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All Forum Posts by: Zuka Castillo

Zuka Castillo has started 1 posts and replied 9 times.

Post: Financing a fix and flip

Zuka CastilloPosted
  • Lender
  • 19495 Biscayne Blvd Ste 801 Miami, FL 33180
  • Posts 11
  • Votes 1

Hello I could help you with a fix’n flip loan.

To apply is easy, you just need to have a minimum credit score of 620 if higher better, you need to have at least 25% to buy, you need to have a company and if you don’t have experience for your first deal you would need to do the renovations with a general contractor.

Our terms are 80% LTC or 70% ARV, the rates are 10.75%, no prepayment penalty, 12 months, our origination is 1.5% + underwriting fee of $1500 and legal fee of $1250 plus appraisal and title fees.

Please let me know if you need terms for an specific deal, I’m happy to help!

Best,

Zuka Castillo

Post: Looking for private lenders in Atlanta

Zuka CastilloPosted
  • Lender
  • 19495 Biscayne Blvd Ste 801 Miami, FL 33180
  • Posts 11
  • Votes 1

Hi Jedd nice meeting you, my name is Zuka Castillo I work in RBI Private Lending and I would definitely think at RBI we can help you find future deals.

Our loan programs are:

  • Bridge loans
  • Fix'n flip lender &/or borrower funded
  • Construction ground up
  • Rental loans
  • Commercial loans

We have our own funds and in house underwriting and we have the ability to close fast and make exemptions no regular bank could do. We can work nationwide, except for 9 states.

Please let me know if there is any deal I could help you quote and work together.

Thank you and have a nice day.

Post: Miami New Constructions: Brickell/Downtown/Miami Beach/Edgewater

Zuka CastilloPosted
  • Lender
  • 19495 Biscayne Blvd Ste 801 Miami, FL 33180
  • Posts 11
  • Votes 1
Quote from @Account Closed:

Hey!

Looking for an opinion from non-bias people (such as brokers who are pushing a specific product) about new construction projects in Miami. 

Which are the best ones that are still early adopters pricing, have a good potential for upside, and can generate 5-6% rent income.

Tell me why each of the areas are better than the other, and how do I choose?

1.5M Budget

Thanks :)

Hi Daniel nice meeting you!

Some of the hot areas for rent are edgewater, brickel, Wynwood and Doral just to mention a few.

And if you are looking to invest in construction and looking for good opportunities I have two projects located in hot areas that you could be interested in. If you want more info send me a message and we can discuss more.

Best regards.

Zuka Castillo


Post: Private lenders wanted

Zuka CastilloPosted
  • Lender
  • 19495 Biscayne Blvd Ste 801 Miami, FL 33180
  • Posts 11
  • Votes 1

Hi Duece nice meeting you! My name is Zuka. 

Nice you have a lot of experience!

I work in a Private lender and the products we offer are bridge loans, fix'n flip (with your experience we can give you 90% LTC) ground up construction and we can also do commercial loans and DSCR loans.

And I'm also an MLO for residential loans and can also offer FHA, Conventional, VA, USDA, No ratio, bank Statements loans and a few more options! All depends on what the client is looking for and qualifies.

Let me know if you would like terms for any upcoming deal you may have, I would be happy to assist!

Post: Hard Money Lender

Zuka CastilloPosted
  • Lender
  • 19495 Biscayne Blvd Ste 801 Miami, FL 33180
  • Posts 11
  • Votes 1
Quote from @Aarielle Pannesi:

Hi,

I found a property in SC that im looking to acquire as an investment but I think hard money is the best way to go about this property is anyone interested in hearing about this deal and possibly working something out?


 Hi @Aarielle Pannesi I could also help you if you are still looking for options, or I could just give you terms and you can compare what’s the best option for you? 

Let me know if this sounds good to you? If you you can send me a message and I will be happy to assist you with your lending needs!

Best,

Zuka Castillo
 

Post: I need to connect with investors and or realtors

Zuka CastilloPosted
  • Lender
  • 19495 Biscayne Blvd Ste 801 Miami, FL 33180
  • Posts 11
  • Votes 1
Quote from @Bob Stevens:
Quote from @Zuka Castillo:
Quote from @Bob Stevens:
Quote from @Zuka Castillo:

Hello Bob in what city are you looking to invest?

Hello Bob, yes I am but we as lender give financing on hard money loans as bridge loans, fix’n flip and ground up construction nationwide.


Your in Miami   Not MISSISSIPPI  


I appreciate it but I have unlimited amount of funds and deals . Thank you 

Great 😊 best of luck! 

Post: New lender in the community

Zuka CastilloPosted
  • Lender
  • 19495 Biscayne Blvd Ste 801 Miami, FL 33180
  • Posts 11
  • Votes 1

Hi my name is Zuka Castillo and I work in a private lender and I'm looking to connect with any investor looking for financing for any opportunities you may have.

Contact me if you have any deals or pricing!

Post: Introducing myself :)

Zuka CastilloPosted
  • Lender
  • 19495 Biscayne Blvd Ste 801 Miami, FL 33180
  • Posts 11
  • Votes 1

Hey nice meeeting you! 

And yes that's great way of starting to build your portfolio.

Have you ever considered other types of investment as flipping?

I work in a lender that we can fund nationwide in almost all states and if by any chance you want to start exploring this option I will be happy to help!

Post: I need to connect with investors and or realtors

Zuka CastilloPosted
  • Lender
  • 19495 Biscayne Blvd Ste 801 Miami, FL 33180
  • Posts 11
  • Votes 1

Hello Bob in what city are you looking to invest?