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Updated over 6 years ago on .

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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
2,759
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4,876
Posts

Front Loaded Draws for Fix and Flip US Commercial

Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
Posted

Here's a great twist to an old program

Front Loaded Draws for the short on cash borrowers.

Here's how the math works.

If you're a borrower with:

  • Decent credit (680+ middle score)
  • A property that is going to end up <70% ARV when all is said and done
  • A total of 10+ flips or a combination of 10+ flips and rentals in the last 36 months

We can get you 90% of the purchase price and a 10% initial draw PAID AT CLOSE]

This reduces your cash to close and drops the barrier to entry way down.

If you don't have the experience, but knows someone that does, we can use their experience toward your deal at no obligation other than them being <20% member on the LLC.

If you don't have the cash to close, same deal; you can get a cash partner because we don't require seasoned or sourced funds

Programs like this don't come around too often.  Take advantage today

Happy investing

Stephanie

  • Stephanie P.
  • Offering