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454
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17
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Joyce Ann Magallanes
  • Lender
  • NY
17
Votes |
454
Posts

Closed in 48 Hours With No Appraisal?

Joyce Ann Magallanes
  • Lender
  • NY
Posted

Been seeing a lot of questions about timeline and leverage so figured I'd share what's actually out there right now.

There's a fix and flip structure I've been working with that covers 90% of purchase and 100% of rehab*. No appraisal. Closes in as little as 48 hours from valuation.

For anyone who's been sitting on a deal waiting on appraisal timelines or couldn't hit the leverage requirements elsewhere, inquire with us now. 

Anyone else using no-appraisal programs? Curious how others are structuring their timelines.

*Rates, LTV, and program terms are subject to change and vary based on borrower credit profile, property type, and market conditions. Not all applicants or properties will qualify. This is not a commitment to lend.

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Venture Estate Group LLC
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