All Forum Posts by: Jesse Goldberg

We're a father and son team specializing in the financing of non-owner occupied investment properties. We provide Mortgage Brokers, Borrowers, Investors and Real Estate Agents with funding for investment property acquisition and refinancing. We us our own capital in combination with our investors to provide a wide range of products, including:

- Fix & Flip
- Buy & Hold
- Rentals
- Mixed-use
- 20+ Units
- Commercial
- Hotels

We have a few new exciting programs to close out 2017 and welcome in 2018!

Our 100% occupancy rental program finances purchases or refinances up to 75% of as-is value for rates between 6.5 - 7.625%. See below or contact us for more details!

Commercial properties are on a case-by-case basis and we can provide up to 90% LTV on SBA approved properties through our private SBA product.

Call, text or email when you can, let's discuss your loan scenario.

Father & Son Lending

We're a father and son team specializing in the financing of non-owner occupied investment properties. We provide Mortgage Brokers, Borrowers, Investors and Real Estate Agents with funding for investment property acquisition and refinancing. We us our own capital in combination with our investors to provide a wide range of products, including:

- Fix & Flip
- Buy & Hold
- Rentals
- Mixed-use
- 20+ Units
- Commercial
- Hotels

We have a few new exciting programs to close out 2017 and welcome in 2018!

Our 100% occupancy rental program finances purchases or refinances up to 75% of as-is value for rates between 6.5 - 7.625%. See below or contact us for more details!

Commercial properties are on a case-by-case basis and we can provide up to 90% LTV on SBA approved properties through our private SBA product.

Call, text or email when you can, let's discuss your loan scenario.

Father & Son Lending

 I am fully aware of section 1026.24, but you are welcome to follow through with that, as we are in compliance. 

Yes, the SBA is backing the loan and only a couple of private lenders are currently doing it to my knowledge. 

 Thanks for your input, but we are completely within our rights to advertise as a lender for private money.

@Charlie DiLisio We absolutely do, the other half of our company (the father) is in Florida. Our minimum isn’t $100k for residential. 

@Joseph M. Yes, it's a similar program that banks offer, but we have made a private SBA product, meaning we take the position of the bank and capital and it is still backed by the SBA. The property can be non-owner occupied, but for owner-occupied properties, it is similar and does have the same 51% requirement. 

You can find some local lenders that know the area well, or you can go for more national lenders. I'd be happy to take a look at the scenario if you want to shoot me a message.

We're a father and son team specializing in the financing of non-owner occupied investment properties. We provide Mortgage Brokers, Borrowers, Investors and Real Estate Agents with funding for investment property acquisition and refinancing. We use our own capital to provide business purpose loans for clients that seek to:

- Fix & Flip
- Buy & Hold
- Rate & Term
- Cash Out & Refinance
- Bridge Financing
- Foreign National

We are also able to offer:

- Commercial
- Mixed use
- Up To 100% Ground-Up Construction

We have finalized our new PRIVATE SBA 504 program, allowing us to finance loans from $1m to $30m and can close in an average 30 days (as compared to 60-90 days of a typical SBA program). We cover up to 90% LTV for purchases and rates are between 5.25-5.5%. Points are from 2-4.5. This program also allows you to carry only one loan and reduce the time and possible expenses as compared the traditional program

We have no minimum credit score and calculate rates based off of FICO, experience, and property.

Call, text or email when you can, let's discuss your loan scenario.

Father & Son Lending

@John Spina jr I'd be happy to go over it with you and see which program fits best. If you'd like, give us a call or shoot me an email about the project. As far as in comparison to a 203k, private money lending works differently as far as where the capital is secured (it's not backed, it's private capital), but the structure of using funds for rehab is included as long a 1st lien is secured against the property.