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Michael Corso
  • Lender
  • Wildwood Crest, NJ
55
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317
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đź’˛NEW - LINE OF CREDIT 500K-2M - 620 FICO - FAST CLOSE - NO TAXES

Michael Corso
  • Lender
  • Wildwood Crest, NJ
Posted Aug 7 2019, 05:13

Our Fix & Flip Exposure Limit (LOC) offers experienced investors an exposure limit they can use to acquire and/or renovate multiple properties. The Exposure limit caters to both beginner and experienced investors.

  • The Fix & Flip Exposure Limit is designed for investors who need funding for multiple flips and renovations.
  • Inexperienced investors can get started by renovating one property to qualify for a larger Exposure Limit.
  • The Fix & Flip Exposure Limit also allows New Construction financing on the same limit.
  • All Fix & Flip Exposure Limits allow investors to close quickly.
  1. Rates as low as 6.99%
  2. Exposure limit up to $10MM with individual loan amounts from $50K to $2MM
  3. Financing for up to 90% of acquisition costs and 100% of renovation expenses, up to 75% ARV
  4. Exposure Limit options available for borrowers with zero experience
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 CondosTerm: 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

VISIT WWW.FOACORSO.COM

CALL 609-365-0001 X100

    Offering