All Forum Posts by: Benny Anand

Brian I tried to connect but not sure my request went through properly on BP.  Nonetheless, have a scenario to run by you when you have a chance, please reach out.

Discover how you can finance your rental property based on your credit score and the property's cash flow!

Rates as low as 5.50%

First Equity Funding offers "no doc" rental loans for investors. Borrowers can fund single properties or portfolios and even keep their property in the name of an LLC!

Property Types

Single Family, 2-4 Units, Condos, Townhomes

Loan Types

Purchase, Refinance, or Cashout Refinance

Experience

None Required

Credit Score

620+

Loan Amount

$75,000 and up

Leverage

Up to 80%+ for purchase or refi, up to 75% cashout

Interest Rate

From 5.5%

Debt Coverage Ratio

0.8 to 1.25x (Negative cashflow okay)

Loan Term

30 Years Fixed

Benny
(215) 544-1210 - (call or text)
[email protected]

Discover how you can finance your rental property based on your credit score and the property's cash flow!

Rates as low as 5.50%

First Equity Funding offers "no doc" rental loans for investors. Borrowers can fund single properties or portfolios and even keep their property in the name of an LLC!

Property Types

Single Family, 2-4 Units, Condos, Townhomes

Loan Types

Purchase, Refinance, or Cashout Refinance

Experience

None Required

Credit Score

620+

Loan Amount

$75,000 and up

Leverage

Up to 80%+ for purchase or refi, up to 75% cashout

Interest Rate

From 5.5%

Debt Coverage Ratio

0.8 to 1.25x (Negative cashflow okay)

Loan Term

30 Years Fixed

Does this event cost anything?

Discover how you can finance your rental property based on your credit score and the property's cash flow!

Rates as low as 5.50%

First Equity Funding offers "no doc" rental loans for investors. Borrowers can fund single properties or portfolios and even keep their property in the name of an LLC!

Property Types

Single Family, 2-4 Units, Condos, Townhomes

Loan Types

Purchase, Refinance, or Cashout Refinance

Experience

None Required

Credit Score

620+

Loan Amount

$75,000 and up

Leverage

Up to 80%+ for purchase or refi, up to 75% cashout

Interest Rate

From 5.5%

Debt Coverage Ratio

0.8 to 1.25x (Negative cashflow okay)

Loan Term

30 Years Fixed

Benny
(215) 544-1210
[email protected]

Greetings BP Colleagues.  I am a loan officer for First Equity Funding.

www.firstequityfundingllc.com

Take a look at our terms on rental loans, and please let me know if I can be of assistance.

Rates as low as 5.50%

First Equity Funding offers "no doc" rental loans for investors. Borrowers can fund single properties or portfolios and even keep their property in the name of an LLC!

Property Types

Single Family, 2-4 Units, Condos, Townhomes

Loan Types

Purchase, Refinance, or Cashout Refinance

Experience

None Required

Credit Score

620+

Loan Amount

$75,000 and up

Leverage

Up to 80%+ for purchase or refi, up to 75% cashout

Interest Rate

From 5.5%

Debt Coverage Ratio

0.8 to 1.25x (Negative cashflow okay)

Loan Term

30 Years Fixed

Hello BP, I have recently joined First Equity Funding as a loan officer.  If you have are seeking private capital for your investment projects (fix 'n flip, rental, etc...) please reply to this thread or send me a DM.

www.firstequityfundingllc.com

Thank you,

Benny

I am looking for a specific RE service, where if I find a property that looks interesting, then I can give that property's address to a person or service, and they will track down the owner.  After that they will also cold-call the owner to determine the status of the property and find out if it can be sold off-market.  Please reply (or DM) if you know of any service or person that provides this kind of service.

CapVest LLC's creative finance website has now launched! This portal is geared towards residential and commercial fix 'n flip and bridge loan financing. Please visit the site to get started on your next project!

http://www.capvestcf.com/

Freddie Mac - Small Balance Loan (SBL)

The program is quick turnaround and is used primarily for refinance or acquisition of mid to small sized multifamily properties. The pricing terms and the non-recourse feature help this program to currently out-compete what the banks are offering.   

• Loan size: $1 million to $7.5 million
• Multifamily property size: 5 or more units
• 5, 7 and 10 year terms available
• Up to 30-year amortization on all terms
• Up to 80% financing available
• Non recourse with standard carve outs
• Interest-only available
• Stepdown prepayment schedule available (YM better pricing)
• Debt coverage as low as 1.20
• Cash out equity available
• Quick closing execution of 45-60 days

Any questions, please call or email. Looking forward to connecting!

Thank you,

Benny

CapVest LLC

Desk: (215) 362-1610

Cell: (301) 273-5864

Fax: (866) 905-7437

[email protected]

www.capvestllc.com