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All Forum Posts by: Kevin Dureiko

Kevin Dureiko has started 118 posts and replied 221 times.

Post: Flip Funding up to 90/100

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

Fix and Flip funding 90/100

Purchase and Rehab (12 months) 

Guidelines & Pricing:

Loan Amount: $75k-$3M

LTV of Purchase price: up to 80% for new investors 650 FICO MIN or 90% LTV for experienced investors (3+ properties held or purchased within 36 months 680 FICO MIN)

LTC of Rehab amount: 100%

Max Loan to ARV: up to 75%

Minimum As-Is Appraised Value: $50k

Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)

Term: 12 months

Rate: Starting at 8.99%

Points: Vary based on loan amount

Credit Score: 650 Minimum

No pre-payment penalty

Can refi to 30 year term for buy and holds

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST

Post: Fix and flip 80% new investor 90% experienced w/ 100% rehab

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

Fix and Flip funding 90/100

Purchase and Rehab (12 months) Guidelines & Pricing:

Loan Amount: $75k-$3M

LTV of Purchase price: up to 80% for new investors 650 FICO MIN or 90% LTV for experienced investors (3+ properties held or purchased within 36 months 680 FICO MIN)

LTC of Rehab amount: 100%

Max Loan to ARV: up to 75%

Minimum As-Is Appraised Value: $50k

Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)

Term: 12 months

Rate: Starting at 8.99%

Points: Vary based on loan amount

Credit Score: 650 Minimum

No pre-payment penalty

Can refi to 30 year term for buy and holds

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST

Post: How Many RE Investors are Engineers?

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

@Adam Zach Also an engineer for a under ground utility developer.

Post: Direct Fix & Flip Loans 90% Purchase 100% rehab

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

Purchase and Rehab (12 months) Guidelines & Pricing:
Loan Amount: $75k-$3M
LTV of Purchase price: up to 80% for new investors 650 FICO MIN or 90% LTV for experienced investors (3+ properties held of purchased within 36 months 680 FICO MIN)
LTC of Rehab amount: 100%
Max Loan to ARV: up to 75%
Minimum As-Is Appraised Value: $50k
Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)
Term: 12 months
Rate: Starting at 8.99%
Points: Vary based on loan amount
Credit Score: 650 Minimum
No pre-payment penalty

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST

Post: Fix and Flip Up-to 80%pp 100%rehab

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

Below you will find our flip product

- Loan Amounts: $100,000 to $3,000,000

- Loan to Value: up to 85% of Purchase Price & 100% of Rehab

- Interest rates: Varies 9.99%-11.99%

- Loan Term: 12 months

- Payments: Interest only monthly

- Lien Position: First Only

- Prepay: none

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VT, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST

Post: Quick 24 month purchase, cash out or refi for 1-4 units NO REHAB

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

We've rolled out a new product to help investors needing to purchase, refi or cash out during these unprecedented times. This product does NOT allow for any rehab. We have a Fix and Flip product for those deals. This program is 24 months interest only to allow for quick purchases and stabilization for your properties.

Bridge Loan / No Rehab or deferred maintenance.

24mo Bridge Product

8.99% / 24 months / 75% LTV if FICO above 700, then decreases LTV by 5%.

Great stabilization product

Upto $3,000,000

- Payments: Interest only monthly

- Lien Position: First Only

- Prepay: none

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VT, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST

Post: Fix and Flip Up-to 80%pp 100%rehab

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

Below you will find our flip product

Up to 80% of Purchase Price & 100% of Rehab Cost to 75% of ARV:

- Loan Amounts: $100,000 to $3,000,000

- Loan to Value: up to 85% of Purchase Price & 100% of Rehab

- Interest rates: Varies 9.99%-11.99%

- Loan Term: 12 months

- Payments: Interest only monthly, no interest reserve required

- Lien Position: First Only

- Prepay: none

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VT, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST

Post: 1-4 Unit Rental Financing Purchase Refi Cash Out

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

Hello all! 

Private lender offering 1-4 unit financing for rental properties. 

All properties are individually underwritten at this time. 

Please reach out:

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VT, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST

Post: Fix and Flip Loans up to 75% of purchase

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

Hello BP community! Here are the details on our fix and flip program.

We’re a lender based in Avon, Connecticut.

You'll enjoy senior level, private client attention and the experience gained over thousands of deals.

We welcome new and seasoned investors.

Below you will find our flip product

Up to 80% of Purchase Price & 100% of Rehab Cost to 75% of ARV:

- Loan Amounts: $100,000 to $3,000,000

- Loan to Value: up to 85% of Purchase Price & 100% of Rehab

- Interest rates: Varies 9.99%-11.99%

- Loan Term: 12 months

- Payments: Interest only monthly, no interest reserve required

- Lien Position: First Only

- Prepay: none

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VT, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST

Post: Apartment bridge loans 8.99

Kevin DureikoPosted
  • Lender
  • Bolton, CT
  • Posts 253
  • Votes 88

@Martin Ruiz

Martin, let’s discuss. Shoot me an email [email protected]