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Updated almost 9 years ago on . Most recent reply

User Stats

87
Posts
16
Votes
Andy A.
  • Investor
  • Pleasanton, CA
16
Votes |
87
Posts

100% purchase + 100% rehab loans for your next project

Andy A.
  • Investor
  • Pleasanton, CA
Posted

Hello BP - We are a major nationwide broker which specializes in combining hard money and gap funds to offer our experienced borrowers a 100% purchase and 100% rehab money loan product. Message me if you would like to get more details on this. We can fund residential fix and flips, new construction projects, commercial loans and the whole nine yards. We can tailor our loan products to suit your needs.

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Most Popular Reply

User Stats

34
Posts
7
Votes
Matt Mortensen
  • Real Estate Agent
  • Las Vegas, NV
7
Votes |
34
Posts
Matt Mortensen
  • Real Estate Agent
  • Las Vegas, NV
Replied

100% purchase and 100% rehab isn't in the best interest of all parties. I see how it could work but in those cases it would be 100% lending on your 70% LTV property. This type of marketing is found not only here, intentionally or otherwise, but in the marketing used by major private money lenders. Crazy. At the least it is an ethics violation.

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