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All Forum Posts by: Greg Anderson

Greg Anderson has started 133 posts and replied 198 times.

Post: Only 15% Down Payment For New Flippers

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

Yes. We lend in Michigan. You can contact me directly at [email protected]. BiggerPockets doesn't let us post an e-mail address. This is fine or the e-mail, Thanks.

Post: Only 15% Down Payment For New Flippers

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

We fund flip loans with only 15% of the purchase price down payment needed. We fund 100% of the rehab budget. No experience necessary. Better terms if you have flip experience. $100,000 minimum loan amount. Payments are interest only. You have 12 months to complete your project and sell the property, or keep it as a long term rental with a DCSR loan. No prepayment penalty on the flip loan. We lend in 45 states. Rehab budget has to be reasonable. Not more than 35% of the purchase price. Contact us here in BiggerPockets or our website at Primeloansnow.com.  

Post: Flip Loans With Only 15% of Purchase Price Required

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

We fund fix and flip loans in most states. Up to 85% of the purchase price is offered for new flippers. More for experienced flippers. We fund 100% of the rehab budget. 12 months interest only payments. We offer a virtual inspection as opposed to an appraisal in most circumstances. Can close first loan in 2 weeks. Can close 2nd, 3rd and 4th loan in a few days. No prepayment penalty. Contact us here on BiggerPockets or our website at Primeloansnow.com. 

Post: Cash Out Refinance Of Your Rental Property With No Tax Return Required!

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

We fund cash out refinances of rental property. Only use rents to qualify. 680 score required. Up to 75% cash out Loan to Value. We fund in 45 states. $75,000 minimum loan amount. $5 million maximum. No tax returns needed. Use rents to qualify. SFH, condo, townhome, multifamily, commercial (5 unit and up) all accepted. Contact us here on BiggerPockets or our website at Primeloansnow.com.

Post: Use Rents Only To Qualify For Investor Loans

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

We fund investor loans with no income required. Appropriate for long term hold properties. Residential or commercial. Cash out refinance available for existing property. Purchase loans up to 80% loan to value. No tax return needed. Appraiser determines the rents. Prepayment penalties always apply. Lending in 45 states. Loans amounts as low as $75,000. Credit as low as 650. Contact us today here on BiggerPockets or our website at Primeloansnow.com.  

Post: Long Term Hold Refinance and Purchase Loans Available

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

20% but we have seen a little lower in some cases. Never 0 down payment.

Post: Long Term Hold Refinance and Purchase Loans Available

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

We fund long term hold loans with no tax return or income required. We use rents to qualify. Low Rates! NOT hard money. Residential or commercial. 30 year fixed rates available. Cash out to 70% loan to value. Prepayment penalties apply on these long term loans. Fully amortized payments reducing principal monthly. Lending in most states. $75,000 minimum loan amount. Contact us here on BiggerPockets or our website, primeloansnow.com.

Post: We Fund Land Loans in 50 States

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

We fund land loans in 50 states. These loans are available for either agricultural land or for land purchase for development. Long term rates are available or bridge loans as well. Agricultural loans are for farms, ranches, horse property, vineyards, hobby farms, etc. Some ag income is required to fund these loans. Ag loans are normally long term. Cash out refinance available as well as purchase. Ag loans are $500,000 and up. Development loans can be for any size and amount. Prefer $1 million and up but will consider lower amounts on a case by case basis. Development land loans are short term bridge loans for 1-2 years. We do not fund the development project. Contact us here on BiggerPockets or our website at Primeloansnow.com.  

Post: Fix and Flip Loans Funded in 45 States, No Tax Return Required

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

We fund fix and flip loans in 45 states. 100% of the rehab is funded. Up to 90% of the purchase is funded. We will work with new flippers. Interest only payments for 12 months. Terms are based on experience. The more flips you have completed in the last 3 years, the better the terms. $75,000 minimum loan amount. No income statement is required to qualify. Down payment $ is sourced but not seasoned. Easy application and rehab template to fill out. Contact us here on BiggerPockets or our website at primeloansnow.com.   

Post: Long Term Rental Loans Requiring No Income or Tax Return

Greg Anderson
Pro Member
Posted
  • Denver, CO
  • Posts 199
  • Votes 21

We fund long term hold rental property loans with no tax return or income required. We use rents to qualify. We lend in 45 states. Cash out up to 70% loan to value is available. Very reasonable interest rates. 30 year fixed. Pre payment penalty is required. Residential or commercial. Single family home, condo, townhome, 2-4 unit, multifamily. NOT HARD MONEY! $75,000 minimum loan amount. Contact us here on BiggerPockets or our website at Primeloansnow.com.