All Forum Posts by: Eddie Reid

hello Raphael, ed reid here,i welcome the oppty to fund your loan ,based on the size of the property, we can be at an 80% ltv,and we should be able to give you a rate in the 4 to 6% area,you can visit our website at capitalinfusiongroup.com,you can also call or text me at 240 552-1656,email is [email protected]

hello ken I do ground up construction for single family ,residential development ,and commercial development ,our website is capitalinfusiongroup.com,you can email me any questions you might to [email protected],you can reach me at240 552-1656  

I greatly appreciate your response,you can email or call or test me to schedule a  time and day that good for you .ph.is 240 552-1656,email is [email protected],you also can visit my website at capitalinfusiongroip.com,we are currently in the process of updating it  

hello chad I agree with antione,if you can get a better rate of return on your investment capital investing out of state as opposed to your current locality make the change, another criteria you may want to use for selecting to invest out of state is that if you can investment your capital and recoup your initial investment in 90 days that is an attractive feature to consider investing in that locality ,and the unique thing about this is that you can be an absentee owner 

hello  steven you will be able to  obtain a refinance at 80% ltv,the rates based on your credit should be in the 6% area  

hello Andrew ,fortunately the lending guidelines are very relaxed in todays real estate climate,their are stated income loans available  

Hello jennifer ,fortunately the lending community in todays economy is very laxed, so you will not have a problem  getting financing ,the heartburn that may come into play are the rate and terms

I know many of you may think how can you do that ,well fortunately  we happen to be in an extremely relaxed lending environment ,ive been in this business for 30 years and this is only the 2nd time i;ve seen real estate lending this relaxed ,for you old timers ,i know you can remember when their was no seasoning of title , in that period i was able to acquire 20 properties in 6 months ,moving right along ,heres the formula 1) find a property that needs a rehab in a b or c+ neighborhood,determine that after the rehab you will be at a 65 to 70% arv,next after you've acquired and rehabbed the property refinance it ,heres the example ,$45,000 purchase ,$30,000 rehab ,finished value $125,000,now you have a couple of options,you can refinance the property in 30 days at a 70% ltv,or you can refinance it later at an 80% ltv in 90 days,,using the example at 70% your cash out is $87,500,lets assume that your settlement costs were $8000 per transaction for the intial purchase and refinance,this equals $16,000 ,your cash out is $12,000,which leaves your out of pocket at $4000,this would be your total outlay,assuming that you rented the property and had net revenues of $500 a month your total return yearly would be $6000 monthly,your roi is 50%,now if your roi wasn't this high ,let say 30% annual return ,i don't think you would be too mad ,however you have another option and if you are not in a hurry you can refinance in 90 days at 80% ,when you refinance your cash out would be $125,000x80=$100,000-$75,000=$$25,000-$16,000 would be $9000,,so the $64,000 question would be how much did this really cost you,rinse and repeat this formula over and over  and you will be a happy camper              

hello mitchell,ed reid here ,as it pertains to refinancing ,thats a good idea 1st of all  you will be able to pull some cashout and hopefully reinvest it in another project,being that you developed some expertise in your intitial remodeling efforts,this in my opinion has set the stage for  you to start building your real estate portfolio ,the lending environment is very laxed meaning you can acquire financing for  real estate investment , there are some tremendous financing program that allows you to acquire property to rehab and flip it or keep the property as a rental,and the really exciting part is that when you refinance the property you will be able to recoup all or the vast majority of  your initial capital,utilizing this technique will allow you to realize massive cashflow because you will repeat this formula over and over.have a great day everyday doing it gods way!

hello Matthew,Ed Reid here,i welcome the oppty to provode financing for you ,you can visit my website at capitalinfusiongroup.com,if you would like to move forward with financing ,you can email me your contact info to [email protected],i will send you my stip sheet as to what i would need to get you approved ,my contact # is 240 552-1656,have a great day every day doing it gods way