All Forum Posts by: Ivan Castanon

I am looking 

@Steve Cooper Hi Steve! My phone number is  813-966-5531

I’m a private lender in Tampa looking to partner with other private lenders to co-fund fix-and-flip projects. If you are interested in collaborating  let’s connect.

Hello, I am a private money lender in Tampa, and I would love to talk about this opportunity. Let’s connect!

I’d love to talk about this opportuniy

Hi Steve, I have the same goal as you. I am looking to invest my own money as a private lender and I would love to talk about this opportunity. I am in Tampa and I we can talk any time. I sent you a private message as well.

I am able to provide direct private financing for real estate investors looking to fund fix-and-flip projects or BRRRR deals

⁃ Quick Closings: As fast as 5-7 days

⁃ Competitive rates and no origination fees

⁃ Loan Amount : $10,000 - $120,000

⁃ LTV: up to 70% ARV

If you’re an investor in need of financing, feel free to send me a message or comment below, and we can discuss how I can help.

I was genuinely curious. I was not trying to argue. After doing some research I realized that the first lien lender has so much control over the purchase price. I assumed that foreclosure house sales are usually sold near ARV or maybe at a slight discount. I didn't know that, but now I understand the risk better.

Hello all!

I am currently reading books and educating myself about private lending. I am interested in jumping in, but I am not sure if I have enough money. I have $110k ready to invest in Florida. I would like to fund a fix and flip deal with a first lien position in Florida. 

Is this reasonable or do I need more money? I know that I should try to stay at 60% - 70% LTV. But is this possible with my current capital? Is this LTV based on ARV or the purchase price?

If I don't have enough for a first position lean, is it even worth it getting second positon liens?

Thank you!