All Forum Posts by: Bob Green

Hello Steve,

I will PM you.

Hello Lou,

I will PM you.

Hello All,

As many of you are aware, we provide acquisition and rehab lines of credit on 1-4 unit properties and 5+ multi units based on 5X your liquidity including 70% of retirement accounts. The line is revolving and can be used over and over again as you pay it down or off. For example, $100,000(cash in bank) X 5 = $500,000 line of credit.

Your credentials and location of properties determine lending structure and rates:

• Rates down to 7% interest only
• Down payment as low as 10%
• Fund up to 95% of construction budget
• Lend up to 75% of after repair value

Please answer the questions below so I can determine what your interest rate will be!

1. Current credit score?

2. How many fix n flip transactions have you completed over the past 2 years?

3. How many rental properties do you currently own? How many have you purchased over the past 2 years?

4. What location(s) are you acquiring properties to either fix n flip or buy/hold.

5. How much cash on hand do you have in the bank?

6. Do you have a home equity line of credit? If so, what is available balance?

7. Value of retirement accounts including 401K, IRA, Stcoks, Mutual Funds, Money Market, Bonds, Cash from Insurance policy, etcs. Please be specific as to the value of each investment type.

8. Any bankruptcies, short sales or foreclosure? If so, how long ago.

9. How many properties do you have under rehab currently? Purchase price? Rehab costs? "As is" value? After repair value?

10. Real estate goals over the next 12 months?

11. Are you open to fix n flip opportunities where we provide the foreclosed property, rehab team, attorney, etc., and you have the potential to profit $20,000 - $30,000 per property?

Looking to Invest in Real Estate? Want to profit from fix n flip properties but don't have the time or resources to do so? Please read below.

Hello All,

Many of you are already a client or I have communicated extensively with you in regards to real estate finance and investing. You know that I am a seasoned real estate investor and lender and enjoy sharing my vast knowledge.

That said, I have a great opportunity for you.

I am the lender for the largest foreclosure broker in Illinois. They are contracted by HUD and various other lending institutions to sell their distressed real estate. They take the guesswork out of real estate investing, and known for their ability to identify undervalued real estate and provide their investor clients with an investing System (bankers, lawyers, rehab team' and real estate brokers) to find, buy, remodel and then sell or rent investment properties.

• 20 years of experience
• Sold 1400 distressed properties to a group of 150 investors last year and on pace to close 1500 this year
• Proven investing system
• Access to experienced investor rehab teams
• Help add to your bottom line by selling the property for only 3% total commission
• Relationship based, no hidden fees

Step 1: Reach out to me to be pre-approved for a acquisition and rehab line of credit based on 5X liquidity and 65% of retirement accounts. I will ask a series of questions in regards to your credit, experience and liquidity. Based on your answers will advise a lending strategy best fit for your situation.

Step 2: Schedule a time for conference call with the real estate investment firm to review program and process.

Step 3: Real estate investment firm will send you properties to review, which will include acquisition price, estimated rehab costs, after repair value, and comparable's.

Step 4: Accept property and fill out the required paperwork to be approved for rehab loan.

Step 5: Close on property and let rehab team remodel home

Step 5: Sell property for profit - goal is $20,000 - $30,000 average net profit

Step 6: REPEAT PROCESS

Scott,

Is the property turn-key or require rehab?

Hello All,

As many of you are aware, we provide acquisition and rehab lines of credit on 1-4 unit properties and 5+ multi units based on 5X your liquidity including 70% of retirement accounts. The line is revolving and can be used over and over again as you pay it down or off. For example, $100,000(cash in bank) X 5 = $500,000 line of credit.

Your credentials and location of properties determine lending structure and rates:

• Rates down to 7% interest only
• Down payment as low as 10%
• Fund up to 95% of construction budget
• Lend up to 75% of after repair value

Please answer the questions below so I can determine what your interest rate will be!

1. Current credit score?

2. How many fix n flip transactions have you completed over the past 2 years?

3. How many rental properties do you currently own? How many have you purchased over the past 2 years?

4. What location(s) are you acquiring properties to either fix n flip or buy/hold.

5. How much cash on hand do you have in the bank?

6. Do you have a home equity line of credit? If so, what is available balance?

7. Value of retirement accounts including 401K, IRA, Stcoks, Mutual Funds, Money Market, Bonds, Cash from Insurance policy, etcs. Please be specific as to the value of each investment type.

8. Any bankruptcies, short sales or foreclosure? If so, how long ago.

9. How many properties do you have under rehab currently? Purchase price? Rehab costs? "As is" value? After repair value?

10. Real estate goals over the next 12 months?

11. Are you open to fix n flip opportunities where we provide the foreclosed property, rehab team, attorney, etc., and you have the potential to profit $20,000 - $30,000 per property?

Looking to Invest in Real Estate? Want to profit from fix n flip properties but don't have the time or resources to do so? Please read below.

Hello All,

Many of you are already a client or I have communicated extensively with you in regards to real estate finance and investing. You know that I am a seasoned real estate investor and lender and enjoy sharing my vast knowledge.

That said, I have a great opportunity for you.

I am the lender for the largest foreclosure broker in Illinois. They are contracted by HUD and various other lending institutions to sell their distressed real estate. They take the guesswork out of real estate investing, and known for their ability to identify undervalued real estate and provide their investor clients with an investing System (bankers, lawyers, rehab team' and real estate brokers) to find, buy, remodel and then sell or rent investment properties.

• 20 years of experience
• Sold 1400 distressed properties to a group of 150 investors last year and on pace to close 1500 this year
• Proven investing system
• Access to experienced investor rehab teams
• Help add to your bottom line by selling the property for only 3% total commission
• Relationship based, no hidden fees

Step 1: Reach out to me to be pre-approved for a acquisition and rehab line of credit based on 5X liquidity and 65% of retirement accounts. I will ask a series of questions in regards to your credit, experience and liquidity. Based on your answers will advise a lending strategy best fit for your situation.

Step 2: Schedule a time for conference call with the real estate investment firm to review program and process.

Step 3: Real estate investment firm will send you properties to review, which will include acquisition price, estimated rehab costs, after repair value, and comparable's.

Step 4: Accept property and fill out the required paperwork to be approved for rehab loan.

Step 5: Close on property and let rehab team remodel home

Step 5: Sell property for profit - goal is $20,000 - $30,000 average net profit

Step 6: REPEAT PROCESS

Hello All. I personally have been investing in real estate for over 10 years, and understand the challenges that residential real estate investors face every day. Whether it’s working to improve cash flow, convert loans to better terms and unlock equity from existing property, or even trying to fund new acquisitions, we are uniquely qualified to assist you.

Have you been turned down by the bank due to:

1. Credit score under 700?

2. Property cash flow is good but personal debts are to high?

3. Do not show enough income on tax returns?

4. Own to many properties?

5. Etc., etc., etc.

We make “asset-based” loans, which means we evaluate the cash flow of your rental property rather than your personal debt to income ratio. - No tax returns required - Bank rates/terms

Our typical client has been turned down by the bank due to insufficient income shown on their tax returns. We make it simple to qualify and use a common sense approach to approving your loan. Personal debts do not count against you.

Please reach out to me for further details.

Jennifer,

You could get a rehab loan at a local community bank or through a hard money lender and then refinance into long term debt. If you go through a local community bank you would likely need to qualify from a debt to income stand point. If through a HML there is no debt to income requirement.

Asury,

Is the home titled in LLC or personal name?