Updated about 5 years ago on .
Could $1 Million Dollars Boost Your Growth?
As a seasoned investor, I learned early on the POWER of Leverage (using other people's money). But, how do you get to it? Well, if you have plans to buy at least 4 or more properties in the next 12 months, then we should talk about our Line of Credit (LOC) to help you accomplish that plan.
The benefits:
Use of $1MM of our funds to buy and/or renovate single family and 2-4 unit properties in 28 states
Terms of each loan originated within the line are set for 24 months
Rapid closing (as fast as 5 business days)
Buy in multiple LLC's if desired
Loans do not appear on personal credit report
OK to have multiple loans open at the same time
Expand the line as needed to as high as $20MM
The catch:
Guarantor(s) of the loans must have a mid-FICO of 620+ if they have recent investing experience, and 680+ if they do not have recent investing experience
Guarantor(s) must show current liquidity of 8%-10% of the size of the line being created (Example: for a $1 Million line, must be liquid for at least $80K)
Small legal fee and line origination fee once approved for the line. $895 deposit collected at the commencement of processing the line of credit. This deposit is applied to the 3rd party costs of the first loan originated within the line. If never used - it is refunded.
What to do if you are interested in applying, or need additional info:
Schedule a time on my calendar to talk: Calendly.com/robdlp
Email me: [email protected]
If you are serious about scaling for growth, let's talk!