April 29, 2008
Construction Loans for Investors - Stated Income even…
Posted by craigg13 under Uncategorized | Tags: business loans, construction loans, hard money loans, rehab loans |Some rays of sunshine for the investor community.
Kelly and I have been doing some heavy research on some niche lenders offering all different types of loans - some good news to report:
Construction Loans for Speculation - up to 80% Loan To Cost for investors..75% stated income
Southern Florida Based, Good Credit needed, common sense underwriting
Cash Out on vacant Lots. 65%-70% of value - only for loans over 80K
Purchase Price needs to make sense vs. value….rate and term available as well.
Foreign National Lender offering up to 80% LTV on condo’s even….
Southern Florida Based as well. Also good loans for FULL DOC investors.
Hard Money Rehab loans - full purchase price plus repairs available on very good deals.
Available all over. Some areas up to 70% after rehab.
Portfolio Lender doing loans for investors with more than 10 properties. Both Full Doc and Stated. With cash out!
Southern Florida.
Do you have a business in good standing for the past 2 years, that is not Real Estate related? Unsecured Lines of credit available.
Call us anytime for details on these and other programs.
Craig Garcia is a Managing Member of Bridge Capital Lending, LLC. A mortgage and investment firm specializing in Investor Loans that Use Private Lenders that fund Hard Equity Loans. Craig can be reached at 877-8GO-GREEN or 954-217-9518. Gene Schroeder and Angelo D’Alessandro are the founders and owners of Bank On It! - A Real Estate Investment Firm that sells Investment Properties at Wholesale Prices. Gene and Angelo can be reached at 954-515-0030. The three have also formed a service to connect prospective borrowers to a network of Local Mortgage Brokers called 888-2Lend-Fast
.