Business Funding to $500,000, not all Fico based


Business Funding

Use the money for ANY purpose you choose.

No Personal Guarantees

No Collateral

No Upfront Costs or Obligation!

$5,000 – $500,000 within hours

 

Small Business Loans

Fixed Term, fixed payment

Terms from 3-15 months

Business funding not tied to credit

Merchant Cash Advance

Eligibility based on business revenue

Repayment based on cash flow

We work with most credit scores

Equipment Financing

Fixed monthly payments

Terms from 18-60 months

Credit based

  1. High funding Levels
  2. Longest term options
  3. Have adequate cash flow
  4. Payroll solutions
  5. Pay Tax Bills
  6. Purchase Inventory
  7. Have a New Opportunity?

To qualify, your business must have:

$100,000+ in annual revenue

6 months in business

No open bankruptcies

Email me or Complete the Form Below 

Greg@FixandFlippers.com

Hollywood Hills SFR Rehab, Nice Canyon Views – Wholesale Priced for Experienced Flipper


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We currently have this tied up and ready to wholesale to an end buyer.
The buyer would need to replace our $15,000 EMD ASAP. They need to close by end of month.

We’ve walked this property and I can introduce the buyer to the President of the Laurel Canyon Association – this will help the overall process. He is also a land-use attorney specializing in permitting.

The property has some issues and has been condemned by the City. The buyer would have to assume this responsibility.

8351 Kirkwood Dr. Los Angeles CA 90046

Tear down- Single Family Residence
Sunset Strip – Hollywood Hills West
Built 1927
2/1 – 1358 Sq Ft

Redevelop as 3/3

Rehab $200k
Asking $625k
EMD $15k
Comps $1.2m

Will need complete rehab and retaining wall, and create an access point such as a driveway…

Review the numbers, it’s vacant, I’ll give you the lockbox, and go direct.

Greg@FixandFlippers.com

858-386-0949

 

Vacant Pasadena Fixer – Wholesale Priced


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239 E Howard St, Pasadena, CA

2/1. 966 Sq Ft. 7499 Sq Lot. *

This is a solid property that needs cosmetic updates thru out to your liking. This market moves quickly. You need to add 400 Sq Ft to this property and spruce up the interior and exterior to grab an easy $730,000 to $740,000 ARV. Need to place EMD to lock deal.

Asking Price: $507,000

*Projected Rehab Cost

*966 Sq Ft x $50 / Sq Ft = $48,300

*400 Sq Ft x $120 / Sq Ft = $48,000

*Landscaping $3,700


*Total Projected Rehab Cost = $100,000

*Projected All In Cash = $602,000

*$502,000 x 20% Down Payment = $100,400

*Projected Closing Costs @ 4% = $20,064

*6.67% + $1000 (Utilities) Holding Costs = $34,456.72 (Projected Note Rate @ 10%.)


*Projected All In Costs (Hard Money) $154,920.72

*Projected Resale Value: $735,000

Suggested Comps:

1.) 467 E Howard St, Pasadena, CA

3/1 – 1,384 Sq Ft – 9,757 Sq Lt

2/10/2017 Sold for $727,000

2.) 787 E Howard St, Pasadena, CA

2/1 – 1,198 Sq Ft – 7,654 Sq Ft

3/8/2017 Sold for $740,000

 

Greg@FixandFlippers.com

*This asset is being sold as is where is. There are no contingencies. Please email/call/text for Sales Structure. Clean and Clear title will be provided at closing. Buyer must do their own due diligence. Seller makes no warranties as to accuracy of projections, nor empirical data provided.

Can facilitate Hard Money/commercial in most states,stated owner occupied loans in CA, Unsecured credit to $200K (700 fico) in 2 weeks…
*Contact me if you want to make a referral, we can share fees!  Ask about 80/20 100% JV Fix/Flip loans Nationwide, no min Loan Amt, no fico requirement, up to 90% purchase, 100% of rehab for most Fix/Flip projects, no split.

 

Want to Increase Your Credit Score? Add Tradelines for 30-50 point Increase!


Increase Your Credit Score!

Authorized User Tradelines

$999 per tradeline or $899 per tradeline for 3+ tradelines

FREE CREDIT ANALYSIS!

We’ll help you determine if you need tradelines, and which ones would raise your credit scores!

  • These are Revolving Lines
  • Tradelines between $5,000 – $40,000
  • Increase Your Credit Scores 30-50 pts in 60-90 days
  • Lines Stay Reporting for 45 to 180 days, we see 90 days of reporting on average
  • Most clients get 2-4 tradelines, most mortgages are looking for 3+ tradelines for pre-approval
  • We prefer our clients to be goal oriented, the service provides short-term credit score enhancement.
  • You will ideally be seeking credit within 45 days of the lines hitting their file
  • We will only add lines to Social Security Numbers, no CPN’s,or any other alternative identification number

We need:

  • Colored copy of your SS Card, front & back
  • Colored copy of your State issued ID or DL, front & back
  • Recent copy of your 3 Bureau Credit Report (You can pull one @ CreditCheckTotal.com)

Lines will appear on your file within 45 days

GET STARTED TODAY!

Greg@FixandFlippers.com

858-386-0949

New Funding Options: EMD Funding & Transactional Funding


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Program #1

Here is a rundown on the different things we think you should know about how EMD funding works for our clients.

  1. Risk free as we can make it. We do not charge any upfront fees for processing, etc. If the escrow falls through, you owe us nothing. (We just get our EMD funds back and hope to make money together on a future deal.) Our markups usually amount to a very small percentage of the EMD requester’s overall profit; you keep the vast majority of your hard-earned profits in your pocket.
  1. We are (second line) co-buyers on all EMD deals; that means we get a full flow of all paperwork during escrow, control contingencies right along with you, etc. We have no desire to own the property or create an undue burden; we just want our EMD monies protected during escrow and being a co-buyer (temporary financial partner) provides us that protection without harming the buyer or the seller. Once escrow closes, we are no longer involved with the property.
  1. Our earnest money deposit (EMD) funds can never be allowed to go hard (nonrefundable) during escrow; the funds must stay soft the entire time. After all, the “D” in EMD stands for DEPOSIT; those funds are not a down payment. However, some sellers, realtors and investors mix up the two. The job of the EMD fund requester (the buyer) is to bring in exit strategy monies (i.e. full purchase price) either with proof of cash or is approved for a loan (provable with a Letter of Commitment or LOC from the lender) by close of escrow, thereby removing any monetary incentive for the seller to want to try to keep/hold onto the EMD monies. In the case of a wholesale contract flip, the key element is that you must have a Qualified End Buyer under contract by the time the contingency period has expired. (and who has proof of cash or is approved for a loan).

Here is why it is so important that EMD funds stay soft until escrow closes: Should escrow fall through for any reason (buyer’s fault, seller’s fault, nobody’s fault), and the EMD has already gone hard, some sellers  are tempted to try to keep the earnest money deposit monies as their own. We could lose the EMD funds we put up for you; that is a not a risk we are willing to take. Thus it is vitally important that all offers made to sellers must include this fact. Doing so during the offering stage just makes it a normal part of the buying process, thus hopefully preventing it from becoming a problem later.

  1. To prevent either #2 or #3 above from becoming a problem, please
  1. Ensure that the verbiage in your offer—Letter of Intent (LOI) or PSA (Purchase & Sale Agreement) or Residential Purchase Agreement (RPA)—hopefully has been scrubbed of any and all verbiage that might cause the EMD funds to go hard (nonrefundable) before the close of escrow.
  1. The offer must include certain specific and mandatory verbiage (see in italics below). The italicized text needs to be inserted into the offer prior to putting the offer in front of the seller; the intent is to effectively override the standard boilerplate verbiage that appears in virtually all offer forms that gives the seller the (false) impression that somehow they can keep EMD the monies should escrow fall through. Of course the following can be introduced later during the counter offer or escrow stages, of the transaction as an addendum, but by then the seller is probably pretty much locked in mentally to the original boilerplate text and he may take umbrage at having such a “surprise” thrust at him so late in the game. THAT can and does blow up deals. It is much better to insert this into your offer from the get go.

The following supersedes any other deposit-related clauses or contingencies to the contrary, found herein: Should the escrow fail to close for any reason whatsoever—regardless of which party cancels the escrow, or of the status of any contingency, or of the results of any inspection, or of the time elapsed between date of acceptance and the scheduled closing date or date of cancellation—the earnest money deposit shall be refunded in full to the Buyer, by issuance of a check from the escrow company (or equivalent entity, i.e. title company or lawyer) to the account from which the deposit was received. Further, the buyer may at their discretion do the following:

*   bring in one or more partners during escrow as co-buyers,

*   designate one or more payees, whether co-buyers or third parties, to be paid out of buyer’s funds,

*   submit instructions (from either buyer or co-buyer) to escrow regarding any such disbursements before escrow has prepared final settlement sheets, 

*   require both co-buyers to receive all documents intended for Buyer from escrow, listing agent, transaction coordinators, or others corresponding with Buyer in the course of this transaction, and the signatures of both co-buyers are required for any document which Buyer must sign,

*   in the event that borrowed funds will be utilized by Buyer in this transaction, The Trust as co-buyer will not be a co-borrower, and in any event, The Trust reserves the right to withdraw as a co-buyer at close of escrow.

  1. 1% EMD is the norm (say $5,000 on a $500,000 purchase price). Yet some sellers demand 2%, 5%, 10% or more. NOTE: Anything above 1% may mean you have to pay higher markups.

Analysis: Whether EMD money goes hard or stays soft, and/or whether the EMD percentage is 1% or 10%, the seller receives exactly the same amount of money at close of escrow. That is why soft vs. hard and EMDs higher than 1% should be and usually are non-issues to most sellers once the reality of the situation has been properly explained to them. Besides that, without realizing it, sellers who put up these types of artificially high barriers often cost themselves valuable bidders for their property.

More Analysis: Most of the wholesale contract flippers and rehabbers we work with try to buy Off-Market (OM) properties (not retail MLS-listed); they are seeking property owners who are Distressed, Motivated, and Flexible (DMF) and NEED to sell their property right away. What you will usually find when dealing with most DMF/OMs is that the vast majority simply do not have the luxury of time to dwell on whether the $3000 EMD (on the $300,000 property they are trying to get rid of) stays soft or not. They should be and usually are focused on the getting the $300k in their pocket and moving on, ASAP. In fact, it has been our experience over the years that sellers who concentrate almost solely on finding ways to keep the EMD money may not actually be Distressed, Motivated, and Flexible sellers after all—and maybe you need to find another seller to work with.

  1. EMD money is available for up to a 30 day escrow; that can be extended, but only on a case by case basis and may result in higher markups, thereby increasing your costs.
  1. Make sure the seller is OK with the above; none of it is designed to be harmful to either the seller—or the buyer for that matter. The provisions in the C&P form are simply there to protect our EMD investment capital.
  1. What comes next: Please completely fill out all of the Processing App.
  1. Once we receive the Processing App and offer, we try to provide a tentative green light (if it is justified) within 24 hours—often less.
  1. Any questions, etc. please email them to us. If you have an urgent matter, please feel free to phone. However, email is our preferred method of communication.
  1. BEFORE SENDING ANYTHING IN TO US, PLEASE MAKE SURE For each EMD for which you need funding, please make sure you email us the following, FIRST:
  1. A copy of the seller-accepted offer as an enclosed PDF attachment. Make sure that you have included, in the offer, the “supersedes” verbiage that appears above, and at the very end of the App (below), re: The following supersedes…”. It is strongly advised that you include the “supersedes” text in the initial offer to the seller. If that is not possible, then create an Addendum (signed by the seller) that includes the “supersedes” text and include it with the offer copy you send to us.

Only AFTER you have the seller-signed offer in your hand (that contains the “supersedes” verbiage) should you contact us.

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Program #2

  1. Earnest Money Deposit Funds Available to Real Estate Investors
  2. Short-term Funding Available Quickly for Properties Owned Free and Clear
    Capital is available with the following parameters:

* $50,000 (normal maximum)
* No upfront or hidden fees. Quick funding decisions
* No points, no interest, no monthly payments
* Maximum time for use of our funds is 30 days. More time can be made available, on a-case-by-case basis.

  • Cash-on-cash markups are as follows:

From $0 up to $4999 $2500 minimum markup cost
$5000-$25000, 50% Example: $20000 pays back $30000
$25001+, 35% Example: $45000 pays back $60750

  • Available in all 50 states & DC

* Why EMD Funding?

  • Don’t tie up your precious capital, use ours
  • Allows investors to leverage themselves into more deals
  • Our funding can mean the difference between a deal happening, or not
  • We normally fund in days, not weeks (for qualified deals)
  • We usually do not require an appraisal, credit check or income verification
  • Yes we can help you with your Transactional Funding (double closing) needs!!

Please Call Greg Wilson – 858-386-0949

Greg@FixandFlippers.com

Sell Your Real Estate-Backed Note Today!


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If you have a privately owned, real estate backed note (non-performing or performing) that you want to SELL, please contact me ASAP!

Working with investors making offers on notes I am direct to, and they are looking for more! Residential, Commercial, single note for $150MM Portfolio, Nationwide, They will make an offer on any note with no obligation or expectation! Family business operating for 25 years..

Both Fixed Rates or ARMs such as performing Residential loans and SBA 7a loans, FSA’s, HCEM’s and USDA’s). They accept seasoned loans.


They still look for Residential and Commercial Sub-Prime loans and various credit quality loans that are performing, non-performing or sub-performing and REO (Real Estate Owned) or Deed in Lieu properties NATIONWIDE.


SFR, Condominiums, Duplexes, Multi Family, Strip Centers, Offices, Warehouses, Churches and more are desired.


They still look for Agency and Non-Agency quality loans either servicing released or servicing retained..


Additionally, they also have an interest in REO Class A/B industrial warehouses in key markets in the US and Mexico…

Contact me if you are selling your note(s)

Greg@FixandFlippers.com / 858-386-0949

Loans for Investors Nationwide


Loans for Investors

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Examples of Deals We Can Get Funded!

  • 70+unit multifamily Apt Complex in Portland, OR looking for 65% LTV refi-cashout
  • Borrower looking for a 24 month personal bank statement program(self-employed)
  • Foreign National with no American credit buying a $1.2million condo in San Diego area
  • Borrower looking to purchase a $450,000 triplex near Buffalo, NY with 66% LTV
  • Broker has a VIP client who bought a property 13 months ago & wants to refinance the hard money note.
  • Borrower has a quick short-term (3-6 month) $450,000 purchase in Oklahoma City area
  • Broker has a couple wanting to buy a brand new $580,000 home in metro-Dallas with 20% down
  • Borrower who has 16 properties in Myrtle Beach that wants to refi-cashout $2,000,000 for more
  • Broker has a client who wants to simultaneously refi-cashout $240,000 to buy another rental property
  • Foreign National who has American credit who wants to buy a $1,300,000 condo in New York City.
  • Family trust of 3 family members who bought a $510,000 rental property in Chula Vista, CA.
  • Borrower who wanted to buy a $3,000,000 trophy home in Aspen, CO with 35% down payment
  • VIP client who has 1031 exchange $950,000 who wants to buy four investment properties in metro-Seattle
  • Broker who has a struggling client in a foreclosure that wants to refinance at 53% LTV.
  • Borrower who had a bankruptcy 2 years ago, a foreclosure currently & still wants to buy a property
  • Client who has a 468 FICO score who is looking to refinance a property into his own name(divorce)

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I’d like to Trade Professional Referrals with: 

  • Bankruptcy attorney
  • Foreclosure specialists
  • Tax attorneys
  • CPA’s
  • Insurance Agents
  • Financial Advisors
  • Medical Doctors
  • Surgeons
  • Real Estate attorneys
  • 1031 Exchange firms

Call Me Today! 858-386-0949 Submit Your Scenario: Greg@FixandFlippers.com

 

How to Analyze and Finance Fix and Flip Opportunities


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We’ll begin hosting seminars from experienced flippers who are also my friends for anyone interested. The seminars are free to provide info. We’ll introduce the 1st host:

My friend and colleague Tyrone Harris will be hosting this webinar today! Check it out! If you can’t make it, sign up at the bottom to get news for the next class.

House flipping has become incredibly popular, profitable, and… risky?! That’s right, many people who try to flip houses end up failing. In this brand-new seminar from Fix and Flippers, learn how to correctly analyze a house flip opportunity and save yourself from a financial disaster!

Don’t pay a “so-called” Guru thousands of dollars for coaching, you’re flushing your money down the toilet!

Money-Down-the-Toilet-1

Start working directly with Private Funders and their Opportunity Network.  We train rehabbers to properly use private funding sources and leverage existing funds.  We will train you to use our deal analyzer to fund your fix and flip projects, wholesale deals and buy and hold properties.

In this webinar, you’ll learn:

  • The 5 biggest mistakes new investors make when analyzing deals
  • How to estimate rehab costs like a champWebinar-_Fixand_Flippers
  • The truth about the “rules of thumb”
  • How to use the Fix and Flippers deal analyzer
  • And so much more!

 

Fix and Flip Lending in all 50 States


Nationwide Direct Lending

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Working with a new lender who has funds to invest.

  • Loan Amounts: $100,000-$1.25M
  • 1st Mortgage Only
  • 12 months with option to Extend
  • 4 pts.
  • 11%-14%
  • Loan-to-Value – Up to 75% of After-Repair Value
  • Short term interest only loans to experienced speculators, investors and home builders
  • Acquisition and rehab funds for 1-4 family residential properties for the purpose of rehab and resale.
  • Direct, Private Lender
  • They make loans in every state, underwrite and fund in-house
  • Primary factors for loan qualification are the value of the subject property and the borrower’s prior history with fix and flips.
  • They run a credit report, but no minimum fico requirement, they do not require tax returns or tax verifications
  • Seasoned Investors preferred
  • Up to 90% Acquisition Funds & 100% Rehab Funds
  • No W2’s or Pre-Payment Penalties
  • 65% Cash-out Refinance

Contact me today to get started.

Greg@fixandflippers.com

Unique loans for Owner Occupied & Investor Borrowers in Southern Cal


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I’m working with a new lender who is willing to make loans for a very limited time. These are Southern California Loans:

 Here are some highlights below:

  • 60% DTI Owner Occ/ NO DTI on Investment Prop.
  • Investment/Primary properties to 75% LTV
  • Foreign National to 70% LTV
  • Qualify with Interest Only on Non Prime up to 75%LTV
  • 5/1ARM, 7/1 ARM, 10/1 ARM, INTEREST ONLY
  • Cross Collateralization- Asset Depletion -NO PREPAY
  • LOW FICO SCORES ARE – OK –  
  • Credit events accepted (FC,SS,BK)
  • ALL RATES –- 5.49% – 7.99% I/O
  • ALL Products – 30yr. Amortizing  5/1, 7/1, 10/1 ARMS

   NICHE’S

  • BANK STATEMENTSLLC. Corp. BUSINESS or PERSONAL
  • $500,000 MIN to $10,000,000 MAX
  • LOW FICO’S on JUMBO/SUPER JUMBO LOANS
  • NO LIMIT ON CASH-OUT amount
  • NO SEASONING on the right deals
  • NO SEASONING on CREDIT EVENTS, BK, FC & Short Sale
  • Less than 2 years SELF EMPLOYED & NEW SELF EMPLOYED
  • In House/Manual UW for ALL Loans
  • Residential Loans Only, SFR, condos, 1-4 units
  • Products: 70% – 75% LTV -up to –10 Million-
  • 5.49% to 7.49% –  5 year Interest Only Loans
  • No Pre Payment Penalties

TOP REASONS & YOUR ADVANTAGE

  • Timing (Fast Closing)
  • Human “Make Sense” underwriting 
  • High DTI (I’ve done deals at 140 DTI, with traditional calculations*)
  • Lend to a corporation
  • Hard Money type lending guidelines with Alt A rates. 
  • Interest Only option available

Blumenthal Residence, Sunset Plaza

  Their MISSION

  • Serve a misunderstood Jumbo & Super Jumbo market
  • Fund “Make Sense” loans when Traditional channels will not.
  • Understand & Listen to our clients story with an unbiased Human Approach.
  • MAKE EXCEPTIONS based on COMPENSATING FACTORS AND ACTUALLY FUND DEALS BECAUSE THEY MAKE SENSE