Property Details Beds9Baths.3Square Ft.3125WaterPublicRooms15Sewer/ SepticPublicFuelOilYear Built1920HeatingHWParkingNoneTransaction Type Cash out refinanceAppraised Value $150,000Loan Amount $112,500Loan Type Single Rental – 30 Year Fixed RateInterest Rate 7.625%Loan to Value 75%Property Type 3 FamilyInvestment Objective Passive Rental
Property Details Beds4Baths.2.1Square Ft.1,776WaterPublicRooms7Sewer/ SepticPublicFuelGasYear Built1972HeatingFWAParkingNonePurchase Price $205,000Loan Amount $178,000% of Purchase Financed 90%% of Construction Financed 90%Investment Objective Fix/Flip to RetailLoan Product Fix/Flip Single Loan% of After Repair Value Financed 70%Interest Rate 9.90%Property Type Single Family
Property Details Beds8Baths.4Square Ft.13,400WaterPublicRooms16Sewer/ SepticPublicFuelElectYear Built1980HeatingFWA, Central Air ConditioningParkingOnSite, DrivewayPurchase Price $133,000Loan Amount $112,500% of Purchase Financed 85%% of Construction Financed 0%Investment Objective Fix/Flip to RetailLoan Product Fix/Flip Line of Credit% of After Repair Value Financed 75%Interest Rate 8.49%Property Type 4 Unit
Property Details Beds5Baths.2Square Ft.2815WaterPublicRooms9Sewer/ SepticPublicFuelGasYear Built1877HeatingHwbbParkingDrivewayTransaction Type Cash out refinanceAppraised Value $200,000Loan Amount $150,000Loan Type Single Rental – 30 Year Fixed RateInterest Rate 6.50%Loan to Value 75%Property Type 2 FamilyInvestment Objective Passive Rental
Property Details Beds4Baths.2Square Ft.5000WaterPublicRooms8Sewer/ SepticPublicFuelGasYear Built1955HeatingHwParking1 car garageTransaction Type Cash out refinanceAppraised Value $200,000Loan Amount $150,000Loan Type Single Rental – 30 Year Fixed RateInterest Rate 6.500%Loan to Value 75%Property Type 2 FamilyInvestment Objective Passive Rental
Property Details Beds6Baths.4Square Ft.2400WaterPublicRooms10Sewer/ SepticPublicFuelGasYear Built1909HeatingFwa/CacParkingNoneTransaction Type Cash out refinanceAppraised Value $195,000Loan Amount $146,250Loan Type Single Rental – 30 Year Fixed RateInterest Rate 7.00%Loan to Value 75%Property Type 2 FamilyInvestment Objective Passive Rental
Property Details Beds4Baths.2.1Square Ft.10128WaterPublicRooms9Sewer/ SepticPublicFuelGasYear Built2004HeatingFAU/CentralParking3ga 3dwPurchase Price $385,400Loan Amount $301,000% of Purchase Financed 78%% of Construction Financed 0%Investment Objective Fix/Flip to RetailLoan Product Fix/Flip Line of Credit% of After Repair Value Financed 70%Interest Rate 8.99%Property Type Single Family
Property Details Beds4Baths.2.1Square Ft.GLA 2984WaterPublicRooms9Sewer/ SepticSepticFuelGasYear Built1971HeatingFWA, Central Air ConditioningParking2ga 4dwPurchase Price $340,000Loan Amount $406,411% of Purchase Financed 80%% of Construction Financed 95%Investment Objective Fix/Flip to RetailLoan Product Fix/Flip Line of Credit% of After Repair Value Financed 70%Interest Rate 9.99%Property Type Single Family
Here's a great example of the power of our single rental loan. Its a 30 year fixed rate so you can tuck the property away in your portfolio and watch it cash flow for the rest of your life. The best part is that unlike conventional loans, no personal income or tax returns are required to qualify. You can take title in the name of your LLC. The loan does not report to your personal credit history. Rather, it builds credit in the name of your LLC. In this case, our client was able to do a cash out refinance, pay off their hard money lender and move his equity into...
We recently funded this awesome deal for an amazing and bright client. This is almost a complete tear down leaving only one existing wall. A new foundation will be dug and poured. Replacing the old house will be a brand new Colonial approximately 3116 sq. ft. This little gem is surrounded by colonials with prices 3 times what our client paid for the existing home. Despite many set backs and some close calls, we never gave up; always working in our with our clients best interests at heart. Due diligence and hard work does pay off. W...
