Lines of Credit to $5M for ACTIVE Real Estate Investors

[Simmy Ahluwalia]

If you are a very active Real Estate investor with either FLIPS, HOLDS and/or both, then this LOC might be for you. Your LIQUIDITY (bank account statements) will be used to determine how much you will qualify for. For example, with strong credit and financials, and with $100k in your bank account - should qualify you for a $1M LOC.

FIX/FLIP:

Up to 90% loan to cost

3.25% origination fee

8.5 to 11.5% I/O

70% ARV

TERM:

75-80% LTV on Purchase

6 to 8.5% fixed

5/1, 7/1, 30 year term

3.25% origination fee

DOCUMENTATION:

LOC Application

2 Months Bank Statements

2 Years Personal and Business Tax Returns

Operating Agreement/Entity Documentation

Spreadsheet history of Deal Completed

PROCESS:

Term Sheet in 48 hours

7 to 10 day close

CONTACT:  [email protected]