RATES STARTING IN THE 4's FOR BORROWERS W/CREDIT ISSUES

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RATES STARTING IN THE 4's FOR BORROWERS W/CREDIT ISSUES

Copelon Kirklin
Specialist · Kenner, LA · Member since 2014 · 289 posts · 31 votes

Don't go hard money until you check with me first. May be able to lend when other banks won't. Income-producing properties such as multi-family units, mixed-use, student housing, mobile home parks, etc.

- Up to 75% LTV
- Nationwide platform
- 5, 7, and 10 year fixed terms
- Loan amounts from $300,000 - $10MM
Feel free to contact me by any means below.

Regards,
Copelon J. Kirklin
[email protected]
Skype: Copelon
225-304-2634
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  • Daniel Tucker
    Rental Property Investor · Everett, WA · Member since 2015 · 9 posts · 0 votes
    11y

    How about loan to purchase and rehab? Discounted apartment complex .

    Loan for $600,000 covers purchase price, rehab cost and reserves.

    Based on proforma 10 cap ARV would be $1,444,000. Thats a loan($600,000) of 42% ARV.

    Of course all contingent on due diligence being  thoroughly done.

    0Reply
  • Copelon Kirklin
    OP
    Specialist · Kenner, LA · Member since 2014 · 289 posts · 31 votes
    11y

    @Daniel Tucker

    Wouldn't be a fit for this loan product, as it only covers purchases. 

    0Reply
  • Copelon Kirklin
    OP
    Specialist · Kenner, LA · Member since 2014 · 289 posts · 31 votes
    11y
    Originally posted by @Daniel Tucker:

    How about loan to purchase and rehab? Discounted apartment complex .

    Loan for $600,000 covers purchase price, rehab cost and reserves.

    Based on proforma 10 cap ARV would be $1,444,000. Thats a loan($600,000) of 42% ARV.

    Of course all contingent on due diligence being  thoroughly done.

    However, I can arrange a private money loan for this and you can refi out into the loan product in question.

    0Reply
  • Jim B.
    Wheaton, IL · Member since 2014 · 89 posts · 35 votes
    11y

    Would you be able to help with a bulk sale of student housing/rental properties in Illinois?

    0Reply
  • Copelon Kirklin
    OP
    Specialist · Kenner, LA · Member since 2014 · 289 posts · 31 votes
    11y
    Originally posted by @Jim B.:

    Would you be able to help with a bulk sale of student housing/rental properties in Illinois?

     Are you looking to purchase these? And have they been cash flowing previously or is this the strategy once they're purchased?

    0Reply
  • Jim B.
    Wheaton, IL · Member since 2014 · 89 posts · 35 votes
    11y

    Yes, for purchase.

    And yes, they are currently cash flowing.

    0Reply
  • John Oitice
    Investor · Cortlandt Manor, NY · Member since 2015 · 63 posts · 10 votes
    11y

    please email me details [email protected]

    0Reply
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