All Forum Posts by: Alex Bekeza

Fix and Flip Line of Credit Explainer Video                         < ---------- follow this link 

@Rich Somers You can use HELOC funds for down payment and closing costs for the commercial loan. If you'd like to send over the contract and other supporting documents. I can start working on getting you an LOI!

All the best, 

@Account Closed Yes and there are several different ways to approach it depending on the value, locations, etc.  What is the estimated value of the properties and what would be the size of the loan? Also, are the properties on contiguous parcels or in scattered locations?  These are qualifying questions for the type of portfolio/debt consolidating program you're talking about. 

@Harold Robinson Very nice transformation.  How did you finance the purchase/rehab?

There are way too many great ones out there to list here.  There are a lot of “smaller” pages that provide great breakdowns of the project but a few people I’d give a shout out too would  be 

@Antoine Martel (martelantoine)

Fixfliprepeat

tysondelacruz

indarlange

Cory.nemoto

jakeleicht

varoinc 

There’s a start but Like I said there are way too many.  

I'm looking forward to seeing all of you there.  Start getting your questions ready to put me and @Sasha Mohammedin the hot seat!  

My goal is to have everyone in the room feel one step closer to either their first financed property or the best financing experience they've had to date.  We'll be prepared to discuss a wide range of funding options as we curate loans from over 80 different lending institutions.  We're hoping to field questions from first time investors all the way up to clients with 10+ mortgages looking for where to turn next. 

Whether you have questions about financing SFRs, 2-4 units, 5+ Units, Mixed-use, Commercial, Industrial, Retail or even Mobile Home Parks we'll be ready to discuss how a lender looks at the scenario based on the borrower vs. property.  Purchase, Refinance, and Debt consolidation questions are all welcome.

@David Oldenburg Seems like you need someone who understands that they're dealing with an experienced investor and you need to cut out the lengthy "get to know you" process.

There are lines of credit available where you could go ahead and purchase cash and then REFI out at 90% to free up your capital and move onto the next purchase while you work on the rehab.  It does take 2-3 weeks to unlock the capital but seems like it could be similar to what you're looking for.  

Interest is lower than 10% and origination points are 2 MAX w/ no minimum dollar amount in origination like a lot of HMLs.  $50k loan minimum.  Line is set for 5x your total liquid assets. 

Feel free to reach out anytime.  

Fix and Flip LOC Explainer Video!

All Cash Buyer?  We'll Refi you at 90% to get you your cash back and move on to the next deal!

Use Hard Money?  We'll beat their rates/leverage everyday of the week.

Send me an email with FIX AND FLIP LOC in the subject line and someone on my team will reach out to you shortly.

@Vadim Babets Looks great inside, I like the kitchen.  I sent you a PM w/ some lower cost/lower pressure financing to consider for the next deal. 

All the best, 

Watch this Fix and Flip LOC video explainer!