All Forum Posts by: Jim Lally

HI @Jon Kelly we have access to over 100 commercial lenders nationwide.  We do all types of commercial real estate loans nationwide for all commercial property types. 1. bank loans (conventional and SBA loans), 2. bank alternate stated loans (these lenders are not banks and borrowers do not need to submit tax returns to qualify for these types of loans). On the Temporary Side we do: 3. Renovation loans (for 1-4 unit investment properties and commercial properties), Bridge Loans (for 1-4 unit investment properties and commercial properties) and construction loans (for 1-4 unit investment properties and commercial properties).

Please contact me at your earliest convenience to discuss further.  I can be reached at [email protected] or 877-957-4357 x709

Hi @Juan Ayala Please contact me at your earliest convenience to discuss your situation in further detail.  We have access to over 100 lenders nationwide with a variety of bridge type loans.  I can be reached at:  [email protected] or call 877-957-4357 x709. 

Look forward to hearing from you!

Jim

@Uriah D.  We may be able to assist.  Please contact me to discuss further at [email protected] or 877-957-4357 x709

HI @John Prince We have a pogrom that lends up to 90% purchase price with rates up to 12%. Rehab costs are covered up to 100% depending on your experience.  Please contact me to discuss in further detail.  I can be reached at 877-957-4357 x709 or [email protected]

I look forward to hearing back from you!

Hi @Jared Vidales I may be able to assist you. We have a program that will lend up to 90% of the purchase price, up to 80% LTV and 100% rehab costs. This would be dependent on your experience and credit. Please contact me at [email protected] or 877-957-4357 x709 to discuss your project in greater detail.

I have not attended this REI meetup before and I look forward to meeting everyone.

Jim

Hi @Dan K.  We actually specialize in helping borrowers who have credit issues.  We are a super wholesaler and not a direct lender.  We have a nationwide network of over 100 lenders and have bank alt types loan programs that are designed to accommodate borrowers such as yourself. 

Please contact me at your earliest convenience to discuss further.  I can be reached at [email protected]  or 877-957-4357 x709.  I look forward to hearing from you!

Jim

@Hunter Gunnells We do not lend less then $100k but if they are looking to refinance more then one property where the total would exceed $100k I know we have some great bank alternative lending programs.  Are they looking for cash out as well?  Please feel free to reach out anytime to discuss further. 

 I can be reached at:  [email protected] or 877-957-4357 x709

@Rasheema Abduls-Salaam We have a program that will lend up to 90% of the purchase price and cover 100% of rehab costs. Max rehab costs are capped at either $150k or $500k depending on the borrowers experience. LTV up to 80% depending on borrower's experience. Still a very good program! Very low fees and FICO scores as low as 500 to qualify! Prequalification in 5 minutes and loan closing within 15 business days. 12 month interest only term with no prepay penalty. Properties that qualify include: SFR, 2-4 units, Townhomes and PUDs. Loan range is $75k to $1M.

Please contact me at:  [email protected] or 877-957-4357 x709 

This is a revised post to one I had up for the past few days that read:  

New Bridge/Rehab Program with up to 90% LTV! My intention was to say LTC not LTV which was causing some confusion. This program will lend up to 90% of the purchase price and cover 100% of rehab costs. Max rehab costs are capped at either $150k or $500k depending on the borrowers experience.  LTV up to 80% depending on borrower's experience.  Still a very good program!   Very low fees and FICO scores as low as 500 to qualify!  Prequalification in 5 minutes and loan closing within 15 business days.  12 month interest only term with no prepay penalty.  Properties that qualify include:  SFR, 2-4 units, Townhomes and PUDs. Loan range is $75k to $1M. 

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

Please feel free to contact me if your interested in learning more.  I can be reached at [email protected] or 877-957-4357 x709.  Thanks and I look forward to hearing from you!

Jim Lally