We’re funding fix and flips up to 70% ARV in many states. Depending on the strength of the file if you can fit the purchase price, cost of rehab, closing costs and points under 70% then you may have a no money down deal. 10% down is possible for first timers. Terms are 6 to 24 months, 9.99 to 15% rates, and 5 to 6 points. Min loan amount is $100K. Lower loan amounts on a case by case basis.
Credit may or may not be an issue but we do need a credit report, which the borrower may supply to us. Note that some of my capital sources require a PFS and others require a residential loan application. An executive summary, which we supply, is required and gives us an overview of any project you wish us to fund. A schedule of real estate is needed from those who own multiple properties.
The following items are also required:
+ Purchase agreement and listing info if applicable
+ Pictures
+ Scope of rehab needed
+ Property tax info
+ Comps
+ Credit report within the last 30 days
+ We prefer verification of previously rehabbed projects. Please supply HUDs showing purchase and sale as well as a letter detailing experience. Exceptions made on a case by case basis.
100% funding is available in the following states: IL, IN, NC, SC, TN, MO, PA, OH, NY, CT, NJ, DE, & VA
Credit requirements may apply for 100% funding.
Please contact us at commercialloanprovider@gmail.com if you wish us to review a project or apply.
I’m interested in getting back into rehabbing properties.
Hello Michael, I will send you an email to discuss how we may assist you in meeting your goals.
Looking forward to speaking with you about hard money loans.
I’m looking for a lender to fund fix & flips in New York & other areas.
Please send me info on getting start with you Tom!
Thank you & God bless you!
Interested in home purchase rehab funding.
Interested in your residential loan programs. We are in CT. Thanks.
Thanks for your interest Eileen. I just emailed program info for your state.
what are the case by case requirements on loan amounts lower than 100k? There are many of these in my state
I am interested in purchasing multiple properties that cash flow, do you consider these deals?
Hey Bryan, I just emailed info to you regarding our requirements for loans under $100k. Yes, we can fund multiple cash flowing properties. I hope to speak with you soon!
I noticed that you lend in MA. Does that include the
Residential Purchase/Rehab Loan Program? Thanks.
Yes Rocky, we do Purchase/Rehab loans in MA. Thanks
Hi, I am interested in investing in a commercial property here in Ohio. I had a few questions to ask you before i fill out the online application. Please give me a call. Thanks!
I am interested in your funding for purchase and rehab in IL
Hey Reuben, I just sent you an email. We have some great programs for IL!
Looking at rehab loan info in Columbus Ohio.
Thanks
Hello Eric, we have loan programs specific to Ohio and I just emailed info to you. Please contact me if you have any questions. Thanks!
Greetings Tom . . .
I am interested in rehab loan information for the Columbus, Ohio area . . .
Thanks!
Hey Ronnie, on 2-16 I emailed info to you on our purchase and rehab loan programs. Hope to talk soon!
Looking for residential rehab loan programs in Washington State. I would ideally like to have a line of credit but am interested to know what else you offer for Washington State.
Hey DJ, we have hard money loans available in WA for purchase and rehab. I will email info to you on the Hard Money and the Unsecured Line of Credit program. Let’s talk after you have had time to review them. Thanks for your interest!
Do you provide purchase and rehab loans in Nebraska and I would like to know as well about amounts under a 100k.
Yes Dave, we provide Hard Money Loans in NE and under the right circumstances we can go below $100K. I have sent you an email outlining the program and look forward to speaking with you.
Tom, I am interested in purchasing self supporting properties with very little rehab needed. These properties are under 1
$100k though. Can you help?
Do you loan out rehab and flips in the ga area?
Hey Matt, thanks for the inquiry, yes we do lend hard money on rehab and flips in GA. I’ll send you an email some more info. Thanks!
Hey Dave, we can lend under $100K under the right circumstances. You and I spoke in mid March, I will email the info to you again. Thanks for getting back in touch.
Hi,
Very interested in funding for fix and flips.
Would greatly appreciate contact.
Thanks
RS
Hey Raphael, I just emailed an overview with some attachments for your review. Please call be so that we may review. Thanks
I am very interested in rehab programs in kansas city I Would greatly appreciate contact
Hello Johnson, I just sent you an email with an overview of our Hard Money program in KC. I also have a no doc option in KC. Please review and get in touch. Thanks
I can usually fit my deals with purchase, rehab and points in under 50% of the ARV in Ohio. Will my credit play any part in underwriting for a file like this and what will I have to bring to the table? Can you loan in the NE Ohio areas like Cleveland, Akron and Canton?
Hey Dave, it was great to meet you at the MVREIA meeting the other night. I emailed the info to you a few days ago. Please let me know if you have any questions.
Hey Dave, I have specific hard money for Cleveland, Akron and NE Ohio areas. We will look at credit but it is not necessarily the determing factor. I have some updated info to send you since we last spoke. Check your email for it. Thanks