Lenders I work with are making loans for homeowners in foreclosure or default.
Bail Out Loans
They are very effective in assisting homeowners in foreclosure or Default in restoring their loan Situation.
65% L.T.V Cash out with Default or Foreclosure
Our Specialty loans
Bailout loan 65% L.T.V
2nd T.D. For Business Purpose up to 65% C.L.T.V
Land Loans up to 70%
Purchase Fix and Flip 90% with 100% Rehab.
1 Day in the Investment business no problem 80% L.T.V. Purchase.
1 Day on Title 70% L.T.V Refinance N/O/O
Gap loans are generally high interest, last option loans that may cost 12% + APR and more than likely will cost a chunk of your profit on the back end. Many lenders will ask for up to 50% of your profits.
Most lenders won’t gap behind another lenders loan. If you lack the funds for a down-payment but your deal has a lot of current or potential equity, you may persuade them to go up to 75% of the ARV or after repaired value. This would include funds for acquisition, rehab and holding costs such as interest payments, etc.
Gap loans can also be self-generated by way of unsecured credit lines, business credit lines or term loans.
Also EMD funding is available to assist in certain situations.
They provide capital based on an average of $10k monthly deposit and 6 months in the business. They can fund in as little as 5 days.
Residential, Multi-Family, Commercial, Specialty Properties and Land
Large or small, condo or townhouse, house or Mansion.
I got started in wholesaling by accident, I didn’t even know it was a thing!
Some nice ladies I won’t mention here, helped me get started in this business! I started wholesaling locally in San Diego, but the inventory dried up, leaving me to expand out to Los Angeles, Arizona, Florida, Georgia, and later nationwide. It started with single family fixers, then moved up to luxury homes and non-performing notes.
For many years I’ve earned a living helping investors locate fix and flip and rental properties. You don’t need any experience, you’ll learn as we go.
Before long, you’ll be using industry terms, working on a pipeline of deals and learning from every deal, if you close it or not.
I’ve used these strategies to earn thousands on each successfully closed deal.
In 8 modules, I break down a process that will introduce a total newbie to multiple business models: Wholesaling, Co-Wholesaling and Intro to Fix and Flips.
Students will determine what business model makes sense for them, then we will create a business plan that includes a full marketing approach designed to maintain a constant flow of leads.
They will have the skills and resources to go out and close their own wholesale and fix and flip transactions.
I’m always around for questions and guidance beyond the mentoring.
Learn basics and advanced tactics from 19 year industry vet.
Discover how to earn thousands within weeks of getting started.
Develop high income lifelong skills.
Meet and do business with savvy investors.
Get back your time and money to spend with your family and loved ones.
Develop into a part-time or full-time investor in 8 weeks.
Module 1– Goal Setting and Mindset Development.
What are your goals? Dreams, Availability?
What is your Timeline?
What is your why?
Module 2 – Preparation for Real Estate Investing
How credit works and getting ready for investing.
Let’s evaluate your personal situation? How is your credit?
Anything holding you back? Let’s address it and face it.
Module 3 – Getting Started!
What is wholesaling?
How can you get started with no money ?
How can you flip a property with no money?
What is 100% financing? How do you get it?
Module 4 – Do you need funds or experience?
How will you get funds for flips?
How will you get experience?
Funding options and how to get your 1st loan.
Module 5 – Your Wholesaler Marketing Plan
Marketing – Blogging, Social Media, Forums, Groups
Setting up a WordPress blog, posting and sharing
Building a group, sharing in groups
Module 6 – Finding Buyers and building your Buyers list
Using Craigslist and FB/LinkedIn Groups
What to post to find buyers?
How often should you post ?
Where should you post ?
Module 7 – Getting properties to market or wholesale,
Virtual wholesaling, Co-Wholesaling
Where do you find properties to sell?
What is virtual wholesaling?
What is Co-Wholesaling?
Module 8 – Closing and Getting Paid
How to engage with escrow and agents to move the deal along.
How do you ensure you close ?
what documents are needed to get paid?
Resource Bundle Includes:
Marketing Quick Start Guide
eBook Study Guides
Recorded video of each Module
Access to my private MasterMind group.
You will need to research laws in your area regarding wholesaling, in some States, you may need a real estate license. The strategies I teach will work for someone licensed or not.
Get Started Below ↓
Wholesaling and Intro to Fix and Flips
A newbie introduction to wholesaling, co-wholesaling and introduction to Fix and Flips. This 8 week course will educate a completely inexperienced person and give them the insider knowledge, tools, resources and industry best practices to get started in real estate with no money!
You will set your training schedule, learn at your pace.
After you enroll, I will immediately contact you to set up a training schedule which includes: Zoom meetings, phone calls and email.
Never feel rushed and we can proceed through each module quick as possible.
The seller obtained permits on this property from the City of Malibu which took 18 months. He also has full plans – architectural, structural and landscaping which took almost a year to complete. As you know, plans and permits are the hard part. This Malibu rehab is a perfect project for an end user or developer. Malibu is a beautiful and serene community. The property has real unobstructed ocean views and no PCH noise even though it is only a minute up from PCH.
A well-known LA architect worked on the design and remodel for it to be updated to an open floor plan and a master bedroom with a very large walk-in closet and ocean view. Once completed, as soon as you walk in the house you will be able to see the backyard and the ocean. The kitchen is adjoined to the family room, dining room and shares this beautiful view. The family room opens up to the backyard so that it embodies the true Californian lifestyle of outdoor living.
Check out this hot property near Brentwood that Signature Smart Construction was blessed to work on, and collaborate with Project Buddy Pro: a local fund control and on-demand construction management company that has a Professional program that I use to source quality contractors for jobs.
Signature Smart Construction is a Malibu, California based company specializing in Luxury Smart Home Consulting, Additions, Automation, and New Builds. They are a Los Angeles division of Delta Construction and Design, Inc based in San Diego, California. CLSB #782999
Californian Estates is a full service real estate company specializing in Luxury Estate sales is based in West Hollywood California.
Property Address: 375 Dalkeith Ave, Westwood, CA 90049
3900 SF, 8436 SF lot, Traditional Style, 4 Good size Bedrooms, 4 bathrooms,
Private Showings Only $2,950,000
Amazing location close to Wilshire Corridor, Brentwood and Bel Air. PRICED TO SELL!! This amazing property in the prestigious Westwood neighborhood, near Brentwood, Bel-Air and Beverly Hills. Recently remodeled SMART-HOME is over 3900 sq. ft. and sophisticated living, offering 4 bedrooms, 4 bathrooms. New kitchen with center island, dining room opening out to a deck overlooking the rear yard.
Property Features: 2 Large mature fruiting avocado trees. Motion sensors throughout, commercial grade hot water heater capable of heating a 8000 SF home, triple-pane windows in the back and double pane windows in the front buffers the freeway noise in the backyard.
The ceilings have all been raised up. The attic space has 14″ ceilings! You could build out an office space, gym or rec room.
The home was plumbed and set up to support a 12ftx15 ft wine cellar.
Kitchen has 36,000 BTU Restaurant Oven.
The master has a deep closet area designed to build out a dressing room area.
Alexa has been installed to support the Ring camera monitoring the home and Samsung Smart Fridge, dishwasher, garage door opener and interior lights.
Hardwood floors and high ceilings. Living room with fireplace. The backyard includes an entertaining area and children play area. Two car garage with a built-in electric plug for our electric vehicle. Waterfall and landscaping included. This property is well under the current comparable in the area.
Seller is a general contractor and has installed brand new beams throughout. The property has been remodeled from top to bottom adding 2000 SF.
We work with strong commercial lenders, they are nationwide direct non-bank lenders. They provide Transactional loans, they are one of the few SBA Preferred Lender and they specialize in owner-occupied properties.
Some of the deals they’ve funded are:
Atlanta Office Building
Office Building in Atlanta the loan was submitted on a Wednesday, and they had approval by Friday. They sent docs out the following Thursday to meet the close of escrow. This was a 65% LTV Conventional loan of $2,080,000
They rose to the occasion with a lucky teacher in GA, funding a childcare facility using an SBA 7A loan with a high LTV (87.5) in a rural setting and startup business! They had other obstacles but persisted with creative financing and some additional collateral, they were able to close!
Industrial building funding
With an Industrial auto service bank turn-down that was submitted on the 16th for approval; by the 27th they used a SBA 504 loan and a combo 1st Trust deed and Bridge loan totaling over $3.3M. They closed this 90% LTV loan in Los Angeles in 2 weeks.
Fast Food Funding
Even after several lending institutions passed, because there were very minimal industry ownership/management experience, they were able to fund a fast-food purchase with a 2 loan combo for over $550,000 in CA.
Construction Company Funded
Our partners pleased their Construction company borrower
after performing on a previous loan, they received the opportunity to fund a
refinance of an existing asset, the borrower had issues and were declined by 3
other banks, the current loan had matured, and the borrower needed a 6 figure
cash-out for working capital, they
obtained a 60% LTV conventional loan for $600k cash-out.
SBA 7a Loan Funding in North Carolina
They provided a $1.1M cash-out on an office condo in NC for a borrower to pay their taxes to be eligible for an SBA 7a loan to refinance a second building with working capital.
Office Funding in Florida
They were able to beat out a local bank for the business of
a top operator who purchased an office in Florida for $300,000 at 85% LTV.
Retail Funding in San Francisco
Creatively speaking, our partners think outside the box and
know the markets, they financed the purchase of a mixed-use retail and
residential property that penciled out and had aggressive projections, at 80%
LTV they made a loan over $1.3M in 32 days in San Francisco.
Hotel Purchase in Colorado
A hotel purchase in Colorado with a 2 loan combo, and over
$4M in creative financing, the change in hotel flag due to change in ownership was
an issue for some banks but my partners closed it up!
Multi-Tenant Refinance in Los Angeles
In Los Angeles, I was happy when they performed great on a private money loan funded a multi-tenant refinance, taking the owner out of a high-interest loan to a low-interest conventional loan at 65% LTV.
Closed Despite Bankruptcy, Lien & Judgements
They were able to defeat multiple obstacles with a client
that included: 2 operating companies, multiple affiliate businesses,
inconsistent cash-flow, and a history that included a bankruptcy, multiple
state lien & judgements for over
Expansion Funds for a Construction Company
They helped an established contractor of 32 years fund an expansion for their business for over $850k, based on projections.
Cannabis & Hemp Funding
If you have the experience, cash reserves and good to great credit, we can look at Cannabis and Hemp financing requests.
If you’re in need of Commercial Financing, Contact me – Greg@fixandflippers.com with your Loan Scenario