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Owner Carry or Real Estate Secured Notes
Business Purpose Cash Out Hard Money
Easy In Fix & Flip 90/70 Program
80% Loan to Cost Fix and Flip Loan
70% Loan to Cost Fix and Flip Loan
Mini-Perm Investor Loans
Cellular Tower Sites and Leases
Fix & Flip Loans
Construction Loans
Non-Recourse Account Loans

Owner Carry or Real Estate Secured Notes

We don’t have to be the maker of the loan for us to be involved. Many investors have paper they either originated or purchased and now would like to turn the paper into cash for other uses. If you find yourself in this position, we will want to review a copy of the Promissory Note, the property and other elements of this note purchase and value the future stream of payments and the underlying collateral to arrive at a cash price we will pay for this secured note. Yes, this generally implies a discount to the face value of the note. So if you absolutely, positively must have the full face value of the note, we probably can’t be of much assistance, however, if the cash today has value to you and your investment needs, we may be able to provide that cash in exchange for your notes.

Business Purpose Cash Out Hard Money

Substantial equity positions in any investment property provide you with flexibility to invest extra rapidly and take advantage of opportunities in today’s market. The Cash Out Hard Money Loan will provide funding for your use in new investments and allow you to move quickly with cash, and allow you the time to decide if you simply want to pay off the loan or refinance it for the long term. Options abound! Loan to Value will vary on this hard money loan, or private money loan, according to the property type, income stream, and other factors, but we will generally lend up to about 65% of the final value.

Easy In Fix & Flip 90/70 Program

The Easy In Fix and Flip 90/70 Program makes the acquisition a breeze. We will lend 90% of the Acquisition Price plus the 70% of the Fix Up cost of your Fix and Flip property. You provide the rest. The cost of this loan is typically 13% interest plus points and closing costs. Our loan terms provide a full year of interest-only payments, reducing the pressure to sell the home in an arbitrarily short time period. You also avoid sneaky fees in the fine print of some other hard money lenders’ programs, which are added into your payoff. Just pay our monthly interest on time and you are on the road to another profitable flip.

80% Loan to Cost Fix and Flip Loan

The 80% program is as simple as it gets. We will lend 80% of the Acquisition Price plus the Fix Up cost of your Fix and Flip property. You provide the rest. The cost of this loan is typically 12% interest plus points and closing costs. Our loan terms provide a full year of interest only payments, reducing the pressure to sell the home in an arbitrarily short time period. You also avoid sneaky fees in the fine print of some other hard money lenders’ programs, which are added into your payoff. Just pay our monthly interest on time and you are on the road to another profitable flip.

70% Loan to Cost Fix and Flip Loan

The 70% program is as simple as it gets. We will lend 70% of the Acquisition Price plus the Fix Up cost of your Fix and Flip property. You provide the rest. The cost of this loan is typically 10% interest plus points and closing costs. Our loan terms provide a full year of interest only payments, reducing the pressure to sell the home in an arbitrarily short time period. You also avoid sneaky fees in the fine print of some other hard money lenders’ programs, which are added into your payoff. Just pay our monthly interest on time and you are on the road to another profitable flip.

Mini-Perm Investor Loans

Not everyone wants to Fix and Flip, and we are a local mortgage company that can adjust to your needs. Some want to fix and hold, but today’s underwriting standards can make the permanent refinance or the prospect of selling a dismal experience. Our Mini-Perm hard money loans will go out to three years in duration and provide for monthly amortizing payments until the balloon based on up to a 20-year amortization. Rates are quoted on a deal by deal basis but are intended to provide a cash flow cushion from the property. These hard money loans apply to any income producing investment property.

Cellular Tower Sites and Leases

Cellular phone sites and leases do not typically have the status of normal real estate. They can be sort of fickle. Cell companies merge, then merge systems, find redundancies, cancel leases, secure new leases to fill in weak spots and some still go bankrupt. All of the above means that they can cancel their lease with just a few months’ notice and, poof, they’re gone!

While that’s a good reason to sell your lease, right there, they may continue for years and years. Of course, a more frequent reason to sell is a big bag of cash today, rather than checks here and there for months and years into the future. We will value the lease according to its location, type of site, whether the real estate is included or not, the carrier involved and the lease status relative to any debt on the property. We will move quickly and give you a price we hope you will be happy to accept. Give us a call or email us anytime.