Two Simple Hard Money Rehab Programs

[Eric Benzenhoefer]

Two simple hard money rehab programs to meet your needs:

Rehab Program #1 - Lower Rates and ARV $125,000 and Up

The Best fit for the program is an experienced borrower who will spend a bit more time to save money. Allow 15-20 business days to close.

• Property Types
  • Single Family, Condos
  • Duplex, Triplex, and Four Plexes
• Loan Value
  • $75,000 - $1,000,000
• LTV
  • Up to 75% overall
  • Up to 90% of purchase Price
  • Up to 100% of purchase price
• Terms
  • Purchase or Refi
  • Interest only, Fixed Rate as low as 7%
  • 3 origination points or $4000 (the greater of the two)
  • $299 fee for BPO and other hard costs
  • 6-12 month with NO prepayment penalty
  • All other 3rd party fees are at cost
• Speed
  • Pre-qualify in 5 minutes
  • First time borrowers close in 15-20 business days
  • Repeat borrowers close in 7-10 business days

Rehab Program #2 - Fast Close and OR ARV - $70,000 and Up

The Best fit for the program is borrower looking to close quickly and/or your rehab's ARV is $70,00 - $124,999.

• Property Types
  • Single Family
  • Duplex, Triplex, and Four Plexes
• Loan Value
  • $45,000 - $1,000,000
• LTV
  • Up to 65% overall
  • Up to 80% of purchase Price
  • Up to 80% of rehab cost
• Terms
  • Purchase or Refi
  • Interest only, 10-14%
  • 4.5 origination points or $4500 (the greater of the two)
  • Points are rolled into loan!
  • $350 - 450 fee for BPO and other hard costs
• Speed
  • Pre-qualify in 24 hours
  • Close in 7-10 business days

Contact me through BP, www.OutsourceMyFunding.com, or [email protected] today, and I will send you the data collecting form for a same day rate quote.

Available in Colorado, Georgia, Illinois, Maryland, Michigan, Missouri, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, West Virginia