All Forum Posts by: Jonathan Casillas

                                                Fix and Flip Programs

Program #1

-90% of PP -100% of Rehab

-Up to 77.50% of ARV -Rates start at 7% I/O -3-4 points

-12 month term -No PPP

Available in the following states: AZ, CA, CO, CT, FL, GA, IL, MD, MI, MO, NC, NV, NY, OH, OR, PA, SC, TN, TX,VA, WA, and WV

Program #2

-80% of PP -100% of Rehab -12% I/O

-4 Points

-6-12 month term -No PPP

Available in NJ and surrounding areas

Program #3 

-75-85% of PP -100% of Rehab -12% I/O

-Up to 65% ARV -4-5 points

-12 month term

Nationwide except for NV, AZ, OR, and MN

Program #4

-100% of PP -100% of Rehab -13.9-14.9% I/O -Up

to 65% ARV -4-6 points

-No PPP

-12 month term

-Min credit score of 660 or higher Nationwide

Program #5

Lines of credit and loans from $50,000 -$7,000,000 (allowing you to purchase several properties within a 12 month period)

Fund lesser of 80% of Acquisition and Rehab Costs or 65% of After Repair Value (ARV) on Residential Properties (1-4 units). We fund rehab draws
Fund lesser of 75% of Acquisition and Rehab Costs or 60% of ARV on Multifamily Properties (5-30 units)
No application fee for credit line approval
Monthly payments are interest only
No prepayment penalty (3 months minimum interest)
Currently lending in approximately 48 states (exclusions include CA and NV)
We only lend on Non-Owner Occupied Properties
Borrower must have prior investment property experience
Experience: Borrower must have previously purchased at least 2 investment properties.
Liquidity: Cash to fund their equity requirement.
Minimum FICO 620.
Minimum Net Worth: $150,000.
We will evaluate substantial credit issues, foreclosures/short sales.
Borrower is free of significant open judgments and pending litigation.

Please feel free to contact me to get you started in one of our programs. 

Jonathan Casillas

Foxworth Commercial Capital Sales Director

www.foxworthcommercialcapital.com

O: 800.278.1239 ext. 700

C: (919) 901-0872

Conference Line1-302-202-1108 (156465)

Private Funding for Projects: $10 million to $5 billion

If at any point you look for debt financing for these builds please feel free to reach out. We have relationships with several lenders that love multi Family lending. 

A few questions... 

Do you have the deals under contract? If so you may try to wholesale one of them to another investor to pick up some of your money for another deal. 

If that is not an options try friends and family with an open mind. The reasoning behind them giving you money would be an equity stake in the deal (this is assuming your flipping a house).  

We have several lenders with options for development financing. Please feel free to contact me. 

Respectfully Yours

Jonathan Casillas

Foxworth Commercial Capital Sales Director

www.foxworthcommercialcapital.com

[email protected]

O: 800.278.1239 ext. 700 

C: 919.901.0872

We fund $10M+ development projects worldwide!!

We offer 95%-97% financing for $10 million to $11+ billion development projects world wide (hospitals, hotels, skyscrapers ext). This is NOT EB5.

Requirements Include:

-Business plan

-Proof of funds for the 5%-3%

-Job creation and improvement of local economy,

-Proof of control of asset to be developed.

This is done through the creation and monetization of Bank Guarantees. BG can only be used for projects that create jobs and or improve infrastructure. Hence the development projects scope. They take 90-120 days to monetize.



Contact us for more information

Respectfully Yours

Jonathan Casillas

Foxworth Commercial Capital Sales Director

www.foxworthcommercialcapital.com

[email protected]
O: 800.278.1239 ext. 700

C: 919.901.0872

[email protected] 

 I would like to know how often you get these type of deals in Ohio?

Do you get these often? (single tenant)

I have been in the loan business for over 10 years. EB5 IS a option in development project financing. You want to make sure the person your dealing with has a track record of closing EB5. Knowing how and being able to deliver are two VERY different things. As a side note you might want to check into BG (bank guaranty) monetization as a different option. Each have there strengths and weaknesses to consider.

I would love to talk to her about designing my next set of logos. Please forward me her contact info. [email protected]

Lines of credit and loans from $50,000 -$7,000,000 (allowing you to purchase several properties within a 12 month period)

Fund lesser of 80% of Acquisition and Rehab Costs or 65% of After Repair Value (ARV) on Residential Properties (1-4 units). We fund rehab draws
Fund lesser of 75% of Acquisition and Rehab Costs or 60% of ARV on Multifamily Properties (5-30 units)
No application fee for credit line approval
Monthly payments are interest only
No prepayment penalty (3 months minimum interest)
Currently lending in approximately 48 states (exclusions include CA and NV)
We only lend on Non-Owner Occupied Properties
Borrower must have prior investment property experience
Experience: Borrower must have previously purchased at least 2 investment properties.
Liquidity: Cash to fund their equity requirement.
Minimum FICO 620.
Minimum Net Worth: $150,000.
We will evaluate substantial credit issues, foreclosures/short sales.
Borrower is free of significant open judgments and pending litigation.
If you meet the basic criteria above, lets set up a time to talk.


Respectfully Yours


Jonathan Casillas
Foxworth Commercial Capital Sales Director
www.foxworthcommercialcapital.com
O: 800.278.1239 ext. 700
C: (919) 901-0872
Conference Line 1-302-202-1108 (156465)
Private Funding for Projects: $10 million to $5 billion