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Updated over 8 years ago on . Most recent reply

User Stats

1,631
Posts
192
Votes
Simmy Ahluwalia
  • Lender
  • Atlanta, GA
192
Votes |
1,631
Posts

100% Fix/FLIP Funding: OH, PA, NY, NJ, NC, SC, IN, IL, TN, KS, MO

Simmy Ahluwalia
  • Lender
  • Atlanta, GA
Posted

100% Financing for Acquisition, Rehab and Closing Costs:

1-4 Family NOO, only

Up to 70% of ARV

9 month term

Minimum 680 Credit

Rate Range from 10-13% I/O

Documentation Fee of $450

8% Origination Fee

(Fees can be rolled into loan amount)

FULL DOCUMENTATION REQUIRED:

1. Last 2 months of Personal Bank statements, including all retirement accounts

2. Last 2 years Tax Returns for all guarantors

3. Pay stubs for all guarantors

4. Will need to demonstrate at least 4 comparable sales within a 1-mile radius of the subject property and less than 6 months old.

5. Guarantors pay for Inspection and Appraisal

So, with this program, you bring nothing down. Lender takes all of the risk.

Please only respond IF you meet the above criteria

[email protected]

  • Simmy Ahluwalia
  • Offering

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