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Alex Bekeza
  • Lender
  • Los Angeles, CA
901
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1,641
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Fix & Flip Loans w/ the Most Highly Reviewed Mortgage Team on BP!

Alex Bekeza
  • Lender
  • Los Angeles, CA
Posted Jan 1 2023, 21:50

Fix and Flip and/or BRRRR Purchase Financing

12, 18, or 24 Month Term Options

NO Prepayment Penalty (*ask about our 90 day seasoning products for 75% cash out on BRRRRs*)

Up to 90% of purchase price + 100% of rehab (not to exceed 75% ARV) *some zip codes are capped at lower ARVs*

Interest Only Payments (interest is only paid on drawn balance)

Rates in the 9%-12% Range

Minimum 700 FICO

LLC Required

1st Time Investors Ok (if they own primary residence)

Loan Amounts from $100,000-$1,500,000 (larger loan amounts available at reduced LTC/ARV)

1-4 Unit Residential Properties Only

Available in AL + AR + CA + CO + FL + GA + IL + MA + MO + OH + OK + PA + SC + TN + WA + Washington DC

Please complete this quick questionnaire if you'd like us to dial in a quote!Fix and Flip Quote Request



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193
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196
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Eric Yu
  • Real Estate Agent
  • Seattle Investor: 4 STR 🏘 1 MTR
196
Votes |
193
Posts
Eric Yu
  • Real Estate Agent
  • Seattle Investor: 4 STR 🏘 1 MTR
Replied Jan 2 2023, 10:45

Oh wow, are you still able to do 90 LTV on the purchase even in the current market? (Most other HMLs I heard were doing 85 LTV).

Sent you a DM!

User Stats

1,641
Posts
901
Votes
Alex Bekeza
  • Lender
  • Los Angeles, CA
901
Votes |
1,641
Posts
Alex Bekeza
  • Lender
  • Los Angeles, CA
Replied Jan 2 2023, 12:35

@Eric Yu You're absolutely right.  We are one of the very few groups still offering 90% LTC.  However, amid market conditions, we do limit leverage in certain zip codes but most major metro areas which aren't seeing serious price declines are eligible for max leverage.  

Will review DM and reply asap.