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Updated over 7 years ago on . Most recent reply

User Stats

17
Posts
2
Votes
Christian Palmer
  • Real Estate Agent
  • Sacramento, CA
2
Votes |
17
Posts

Seeking Private Money

Christian Palmer
  • Real Estate Agent
  • Sacramento, CA
Posted

I'm wholesaling as of now in North Carolina (Greensboro, Winston-Salem, and High Point mostly) and I am looking to start wholetailing. 

If youre interested in offering private money for these deals, I am coming across at least 2-5 opportunities a week (not all are deals) but there is plenty of money to be made here on these deals in this market. 

If youre interested in working together or learning more about my model, email me or comment on this thread:

[email protected]

Christian

***For off-market properties, subscribe on my buyers list via my website: ***

www.hillcmw.com

Looking for

Most Popular Reply

User Stats

1,251
Posts
261
Votes
Bob Green
  • Lender
  • Mokena, IL
261
Votes |
1,251
Posts
Bob Green
  • Lender
  • Mokena, IL
Replied

Hello Christian,

We may be able to work together on this. We provide acquisition and rehab lines of credit on 1-4 unit properties and 5+ multi units based on 3-10X your liquidity and 65% of retirement accounts. The line is revolving and can be used over and over again as you pay it down or off. For example, $100,000(cash in bank) X 5 = $500,000 line of credit.

Your credit, experience and liquidity determine lending structure and rates:

Rates down to 6.99% interest only 

Down payment as low as 10% 

Fund up to 95% of construction budget 

Lend up to 75% of after repair value

You clients would need to answer a handful of questions in regards to their credit, experience and liquidity so can vette them out.

Let me know.

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