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Updated 12 months ago on .

User Stats

44
Posts
4
Votes
Gene May
  • Lender
  • PO BOX 201 Osage, MN 56570
4
Votes |
44
Posts

πŸš€ Just Closed: Prime Property in Warwick, RI! πŸš€

Gene May
  • Lender
  • PO BOX 201 Osage, MN 56570
Posted

We’re excited to announce the successful closure of a new property at 65 Suburban Pkwy, Warwick, RI 02889!

Purchase Price: $136,000
Rehab: $60,000
After Repair Value (ARV): $270,000
Loan To Value (LTV): 75.00%
Term: 12 months

With our exclusive loan program, we offer:

  • Flat 9.75% Interest Rate
  • 100% coverage of the transaction: including Purchase Price, Rehab, and Closing Costs (not to exceed 70% LTV)
  • Lower Origination Fees: 1 pt (No Rehab, No Cash-Out), 2 pts (Rehab, Cash-Out)
  • Max LTV of 75% with a general appraisal

APPLY TODAY TO GET BETTER RATES!

We created this exclusive program for investors with a proven track record of acquiring amazing deals and wanting better rates on their loans. To qualify, you must have completed:

  • 4 paid-off loans with our lender within the past 24 months, OR
  • 8 completed loans with other lenders within the past 24 months (proof with HUD statements).

Program Highlights:

  • $997 Program Enrollment Fee
  • Underwriting: Once a year (saving time and effort)
  • Credit Check: Every 6 months
  • Income Verification: Every 6 months
  • Property Criteria: Non-Owner-Occupied, Residential 1-4 units, and more.

For experienced investors only, who have:

  • Completed 4 properties through our lender within 24 months (sold or refinanced to exit the loans), OR
  • Completed 8 properties with other lenders within 24 months (sold or refinanced to exit the loans).

Send us a message or comment if you're interested to get your deals funded. 

Offering