Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Mark Bassali

Mark Bassali has started 20 posts and replied 43 times.

Post: NO INCOME DOC / 30-yr TERM / NO POINTS / BUY & HOLD Properties

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

We are a Nationwide Direct Wholesale Lender looking for Brokers/Investors who have an interest in our NO INCOME VERIFICATION loan program for "Buy & Hold" turnkey and ready Income Producing Properties (acquisition or refinance). Here's the simplicity of our product:

PROPERTIES WE LEND ON

SFR - up to 75%LTV - No DTI Required - Cannot be Primary Residence/Owner-Occupied - Have to currently own Primary & 1 Investment Property for PURCHASE MONEY TRANSACTIONS - REFINANCES require Primary and the Subject Property being Refinanced - 650 Min FICO Required - Min/Max Loan Amount is $75k-$1.5MM

2-4 UNITS - up to 75%LTV - 650 Min Fico Required - Min/Max Loan Amount is $75k- $2MM

Multifamily / Mixed-Use - up to 75%LTV - Can be Owner-Occupied or N/O/O - Min/Max Loan Amount is $100k-$5MM

Office/Retail/Warehouse/Self-Storage/Automotive - up to 70%LTV - Can be Owner-Occupied or N/O/O - Min/Max Loan Amount is $100k-$5MM

TERMS/RATE OFFERED

3 or 8 Year Fixed, Amortized over 30-yrs, NO POINTS, with rates at par under our No Income Verification loan program - We do not offer a bank statement or full doc program at this time

WHY VELOCITY vs HARD MONEY?

FIX&FLIP/ARV OPTIONS AVAILABLE

NO INCOME/EMPLOYMENT VERIFICATION

NO TAX RETURNS

NO PAY STUBS

NO YTD PROFIT & LOSS

NO 4506/CPA LETTER

NO 12-24 MONTHS BUSINESS BANK STATEMENTS

NO BALLOON PAYMENT

NO CASH OUT RESTRICTIONS

NO RESERVE REQUIREMENTS

NO EXIT STRATEGY, PERSONAL FINANCIALS or EXECUTIVE SUMMARY

PROGRAMS FOR FOREIGN NATIONALS/INVESTORS

OKAY FOR WAGE EARNERS & FIRST TIME INVESTORS

CAN VEST AS INDIVIDUAL OR LLC/CORP

1ST TD’s ONLY / PURCHASES & REFINANCES

LOAN AMOUNTS FROM 75k-5MM

NO MAXIMUM NUMBER OF PROPERTIES OWNED

FAST BROKER APPROVAL WITH NO BUYBACK CLAUSE

NO DCR ON SFR’s or COMMERCIAL LOANS UNDER $500k

It really is that simple... Contact me directly with any questions or scenarios you may have.

[email protected]

Post: Looking for funding

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

Hey Sochima, 

I can most likely help you out with your investment. All of our programs are No Income doc, and no tax return information with par rates. If you are interested, send over some info of this property. Thanks.

[email protected]

Post: FICO driven lending

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

It's as simple as this. For more information, email me at [email protected]

Post: Looking for hard money / private money lenders

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

Hey Stephen, 

I am a nationwide lender. Lending on both residential and commercial properties. 

No income docs, tax return info, and no DTI to close.

Thanks. 

Post: PURCHASE / REFI / CASH-OUT REFI

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

Offering short and long term loans with easy qualifications.

30-year fully amortized loan / 1-year interest only options / ARV program.

- Purchase / Rate & Term Refi / Cash-Out Refi

- No tax return information required, no income documentation, no DTI analysis

- Asset-based

- Low FICO qualifications

- Wholesale rates

- Nationwide lending (few restrictions)

- Residential and Commercial properties

- Loan amounts up to $5 million

Ready for your same day loan approval?

[email protected]

Post: I need no doc / low doc financing for multifamily in Florida

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

Hey Rick,

I can offer a 30-yr fully amortized loan. No personal income docs, no tax return info, no DTI.

Up to 75% LTV, low FICO minimum.

Email me if you're interested: 

[email protected]

Thanks Rick.

Post: Loan programs for investment properties

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

Hey Erick,

Send me an email with this info:

  1. Purchase, Refi, C/O Refi?
  2. Property Type
  3. FICO
  4. Purchase Price
  5. Loan Amount

Please also include if the property is occupied or vacant. Thanks Erick.

[email protected] 

Post: Loan programs for investment properties

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

Offering short and long term loans with easy qualifications.

30-year fully amortized loan/1-year interest only options/ARV program.

- Purchase / Rate & Term / Cash-Out Refi

- No tax return information required, no income documentation, no DTI analysis

- Asset-based

- Low FICO qualifications

- Wholesale rates

- Nationwide lending

- Residential and Commercial properties

- Loan amounts up to $5 million

Ready for your same day loan approval?

[email protected]

Post: NO INCOME DOC / 30-yr TERM / NO POINTS / BUY & HOLD Properties

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

We are a Nationwide Direct Wholesale Lender looking for Brokers/Investors who have an interest in our NO INCOME VERIFICATION loan program for "Buy & Hold" turnkey and ready Income Producing Properties (acquisition or refinance). Here's the simplicity of our product:

PROPERTIES WE LEND ON

SFR - up to 75%LTV - No DTI Required - Cannot be Primary Residence/Owner-Occupied - Have to currently own Primary & 1 Investment Property for PURCHASE MONEY TRANSACTIONS - REFINANCES require Primary and the Subject Property being Refinanced - 650 Min FICO Required - Min/Max Loan Amount is $75k-$1.5MM

2-4 UNITS - up to 75%LTV - 650 Min Fico Required - Min/Max Loan Amount is $75k- $2MM

Multifamily / Mixed-Use - up to 75%LTV - Can be Owner-Occupied or N/O/O - Min/Max Loan Amount is $100k-$5MM

Office/Retail/Warehouse/Self-Storage/Automotive - up to 70%LTV - Can be Owner-Occupied or N/O/O - Min/Max Loan Amount is $100k-$5MM

TERMS/RATE OFFERED

3 or 8 Year Fixed, Amortized over 30-yrs, NO POINTS, with rates at par under our No Income Verification loan program - We do not offer a bank statement or full doc program at this time

WHY VELOCITY vs HARD MONEY?

FIX&FLIP/ARV OPTIONS AVAILABLE

NO INCOME/EMPLOYMENT VERIFICATION

NO TAX RETURNS

NO PAY STUBS

NO YTD PROFIT & LOSS

NO 4506/CPA LETTER

NO 12-24 MONTHS BUSINESS BANK STATEMENTS

NO BALLOON PAYMENT

NO CASH OUT RESTRICTIONS

NO RESERVE REQUIREMENTS

NO EXIT STRATEGY, PERSONAL FINANCIALS or EXECUTIVE SUMMARY

PROGRAMS FOR FOREIGN NATIONALS/INVESTORS

OKAY FOR WAGE EARNERS & FIRST TIME INVESTORS

CAN VEST AS INDIVIDUAL OR LLC/CORP

1ST TD’s ONLY / PURCHASES & REFINANCES

LOAN AMOUNTS FROM 75k-5MM

NO MAXIMUM NUMBER OF PROPERTIES OWNED

FAST BROKER APPROVAL WITH NO BUYBACK CLAUSE

NO DCR ON SFR’s or COMMERCIAL LOANS UNDER $500k

It really is that simple... Contact me directly with any questions or scenarios you may have.

[email protected]

Post: Cashout Refi needed for a Philly West Germantown home

Mark BassaliPosted
  • Lender
  • Westlake Village, CA
  • Posts 53
  • Votes 27

Hey Mauricio,

I can get you up to 75% LTV c/o of the current value(after rehab) on your property. 0% Lender fee. Let me know if you're interested. Thanks!

[email protected]