Skip to content
Classifieds

User Stats

317
Posts
55
Votes
Michael Corso
  • Lender
  • Wildwood Crest, NJ
55
Votes |
317
Posts

Experienced Flippers - 90% Purch-100% Rehab / 6%apr / 1.5 Points

Michael Corso
  • Lender
  • Wildwood Crest, NJ
Posted Jul 17 2019, 02:04
Program Details ​

Offering up to 90% Purchase & 100% Rehab

As the leading lender in direct private financing, Finance of America specializes in Fix & Flipping investment properties for a Real Estate Investor. Our program offers financing for purchasing a property as well as the construction funds to fix the property. With a max 90% acquisition, 75% ARV you have the comfort of our financing 100% of the construction.

With our Fix and Flip, Buy & Hold and Multi Family our program will give you an opportunity to make an easy profit while revitalizing neighborhoods.

Property: SFR, 2-4 Unit, PUD, Multi-Family (20 unit max)/Mixed-Use, Detached or Townhouse Style Condos

Term: 12 Months Initial Term

Loan Amount: $50k to 2 Million

Interest Only Starting at: 6.99%

Loan to Value: Up to 90% Purchase

Rehab Funds: 100%

Ownership: Individual or Entity (Foreign Nationals Welcome)

Max After Repair Value: 75% ARV

No Pre-Payment Penalty

Questions Call 856-279-8359

Offering