IDEAL FOR A REAL ESTATE INVESTOR WHO WANTS TO BUY AN UNDER MARKET VALUED PROPERTY, FIX IT UP AND THEN RESELL. WE FINAMDE THE PURCHASE OF A NEW PROPERTY PLUS GIVE 100% OF THE REHAB FUNDS! IN JUST 7-10 BUSINESS DAYS, WE CAN CLOSE A LOAN ON THE PURCHASE OF A NEW PROPERTY AND THEN FINAMDE ALL OF THE REHAB EXPENSES. THIS PROGRAM ALLOWS A REAL ESTATE INVESTOR TO COME UP WITH MINIMAL CAPITAL AND SAVE MONEY TO USE TOWARD THE NEXT INVESTMENT PROJECT.
Term: 6 to 12 Months
Loan Amount:$150k to $5M+
LTV: Up to 80% of the purchase price; (Not to exceed 75% of ARV)
Rebab: 100%
FICO: 620 (Lower by exception)
Property Types: Non-owner occupied 1-4 family residential