All Forum Posts by: Omar Ferrer

@Omar Ferrer Happy to help. Feel free to reach out.

Hey @Omar Ferrer,

I'd be happy to help. Feel free to reach out. 

Yes definitely . No income no doc . 30% down on the purchase providing 100% of the construction upto 65% ARV . No reserves or liquidity required either

@Omar Ferrer,

We've worked with first time flippers.  Our principals are developers themselves so they can give you a good review of your project from both a lender and developer perspective.  Feel free to reach out if you'd like to discuss specifics.

Hey @Omar Ferrer reach out to @LaMancha Sims - He's a private lender and is more open to these scenarios.  He requires a 680+ FICO and has good terms for the fix/flip projects.

Hey @Omar Ferrer,

For a first timer the biggest differentiator is going to be your FICO. Most lenders will be around 80% Purchase and 100% of rehab if the deal works out, but if you can show them a good FICO then you might be able to creep the initial loan amount up a bit more assuming the loan amount meets the criteria that they want.