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All Forum Posts by: Michael Corso

Michael Corso has started 124 posts and replied 217 times.

Post: To flip or buy and hold?

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56

Flip in the beginning to accumulate cash flow.

Post: LLC or not? What do y’all think?

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56

LLC will protect your personal assets.

Post: 💲💲 100% TRUE REAL ESTATE LOANS - Compare us / Free Appraisals

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56
REAL ESTATE LOANS - FIX FLIP AND LANDLORD
Ask about a FREE appraisal ends 1/31/2020
What We Do:
  • FIX & FLIP loans with Rehab
  • Line of Credit of $4M for Pro Borrower for Fix & Flips Rates Starting at 6% Including 100% Rehab
  • 30 Year STATED Loans up to 80% CLTV
  • Commercial Stated Program
  • New Construction
  • Multi Family Fix and Flip Loans
  • Business Loans
  • Land loans
  • ​Blanket Loans

ASK HOW TO GET A FREE APPRAISAL ends 1/31/2020

Property Type: 1-4 residential units (includes condos, townhomes & PUDs)
Loan-to-Value: Up to **90% of purchase price PLUS Rehab Funds!
With Rehab: Up to 75% of After Repair Value (ARV)
Transaction Type: Purchase or refinance

Rehab Holdback: Up to 100% of purchase price (other factors depend on scope of construction)
Interest Rates: As low as 7.99%APR (varies based on LTV & experience)

Closing Process: 10 business days from completed app. Quicker for repeat borrowers (2 To 5 Business Days)
Loan Term: 12 months
Junk Fees: None, legitimate 3rd party fees charged with no mark-ups

Rate Type: Fixed Rate, Interest Only
Loan Amount: Up to $5,000,000 ($75,000 minimum) for $5M+Call For Details
Prepayment Penalty: None

INVESTOR 1-4 : This program is designed for SFR, condo, Townhome, and 2-4 unit investment properties. Maximum LTV of 75% up to $10,000,0000.

TRADITIONAL A : This Program is designed for multi-family and mixed-used properties. Maximum loan amount is $5,000,000 with a maximum LTV of 75%.

TRADITIONAL B This Program is designed for office buildings, warehouses, self-storage, automotive services, and general retail. Maximum loan amount is $5,000,000 with a maximum LTV of 65%.

For more information or request application Fill out this short request form or call 609-849-0501

Find Out More

Post: 💲💲 100% TRUE REAL ESTATE LOANS - Compare us / Free Appraisals

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56
REAL ESTATE LOANS - FIX FLIP AND LANDLORD
Ask about a FREE appraisal ends 1/31/2020
What We Do:
  • FIX & FLIP loans with Rehab
  • Line of Credit of $4M for Pro Borrower for Fix & Flips Rates Starting at 6% Including 100% Rehab
  • 30 Year STATED Loans up to 80% CLTV
  • Commercial Stated Program
  • New Construction
  • Multi Family Fix and Flip Loans
  • Business Loans
  • Land loans
  • ​Blanket Loans

ASK HOW TO GET A FREE APPRAISAL ends 1/31/2020

Property Type: 1-4 residential units (includes condos, townhomes & PUDs)
Loan-to-Value: Up to **90% of purchase price PLUS Rehab Funds!
With Rehab: Up to 75% of After Repair Value (ARV)
Transaction Type: Purchase or refinance

Rehab Holdback: Up to 100% of purchase price (other factors depend on scope of construction)
Interest Rates: As low as 7.99%APR (varies based on LTV & experience)

Closing Process: 10 business days from completed app. Quicker for repeat borrowers (2 To 5 Business Days)
Loan Term: 12 months
Junk Fees: None, legitimate 3rd party fees charged with no mark-ups

Rate Type: Fixed Rate, Interest Only
Loan Amount: Up to $5,000,000 ($75,000 minimum) for $5M+Call For Details
Prepayment Penalty: None

INVESTOR 1-4 : This program is designed for SFR, condo, Townhome, and 2-4 unit investment properties. Maximum LTV of 75% up to $10,000,0000.

TRADITIONAL A : This Program is designed for multi-family and mixed-used properties. Maximum loan amount is $5,000,000 with a maximum LTV of 75%.

TRADITIONAL B This Program is designed for office buildings, warehouses, self-storage, automotive services, and general retail. Maximum loan amount is $5,000,000 with a maximum LTV of 65%.

For more information or request application Fill out this short request form or call 609-849-0501

Find Out More

Post: $99+ Real Estate Sign Post Rentals

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56

Excellent Deal !!

Post: Who Doesn’t Love Wealth?

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56

Define Wealth ?

Post: Akron, OH JV Partner or Private money needed

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56

We have great programs.

Post: This is the final week to get you FREE appraisal on new home buy.

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56

This is the final week to get you FREE appraisal on new home purchase.


-RESIDENTIAL
-COMMERCIAL
-MIX USE
-APARTMENT COMPLEX
-MOBILE HOME PARKS
-OFFICE
-RETAIL
This offer is good until this week only. Paperwork must be approved by this week so apply today. Offer not good on refinance loans just new purchase loans. (restrictions apply)

Some of our other products include
OUR PROGRAMS

P&L ONLY

  • LTV 85%
  • FICO 680
  • 2 Year & YTD P&L provided enrolled Tax Agent, or Licensed Tax Preparer, or Licensed CPA
  • No Bank Statements Required

12/24 MONTHS BANK STATEMENTS

  • Business and Personal
  • 90% LTV
  • Min. FICO 560
  • 50% DTI
  • 100% Deposits Accepted
  • 50% expense ratio or expense letter from CPA/Tax preparer

2 MONTH BANK STATEMENT

  • 12 months P&L provided by Tax Agent, or Licensed Tax Preparer, or Licensed CPA
  • Max LTV 80%
  • FICO 680
  • DTI 43%
  • 2 months bank statements

NO RATIO/DSCR

  • No income, no reserves
  • LTV 80%
  • FICO 620
  • DSCR <1.00 Ok
  • Foreign Nationals

ASSET UTILIZATION

  • Cash at 100%
  • Cash out Ok
  • Securities at 90%
  • Retirement at 70%
  • 75% LTV
  • FICO 660
  • Income is – All Eligible Assets Divided by 100

1099

  • Schedule C, 2 yr 1099 Ok
  • FICO 660
  • Max LTV 85%

WRITTEN VOE

  • No Paystubs, W2, Tax Returns, 4506-T
  • 2 personal bank statements required
  • Max LTV 85%

NON PERMANENT RESIDENT

  • Self-Prepared P&L Statements
  • 80% LTV
  • 620 Credit Score
  • 25% ownership acceptable

FOREIGN NATIONALS

  • 75% LTV
  • Loans up to $ 5,000,000
  • CPA Letter or Employment Letter
  • No Income Option
  • 1 reference letter
  • 2 months Bank Statements

LITE DOC PROGRAM

  • 10 Days to Close
  • Interest Only
  • No Income on 1003
  • LTV 70%
  • Foreign National
  • Finance up to 5% of closing costs
  • Condohotel Ok
WEBSITE WWW.IMNDIRECT.NET
QUESTIONS PLEASE CALL US AT 609-849-0501

HOURS
MON-FRI 10AM-7PM EST
SAT 11AM-5PM EST

Post: NO DOC LOANS - Rates from 6.875%+, 200k min, 14 day closing

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56

IMN Direct Capital LLC is committed to maximizing your market opportunity. The no doc option to our programs is one of our innovative tools that qualifies your loans using current rents supported by market rents. This streamlined program will eliminate the time consuming process of gathering additional documentation.

--CORE PROGRAM HIGHLIGHTS

Multifamily, mixed-use, office, retail, lt. industrial / warehouse, self-storage, mobile home parks, 1-4 Single Family Pools (5+ properties)
Loan amounts from $200K - $5M
Rates starting at 6.875%
LTV's up to 80%
Credit Score as low as 600 (<600 case-by-case)
Fully amortizing terms up to 30 years

--1-4 UNIT RENTAL PROPERTY PROGRAM HIGHLIGHTS

1, 2, 3, and 4 unit rental properties (warrantable)
Loan amounts from $75K - $1.5M
Rates starting at 4.900%
LTV’s up to 80%
Credit Score as low as 640 (<600 case-by-case)
Fully amortizing terms up to 30 years

If you find yourself in need of financing, give me a call. I’d be happy to discuss your loan options with you. www.imndirect.net 609-365-0001 x100

Post: 💲💲 100% TRUE REAL ESTATE LOANS - FREE APPRAISAL ON PURCHASES

Michael CorsoPosted
  • Lender
  • Wildwood Crest, NJ
  • Posts 317
  • Votes 56
We have funding for every experience level and credit level. We are closing super fast and offer free advice to our subscribers.

MENTION THIS AD AND GET A FREE APPRAISAL ON PURCHASE LOANS

100% Purchase / Rehab Flip Loans Options :

680 Fico: 11%APR - 3-5 Pts - Just need Close Cash - 2 yr Taxes - 2+ Experience Deals - Must be Homeowner - Pay IO monthly - CO, FL, IL, IN, KS, MD, MO, NC, NJ, NY, OH, PA, SC, TN, TX and VA


90% Purchase / 100% Rehab Flip Loan Options :

620 Fico: 6.99-10% APR based on Experience - 1.5-3 Pts - Lite Doc - No Taxes - Reserve Required - Fast Close

75% Purchase / 100% Rehab Flip Loan Options :

600 Fico: 7-10% APR Based on Experience - 1-3 Pts - Lite Doc - No Reserve - Can put up to 3 payments in loan

80% - 30 Year Landlord Loan Hold Options :

620 Fico: 5.5% up APR - 1-2 Pts - 5/1, 7/1 and 10/1 ARM options - 10/15/30 years - 21 Day Close

Why Choose IMN Direct Capital LLC ?

  • We always answer the phone or return calls within minutes unlike other companies
  • We service all states
  • We do Residential, Commercial, Mix Use, Condo Conversion and New Construction
  • Painless document collection

Ready to get started call 609-365-0001 x100



MENTION THIS AD AND GET A FREE APPRAISAL ON PURCHASE LOANS