DEAL FUNDING OPTIONS

[Marc Cesar]

Rehab Loan Program w/ Advance Draw! Fico: 600+ Loan Terms: 9 - 24 months Loan Amount: $75K to $2.5 Million Max LTV/ARV: Lender typically finances 75% of the purchase price and 100% renovations (renovations are done in draws). The loan amount is capped at 75% ARV! Interest Rate: 8.5%-12% based on experience Property Types: Only 1-4 unit investment properties! Pre-Payment Penalty: None! Use of Funds: Bridge and Rehab Loans Lender Points: 2-3. Lender also has a $999 closing fee. Lending Territory: Almost Nationwide Closing Time Frame: 14 days! Special: This lender allows an upfront draw at closing, which is typically 10-15% of the purchase price or as is value if property is already owned!  Extra: This lender can finance wholesale fees!