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All Forum Posts by: Coral Hernandez

Coral Hernandez has started 11 posts and replied 105 times.

Post: Sarasota Fix and Flip

Coral HernandezPosted
  • Lender
  • Posts 126
  • Votes 77

@Mya Toohey

Congrats on the investment.

We definitely would like to talk and discuss our experiences.

Let's Connect, PM so we can chat further

@Byron Beckford

Hey Byron,

You have a couple options available to you. A traditional bank or Private Lender could refi you out of the HML.

Let's Connect, PM me and we can discuss further see if we can help out.

@Matt Thomas

Hey Matt,

I totally understand where you are coming, having been in your shoes before.

I would like to talk further and discuss the questions you have related to the process and financing. I believe it's always good to have options and all your questions answered before making a decision.

I would be than happy to lend my experience with you, so you alone can make your best informed choice

PM me and lets chat!

Post: Advice on structuring Partnership

Coral HernandezPosted
  • Lender
  • Posts 126
  • Votes 77

@Michael Evans

Hey Mike,

We would like to help with your discussion making process.

We would like to answer any and all questions you might have on the HML side and some creative ways to finance it.

Let's connect.

PM me!

Post: Overcoming Debt to Income Ratio Problems

Coral HernandezPosted
  • Lender
  • Posts 126
  • Votes 77

@Patrick Chafe

  Hey Patrick,

    Be careful when getting into Hard Money Lender. Don't be fooled by advertised rates. You wont see lower than 8.5%, unless you payoff early and have no prepayment penalty. There's the ones that do it right, and ones the fly by night. Make sure you do your due diligence and research.

I'd love to connect and discuss further

@Mark Weinberg

So there are a couple different variables that determine what your Leverage is, ( the amount you have to put up yourself,  'skin in the game'). 

You are able to receive 70%-90% of the Purchase Price and 100% of the rehab. The only catch is that the Purchase Price and Rehab cannot equal more than 65% of the ARV.

So with your numbers, based on your ARV, the loan cannot exceed $311,350. I am not sure how many houses to have rehab, or if you have a GC license or RE License, those would affect your total downpayment . If your rehab cost are set in stone then you would need about 75% leverage. So depending on your leverage, depends how much to need to cover. The higher your leverage the better rate

I would love to discuss this futher and kait ensure you properly understand. 

Let's Connect and PM me.

Post: Seeking Private Money for Quick Flip in West Michigan

Coral HernandezPosted
  • Lender
  • Posts 126
  • Votes 77

Hey Ryan,

   We would like to help you with this acquisition. This is right up our alley, and we can close quick. Email me please [email protected] 

@Andres Aparicio

We specialize in Multi family units for lending. Email me at [email protected] 

There are no upfront fees or cost. Check out our reviews. We Lend LLC

Post: Private Hard Money Lending

Coral HernandezPosted
  • Lender
  • Posts 126
  • Votes 77

We provide Hard Money Lending at base rate of 8.5%. 620 Credit, 2pt origination, No W-2's required.

Our programs include: 1) Fix&Flip 2)Rentals 3) Small Commercial 4) Ground Up Projects 

We do not bait and switch, and NO upfront cost or fees or application fee. 

All cost are outlined in the beginning of lending process and will NOT change at the closing the table. We thrive off our reputation. We also will work your deal, hand and hand to the finish line.

Test us out; Put our money where are mouth is, you will be happy you did.

PM me for more details 

We Lend LLC

(646)-545-9327

Post: Looking for Accredited Investors/Private Financing

Coral HernandezPosted
  • Lender
  • Posts 126
  • Votes 77

Hey Trenton,

    Multifamily Units are an area of interest to us as well. We would like to further discuss this and speak about our different experience(s) in this sector. 

Let's Connect!