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Updated about 8 years ago on .

User Stats

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

NO DOC Flip Funding Up to 90% of PP & 100% Of Rehab

Sean Richway
  • Lender
  • Chevy Chase, MD
Posted

Infinity Capital Finance is offering our No Doc Flip Funding program in part with our exclusive GAP Funding program to leverage experienced borrowers.

No DOC Rehab Loans:

-Up to 90% of Purchase and 100% of Rehab (within 65-70% ARV)
-Interest rate of 10.99%
-Lender Points below 2.5 on all deals
-12 month term
-Closing in as little as 2 weeks on the first deal
-No Tax Returns or Income Verification
-No Asset Verification or Seasoning/Sourcing of Funds
-No Bank Statements
-Experienced Operators
-No PPP
-2nd Liens Allowed
-GAP Funding Allowed
-600 Credit Preferred
-Brokers protected on the HUD for up to a separate 1 point

GAP Funding:

-$2,000-$4,000 fee paid at closing on the HUD for the GAP funds
-No monthly payments
-Equity split on the backend of 20-50% of net profit, depending on the cash outlay of the sponsor vs. GAP investor
-Secured in 2nd position along with our 1st position

To get a quote you can apply right through our website or complete the attached, http://infinitycapitalfinance.com/apply/

  • Sean Richway
business profile image
Infinity Capital Finance
4.9 stars
7 Reviews
Offering