Looking for private mortage with 35% down for $200K loan.

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Looking for private mortage with 35% down for $200K loan.

Real Estate Investor · Greenville, SC · Member since 2013 · 28 posts · 4 votes

I am looking for a lender to purchase a single family property (appraised at $350K) for an investment. Here are the high level details.

$325K selling price

$5K deposit

$120K cash

Mortgage for $200K. I am looking at a 5 year callable over 20 amortization.  800+ credit score.  Would like to be in the 5-7% interest range.  Please contact me for more details.

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  • Reginald TrussPro Member
    Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes
    10y

    Ed, maybe I can help you with this, please contact me at [email protected].  Hope to hear from you.

    Reggie Truss

    The Michael Lewis Group.com

  • Las Vegas, NV · Member since 2014 · 15 posts · 1 vote
    10y

    Ed contact me we lend private money in new York.

    Rob Moore

    [email protected]

    702.330.5586

  • Reginald TrussPro Member
    Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes
    10y

    Ed, this is one of my products.

    Commercial / Residential Investment Property Soft Money

    Up to 70% LTV

    Rates starting at 6.99% w/ 1 point
    (Par Priced Loans available)
    Stated Income-No Tax Returns
    640+ FICO
    Residential - NOO. No substantial rehabs. $150k- $1.5mm
    Commercial $150k - 5mm
    10% seller carry allowed for purchase, 25% Min from borrower.

    Hope to hear from you

    Reggie Truss

    A Veteran Owned Company

  • Lender · Tampa, FL · Member since 2014 · 206 posts · 4 votes
    10y

    Ed, if you sre still looking I am a commercial broker and I believe I can get you the loan you want.  Contact me to discuss further.

    Don Stone

    813-344-6546 cell

  • Investor · Little Rock, AR · Member since 2016 · 8 posts · 1 vote
    10y

    Donald,

    Looking to fund contract for $400k plus $30k rehab.  Stated income, 790 fico, with additional properties unencumbered as collateral.

    Barry

    [email protected]

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