to [email protected] with "Bigger Pockets Ad" in the subject line and I'll reach out to you promptly to price out your scenario for you. Please include some basic details in the intro email such as subject property address, requested loan amount, FICO, estimated property value, current mortgage, rental income, etc.
I look forward to helping you increase your cash flow!
All the best,