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Updated over 8 years ago on . Most recent reply

User Stats

1,299
Posts
136
Votes
Sean Richway
  • Lender
  • Chevy Chase, MD
136
Votes |
1,299
Posts

Direct Lender - 95% LTC Leverage at 10% and 2-3 Points

Sean Richway
  • Lender
  • Chevy Chase, MD
Posted

We are a direct private money lender that provides financing through loans secured by non-owner occupied residential real estate. Our interest-only bridge loans are a quick and flexible option for developers and investors. We offer fast funding and fast approval for our bridge loans. Our lending parameters include:

-Loan Amount: $75,000 – $2,000,000 (small/larger amounts case by case)
-Leverage: Up to 90% of purchase price and 100% of rehab
-Interest: 10%
-Points: 2-3 points
-Term: 12 months
-LTV: Up to 70% ARV
-Recourse: Yes
-Pre-Payment: None
-Underwrite: Stated underwrite, no seasoning/sourcing of assets
-As is Value is not considered or looked at

Infinity Capital Finance prides itself on being able to offer a common-sense underwriting approach to evaluating properties. Contact us about your next deal!

  • Sean Richway
business profile image
Infinity Capital Finance
5.0 stars
4 Reviews
Offering

Most Popular Reply

User Stats

1,299
Posts
136
Votes
Sean Richway
  • Lender
  • Chevy Chase, MD
136
Votes |
1,299
Posts
Sean Richway
  • Lender
  • Chevy Chase, MD
Replied

@Luke Diem  

@Jeff Fields

We do lend in Michigan but the borrower needs to be experienced.  We are a bit selective in MI to what we are funding but if it is in a solid neighborhood and the numbers make sense we will lend towards it.  Let me know if you have any other questions.

  • Sean Richway
business profile image
Infinity Capital Finance
5.0 stars
4 Reviews

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