Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Sean Richway

Sean Richway has started 189 posts and replied 1162 times.

Post: Looking for Private Money Lenders to Invest in our 2 Flip Projects

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

@Marco Chaidez  I didn't get a DM from you.  Can you resend or you can email me directly at [email protected]

Post: Construction Lender Recommendations

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

@Courtland Bernard  

We would take a look at this. Direct lender and we make fast decisions, no time wasting. Up to 90% LTC with rates starting at 10.50%. We allow the borrower to secure their own appraisal as well.

Post: Up to 90% LTC on Flips and Ground Up w/ 500 Min Credit & Up to $10M Loan Amount

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

We are excited to announce our new Jumbo Bridge Program with loan amounts up to $10M on residential 1-4 unit properties. We can allow first time borrowers with no experience as well as FICO's as low as 500. We are lending nationwide and in most cases can allow the borrower to source their own appraisal. Direct lender and we make fast decisions, no time wasting. Feel free to PM me or email me at [email protected].

Post: Up to 90% LTC on Flips and Ground Up w/ 500 Min Credit & Up to $10M Loan Amount

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

We are excited to announce our new Jumbo Bridge Program with loan amounts up to $10M on residential 1-4 unit properties. We can allow first time borrowers with no experience as well as FICO's as low as 500. We are lending nationwide and in most cases can allow the borrower to source their own appraisal. Direct lender and we make fast decisions, no time wasting. Feel free to PM me or email me at [email protected].

Post: Looking for lending partner for auction property in DuPage, Will, and Kane County

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

@Syed Abidi  

We would take a look at this. Direct lender and we make fast decisions, no time wasting. Up to 90% of purchase and 100% of rehab with rates starting at 8.75%. We allow the borrower to secure their own appraisal as well.

Post: Looking for Private Money Lenders to Invest in our 2 Flip Projects

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

@Marco Chaidez  

We would take a look at this. Direct lender and we make fast decisions, no time wasting. Up to 90% of purchase and 100% of rehab with rates starting at 8.75%. We allow the borrower to secure their own appraisal as well.

Post: Up to 90% LTC on Flips and Ground Up w/ 500 Min Credit & Up to $10M Loan Amount

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

We are excited to announce our new Jumbo Bridge Program with loan amounts up to $10M on residential 1-4 unit properties. We can allow first time borrowers with no experience as well as FICO's as low as 500. We are lending nationwide and in most cases can allow the borrower to source their own appraisal. Direct lender and we make fast decisions, no time wasting. Feel free to PM me or email me at [email protected].

Post: Up to 90% LTC on Flips and Ground Up w/ 500 Min Credit & Up to $10M Loan Amount

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

We are excited to announce our new Jumbo Bridge Program with loan amounts up to $10M on residential 1-4 unit properties.  We can allow first time borrowers with no experience as well as FICO's as low as 500.  We are lending nationwide and in most cases can allow the borrower to source their own appraisal.  Direct lender and we make fast decisions, no time wasting.

Post: Private Money lender - potential costs/fees?

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

@Tasha Smith

I would keep an eye out for any upfront fees as I would be very cautious to pay those. Typically the only fee a lender will ask for is an appraisal fee, that is typically paid directly to the AMC though not the lender. As far as closing costs go, see below:

-Title fees
-Title insurance
-Hazard Insurance
-Lender's closing fee, underwriting fee, or any other flat fee they charge
-Origination fee
-Attorney fee (if the property is in an attorney state)
-Doc fee for closing docs
-Prepaid interest through the end of the month you are closing
-Recording and transfer fees on title

That will cover most of your normal closing fees.  You may have some one offs if there are backdue water/sewer charges or back due real estate taxes as well.

Post: FRAUDSTER ALERT... watch out for Justin Nguyen in Florida. BE CAREFUL LENDERS!!

Sean Richway
Lender
Posted
  • Lender
  • Chevy Chase, MD
  • Posts 1,299
  • Votes 136

@Kelly Dubel  Sent you a PM here as well regarding getting the investigator's information from you.  I believe Justin contacted us or someone who is working the scam with him.