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.
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
We have multiple unsecured funding options available:
I’ve had success getting people credit cards and credit lines in excess of $180K in 10-15 days. these come in various amounts from $1000-$50,000, can come in cards, credit lines or hard checks mailed to your home to be deposited in your bank account! Some intro rates are 0% APR for 12 months to incentivize you to use the cards, some start off at 26%+. We don’t ask for financials, bank statements, tax returns or proof of income!
Minimum loan is $30,000, max is around $300,000.
Customers have used these funds for real estate purchases, commercial properties, down-payment, EMD, reserves, etc.
We also have our own credit card processor to facilitate the liquidation of credit lines/cards.
We also have “Equifax” only financing, if that score is 680+, we’ll use it.
No business plan is needed!
Prior bankruptcy must be over 5 years, no open collections.
Can’t use CPN’s for these loans.
Program #2 – Business must have 2 years operation, must own real estate, they can give a 2nd or 3rd mortgage, 10-21 days – Have to have cash flow, Above 500 Fico.
Program #3 – Must have good credit w/Biz tax returns – 680+ fico, have Profit & loss, 6 months bank statements, 2 years personal statements, up to $1M in revolving or term funding. No upfront fees, no underwriting fees, back-end points.
Program #4 Must have a good corp, in good standing with history & stellar credit, but no tax returns, but servicing $500k in debt currently (strong credit profile) there is a 37 point checklist which checks for registrations, database entries, etc. which we can consult on.
Need 740 Fico, This is a stated assets and stated income program. Takes 21-60 days to complete the 1st round of funding. 1st round is $150k-$250k
If you want to take your business to the next level, you need to have the correct corporate structure. This is what separates those who get funding and those who don’t.
Although just having a corporate entity without credit is also compared to having a fancy car with no tires.
In my networking, I’m finding resources that many of my friends and business partners also need, so I’m sharing their info, fees are reasonable, check out their services. I’ve seen clients achieve success with getting funded very quickly.
Business Credit must be done PROPERLY by experienced professionals, or you’d actually risk setting your company back several years.
Lenders are more willing to lend to older established companies.
Acquire an aged shelf corporation to increase your borrowing power.
Get your DUNS File in 5 business days or less
D&B Business Credit – Credit Building Program – 5 business days or less
Establish a true and separate corporate credit profile for your business in a short amount of time.
Their Business Credit Building Program takes 10-30 days, they set up the portfolio & accounts to obtain scores and ratings for you.
Once they create this separate credit profile for your business, you immediately become strengthened with increased liability protection.
There is no risk to separate your personal and business credit profiles.
They can connect you with a network of lenders who offer loans with no personal guarantees or personal credit checks!
This way you can achieve a high corporate credit score.
A Strong Business Credit File Can Help Your Company:
Qualify for loans
Lower your interest rates
Attract new customers
Increase your cash flow
Negotiate better payment terms
With the Program You Get:
A D&B D-U-N-S number & business credit file in 5 days or less
Unlimited access to your D&B credit scores and ratings
To add positive payment experiences to your file
To benchmark your company against your industry and key peers
Alerts when others run your business credit report
$199/month or $1500/year
$329 for D&B DUNS File
Set up fresh Corporation and LLC – Any US State & offshore, $250 Formation Fee or Complete Incorporation Package Fee
State Filing Fees.
Annual State Fees (these typically range from $25 to $125 per year)
$189 Annual Registered Agent Fee
You don’t need an attorney
3 packages to choose from.
Your Docs are drafted the same day.
Tax forms are included, B-Laws and agreements Included,
Corporate Kits and Supplies
Shelf Companies in all 50 states and countries, Aged companies with existing credit lines
Complete Office in a Box Solution- tax benefits, phone, mail/receptionist services in multiple states
Shelf Company & Aged Companies
Choose from a list of “pre-filed” shelf companies that you can obtain. All entities are in good standing, have been maintained and the company name can be changed for a small fee.
By Owning a Pre-Established Corporate Entity You Get:
Show longevity of company filing
Immediately own a company with a filing history
Ready for immediate transfer
May help when applying for contracts and financing
They encourage full disclosure in informing lenders and others that you recently acquired the older entity.
The companies do not have any stock, so they are just a shell.
They have Aged Companies from 3 years – 100 years.
From $5,000-$100k, Also offshore in Anguilla, Belize & Nevis.
The company also does Land Trusts, Articles of Dissolution, Registered Agent Services, Name Reservation, and can help you go public.