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All Forum Posts by: Ryan Davies

Ryan Davies has started 3 posts and replied 312 times.

Post: Any Hard money lenders out there

Ryan DaviesPosted
  • Investor
  • Salt Lake City, UT
  • Posts 338
  • Votes 123

Heres the norm 

  • Rates: 9% to 13% (Most Deals are 11-12%)
  • Terms: up to 36 Months (Most Deals are 6-12 months)
  • Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))
  • Minimum Loan Amount: $50,000 (For loans less than $250,000 we charge $2,500 minimum)
  • Max Loan: 65%-70% of After Repair Value(ARV)
  • 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)
  • Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks
  • We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WV, WI, WY.
  • NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Post: 🌟 Utah Wholesalers: Recommendations & Networking Wanted! 🌟

Ryan DaviesPosted
  • Investor
  • Salt Lake City, UT
  • Posts 338
  • Votes 123

Tons of investors here. Happy to help. Just let me know

Post: Private lending in 2nd position

Ryan DaviesPosted
  • Investor
  • Salt Lake City, UT
  • Posts 338
  • Votes 123

You could also buy the property and give them the option to buy it back, that way you have ownership(control). 

Post: New to Investing in Real Estate

Ryan DaviesPosted
  • Investor
  • Salt Lake City, UT
  • Posts 338
  • Votes 123

I'm in Utah and very experienced. Feel free to reach out! Happy to help in any way that I can.

Post: Looking for Hard Money Lender

Ryan DaviesPosted
  • Investor
  • Salt Lake City, UT
  • Posts 338
  • Votes 123
  • We can help. Rates: 10% to 14% (Most Deals are 12%)
  • Terms: 1 Day - 24 Months (Most Deals are 6 months)
  • Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))
  • Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)
  • Max Loan: 65% of After Repair Value(ARV)
  • 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)
  • Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)
  • We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WV, WI, WY.
  • NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

DSCR and Hard Money for sure

Post: Looking for Private lenders

Ryan DaviesPosted
  • Investor
  • Salt Lake City, UT
  • Posts 338
  • Votes 123

Happy to help. Let me know what questions I can answer.

Post: Fix and flip lender

Ryan DaviesPosted
  • Investor
  • Salt Lake City, UT
  • Posts 338
  • Votes 123
  • Rates: 10% to 14% (Most Deals are 12%)
  • Terms: 1 Day - 24 Months (Most Deals are 6 months)
  • Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))
  • Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)
  • Max Loan: 65% of After Repair Value(ARV)
  • 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)
  • Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)
  • We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.
  • NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Post: Hard Money Lender

Ryan DaviesPosted
  • Investor
  • Salt Lake City, UT
  • Posts 338
  • Votes 123
  • Rates: 10% to 14% (Most Deals are 12%)
  • Terms: 1 Day - 24 Months (Most Deals are 6 months)
  • Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))
  • Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)
  • Max Loan: 65% of After Repair Value(ARV)
  • 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)
  • Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)
  • We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.
  • NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Most work this way: 

  • Rates: 10% to 14% (Most Deals are 12%)
  • Terms: 1 Day - 24 Months (Most Deals are 6 months)
  • Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))
  • Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)
  • Max Loan: 65% of After Repair Value(ARV)
  • 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)
  • Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)
  • We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.
  • NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.