All Forum Posts by: Oscar Lopez

 I have a rehab that will be finished this week and listed for $100K.  I need to cash out $50k so that I can continue working.  I'm offering 14% interest and should be repaid in 2-4 months.  If you are interested please let me know.  THANK YOU. 

Welcome to BP. I'm a new investor myself. I'm working on my 7 flip right now and closing on my eighth this week God willing. I have my own crew which makes rehabbing properties a breeze...sort of. Feel free to reach out if you are interested in partnering up on deals. Be well.

Hello, I'm seeking a $40k loan to rehab a property that has already been purchased and is currently rough in stage. I have my own crew so labor is at cost and work ONLY for me so this job will be done quickly and efficiently. If you are interested I am offering 15% ROI in less than six months GOD willing. Feel free to reach out with any questions or suggestions you may have. THANK YOU. Private Lender Hard Money North Carolina Lending

NC is an attorney state, all real estate closings must go through an attorney. ;)

Every firm is different. In my case I will use the MLS to purchase properties and will also list them after I rehab them so they will make on both the purchase and the sell.

I was in the same boat Johnny. I took the classes and the test. Now looking to sign up with a firm. I will use the license to list my own properties and have the ability to look at houses and submit offers on my own time and terms.

Hope all is well Folks and thank you for checking out my ad, with all due respect I am ONLY interested in individuals that have their own funds to lend.  Here is my scenario:

I have three properties that I need repairs funding for, two of them are free and clear or have zero liens and one currently has sellers existing mortgage. 

Property A:

Located in Graham, NC is a 3/1.5 1200 sq ft. and the LTV will be 29% Max.

Property B:

Located in Tazewell, Va is a 3/2 1400 sq ft. and the LTV will be 25%.

Property C: Located in Randleman, NC is a 3/1.5 1600 sq ft. on 5 Acres has an existing loan on it at 2.9% 10 year term with less than 7 years left on it and its current. The LTV on that one would be 55% but your loan will be a second lien.

Each property needs $20k-$30k in repairs ( MAX ) none of them have any major damages, all cosmetic.   

The total loan amount would be $60k-$90k.  Please feel free to reach out to me if you are interested in this mutual opportunity.  Thank You very much. 

I may be interested. Give me some details or feel free to reach out. Thanks.

My brother and I are as well if you gentlemen don't mind.

Try Limaonecapital.com ... they lend on the first deal. I believe its 12% and 3.5 points.  Remember that sometimes, especially in the beginning, you have to pay to play.  My suggestion is to have a local flipper mentor you on your first deal, give him a piece of the pie.  Even if you don't make a lot on your first deal you at least got started.