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All Forum Posts by: Austin Ojimgba

Austin Ojimgba has started 0 posts and replied 42 times.

Carolyn Clark, another option i think or believe might be favorable to you is to secure a Business Loan using your condominium as collateral it doesn't matter if you live on it or not or have any mortgage as the lender is willing to take up to 3rd position on the lien. Since you have enough equity on the property you will be qualified.This will be a short term loan up to 24 months and you must have a Business Account to receive funds.I can share complete information's with you assuming this is an option you will like to explore.

Wesley, how much is the closing cost that you're looking for and what is your credit score?.It will be hard for you to get a Lender to lend you money for a closing cost rather i will advise you seek a personal Loan using your credit score assuming you have a good credit score within 650 upwards. Another option is cashing out on any property you own free and clear or a Business Loan with real estate as a collateral,there are lenders that can take up to 3rd position but you must have a Business account to receive funds.There is no restrictions on the uses of funds. I can point you in the right direction assuming if you have interest in any of these options.

Jason Dobbins

I think you should provide BP members a bit more details about your transaction with the Private Loan,what are the agreements between you and the Lender?. If you provide more details BP members will be able to provide best advise otherwise you need to contact a lawyer just as @ Roman stated.

Post: First house funding?

Austin OjimgbaPosted
  • Lender
  • Posts 59
  • Votes 14

@Andrew Helmke

What is the total amount needed for Rehab?.Minimum deal for most private Lenders is within $50K anything lower than that you might find it a beat hard getting funding but not impossible.

@Michael Roblee

Jaysen is right,i don't see much on the deal

Post: Creative Financing Options?

Austin OjimgbaPosted
  • Lender
  • Posts 59
  • Votes 14

@Justin Michael Johnson

Stephanie is absolutely right stay away.

@Oscar Juarez

We can assist you on your deal,we can use our Fix & Flip Gab Funding program that provides 100%  funding for your construction and then you pay off the investor with the Refinance of your Residential Loan or we can assist you with the Refinancing through our Hard Loan program to get the amount you need for your construction.Let's connect to discuss.

@Victor D

I can assist you with funding,we provide funding Nationwide both for Land and construction so send me a PM to discuss further.

Post: Hard money in Cinci or NKY

Austin OjimgbaPosted
  • Lender
  • Posts 59
  • Votes 14

@Steven Bays I have several direct Lenders that we are closely working with and we provide Funding Nationwide.I will be glad to assist you on any deal you.

@Nero Leblanc Since you own the Property free and clear,i can help you Unlock the equity in your real estate in other for you to use the funds for the rehab or any other thing you need for.You're real estate is the only collateral.

  • Loan amounts range from $25,000-$2,000,000. Send me PM.