Portfolio Lenders ??

[Michael Dunn]

Good Afternoon,

Can someone who has personally dealt with and or knows of some Trusted Portfolio Lenders that are in the Memphis,TN 

I'm preferably looking for Portfolio Lenders in the Shelby County ( for TN area ), and in the Desoto County ( for the MS area )

Thank you for the help and any information or personal experience anyone is willing to share with a Lender they have used that does Portfolio Lending.

And also please ..... What Terms did the Lender(s) you used offer,

1. Is The LTV based off of the ARV ?

2. What Percent down do they require ( 20% or 25% ) ?

3. What ( If any ) Seasoning Period do they require

4. What type of Interest Rate did you get

5. What ( if any ) amount of Points did you have to pay up front

6. What about tying the Costs for all of the Repairs into the Loan ...... Were the Funds administered to you for the work out of an Escrow account ? And how where the Draws given .... once a month ? Every week ?

Thanks again, I appreciate all of the help