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All Forum Posts by: Brandon Croucier

Brandon Croucier has started 1 posts and replied 574 times.

Post: Hard Money Lender for 80,000 needed

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

I just need a minimum Loan Amount of $100k, 80k Purchase, 80 LTV = 64k

$64,000 + Min $36k Rehab, How much is your rehab?

Post: Where to refinance a balloon land contract

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

Hi Rachel, what was the purchase price? 
I would love to connect and see if I could assist you on this transaction.

Post: Need Capital for a Land Purchase

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

Let's connect! I could assist with 50% LTV Land

Post: Need To Find A Lower Interest Rate For My Self Storage Facility

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

I wouldn't spend the time, 10% is a beautiful rate on self storage, best I've heard of in quite some time.

Post: Buying without counting towards DTI

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

DSCR Loans are the perfect product for you, they do not take into account your income..

We strictly look at the properties income! Would love to connect and see how the product works for your goals.

Post: Hard Money Lenders

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

Hi Robert, 

When it comes to hard money there are a variety of uses...
When you mention wholesaling, are you planning on actually closing on the property or simply assigning the contract? If assigning the contract you wouldn't need any funding.. What you are looking for may be considered gator funding, where an investor lends you money for EMD and typically expects a return on the deal itself.

Post: PML for fix and flips and short sale

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

Typically its 80% of the total cost of the project or even 20% down of purchase price, funding 100% of your rehab. Would love to connect so I can learn more about your real estate goals.

Post: Options for pulling equity out of rental property for purchase

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

Hi Anthony, I can service a investment property heloc however it might not be the best solution. Rates on these investment heloc's are 12-15% right now... You might just be better off doing a cash out refinance.

Post: Need more cash to finish rehab

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

Goodmorning Johana,

Best bet is we refinance the note and see what kind of terms we can get going on this.

Typically can close fairly quickly here in texas using hard money notes. I will send you a PM and see how we can help.

Post: Private lending-Expired term but continued loan

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 625
  • Votes 259

8 Points, or whatever you think is fair.

I can help assist them and see what is possible on their end for equity.