Need a No Credit No Doc Low Income 5% Dn 8% 5 yr 100K Asset Loan
I'm a Rehabber/ Investor in Cleveland Ohio, and I need a No Credit Minimum, No Document, Low Income, Asset Based Loan ASAP. Loan Terms to be around 5% for Down Payment, and or Origination Points, Interest Rate <=9%, Term 2 to 5 yrs. Loan amount of 100K, for the Purchase of (2) Properties, a Single, and a Duplex, in a Package Deal, so this need to be a Blanket/ Cross Collateral Loan. Combined Purchase Price= $55K, Rehab= $35K, Aquistion Costs= $10K, Total= $100K. Rehab is Partially completed, and will be completed in full in 60 days, and rented in 30 days, Combined rents= $3,000/ mo. I will supply a Note, and First position Lien Mortgage, and will Refinance in 2 to 5 years to pay off loan. I can be reached at email: [email protected], or Cell: text or leave a voice mail at (216) 235-2739, Chuck