Happy New Year!
This year one of my goals is to become an even larger resource for the Fix and Flip & Investor Community. After 16 years of service in this industry, we connect investors to lenders and private funding programs nationwide.
After reviewing these new loan offers and working with dozens of lenders, I compiled this list of lenders to refer to interested parties.
I hope you enjoy!
-Greg
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)
CA, TX, WA, TN, CO, VA, WV, GA, FL, IL, OH, PA, SC, MO, MI.
Rehab funds are 100% draw based. Meaning based on completed work. Client does approx. one third of the work and requests a draw through our Processing Dept.
Note: Minimum $75k total loan. Minimum population 30-50k towns + case by case if in a low population area.
Acquisition: Live-in Condition Only: NM, OK, WY NY, NJ
I’m reaching out on behalf of a group of clients that I have been consulting with for almost 2 years now. They’re wonderful guys and I’ve helped them get many loans.
We are looking for investors who have liquid capital and want to inject your funds into high-end luxury fix and flip projects in Hollywood Hills & Arcadia, Los Angeles areas.
We are able to pick up properties in the $1.22M range, tear-down and build gorgeous 4,000 sq.ft modern properties for $450k that sell for $500 sq./ft + that’s $2.9M+ Resale!
That’s on one scale, then we can buy at $2.5M, Rehab:$2.5M
homes are selling for $1,200 per sq.ft. with $12-13 million Conservative Resale! Sits above homes that are selling for $17M.
These investors can expect to be welcomed with favorable JV terms that often exceeds 25%, in 12 months with points in exchange for 90%-100% financing or Project Funding with equity splits starting at 50/50. We finance the interest-only payments and hold-back the rehab funds to protect the investor. All secured with trust deeds and joint venture agreements. All projects are shovel ready!
The Principals are very experienced with 30 yrs of construction and over 100 completed projects with liquid assets around $5M. they want to remain somewhat liquid in order to comfortably scale their business and grow.
A perfect situation would be a rich uncle, but short of that, an experienced lender who understands ARV lending and/or a lending entity who wants to quickly get started with the funding & acquisitions of these available opportunities.
If you’re interested in becoming a joint venture partner with an experienced operator, please contact me, I often have smaller residential & one-off commercial projects to get involved with.
If you’re an experienced Flipper, Builder, Wholesaler or Operator who needs ARV lending fr your projects, please contact me.
If you are in the L.A. area, we can easily meet and discuss your plans, I’m in the West Hollywood/ Hills area.
Purchase:
80-90% of purchase and 80-100% of construction cost.
Refinance:
100% financing, including closing costs plus 100% of construction cost.
Loans from $100k – $7M
Assets Classes:
Special Programs available for foreign nationals.
For a quick loan quote provide the following:
Call Greg @ 858.386.0949 Or Greg@FixandFlippers.com
22 unit Multi-Family Building right off of the Vegas Strip
Property is Free & Clear
Proposed New Loan Amount – $1,200,000
Terms: 3.65%, 30 years, 5 year Fixed, 75% LTV, Due in 30 years, DCR – 1.42
Landlord pays Water & Gas, Tenants pay Phone, Electric
Common Area Features:
If interested, Contact Me ASAP! I’m direct to the sellers, they are also lenders and can provide Debt on any of my property opportunities or any of yours!
Greg@fixandflippers.com | 858.386.0949
If you are like many of the investors I work with, and you are having a harder time finding great investment properties to buy.
I believe it’s time to expand your investment strategies. This is an opportunity to gain access to a private seller offering First Lien Non-Performing Mortgages.
To gain ownership and control over the home, you’ll need to complete the already begun default process or work out a deal with the existing owner/borrower (“cash for keys”). Alternatively, you may be able to work out a deal to get the borrower to begin paying again.
You can cherry-pick the available inventory.
29 Non-Performing Notes in Pennsylvania – Spread out throughout the State, 5+ in Philadelphia.
21 Non-Performing Notes in Ohio – Akron, Columbus, Toledo, Cincinnati, Dayton
The prices from $13,000 to $205,000! Get started today!
Simply sign Working Fee Agreement & NDA and I’ll introduce you to the seller and they’ll send you the loan docs with full appraisals, sample purchase contracts.
If you buy non-performing assets, but not these type, please feel free to send your request.
If you like these notes, email me right away!
Greg@FixandFlippers.com
