All Forum Posts by: Sean Richway

@Dien Vo Do you have any experience in flipping homes? Can you send me your ARV comps that are supporting your $300K value?

We are a direct private money lender that provides financing through loans secured by non-owner occupied residential real estate. With more than 30 years of combined experience, the partners of Infinity Capital Finance have organized operations around sound business practices, integrity, efficiency, and practical approaches to real estate lending. Infinity Capital Finance prides itself in being able to provide financing to a wide variety of real estate investors by creatively tailoring loan programs around the needs of a particular borrower.

Our interest-only bridge loans are a quick and flexible option for developers and investors. We offer fast funding and fast approval for our bridge loans. Our lending parameters include:

Loan Amount: $75,000 – $2,000,000 (small/larger amounts case by case)
Leverage: Up to 90% of purchase price and 100% of rehab
Interest: 10%
Points: 2-3 points
Term: 12 months
LTV: Up to 70% ARV
Recourse: Yes
Pre-Payment: None
Underwrite: Stated underwrite, no seasoning/sourcing of assets
As is Value is not considered or looked at

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@Dave Grimson  All of our loans are 12 months with no prepayment penalty and are interest only for the duration of the loan.

Infinity Capital Finance prides itself on being able to offer a common sense underwriting approach to evaluating properties.

We are a direct fix and flip lender offering 10% interest and 2-3 points on our projects. We lend up to 90% of Purchase and 100% of Rehab.

Contact us with your next flip project!

@Alphonso H.  We could look at the projects in Mississippi but they would have to be in high demand areas for us to consider.  Send me an email to [email protected].

As of 1/1/2017 we are proud to announce that we are now a direct lender for fix and flips. Commercial and bridge loans will be available starting Q3 of 2017 as for now we are focused on 1-4 unit residential properties. Below is a brief overview and some key points to how we will lend:

-90% of purchase price
-100% of rehab (we prefer rehab be equal to or less than 50% of PP but can go higher)
-10% interest rate
-2-3 Point
-12 month term
-No PPP
-Up to 70% of ARV
-Stated underwrite with no seasoning or sourcing of assets
-We do NOT look at as is value
-Brokers protected on the HUD

We are marketing directly in NY, NJ, PA, DE, MD, DC, VA, SC, and FL. However, we will lend nationwide as long as the sponsor has experience and cash for the down payment, closing costs, and monthly interest payments.

Sean Richway, President
Infinity Capital Finance
410-593-7824
www.infinitycapitalfinance.com

Follow Us Below For Updates and Recently Funded Deals:
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@Kevin T.  If you have any buyers that need financing feel free to refer them to me.  In CO we are currently funding fix and flips projects directly at 90% of purchase and 100% of rehab.  Our cost is 10% and 2-3 points.

@Thomas Zak  Feel free to reach out to me regarding any projects you have in NY.  We are funding fix and flip projects directly at 90% of PP and 100% of rehab.  Our cost is 10% interest and 2-3 points.

As of 1/1/2017 we are proud to announce that we are now a direct lender for fix and flips. Commercial and bridge loans will be available starting Q3 of 2017 as for now we are focused on 1-4 unit residential properties. Below is a brief overview and some key points to how we will lend:

-90% of purchase price
-100% of rehab (we prefer rehab be equal to or less than 50% of PP but can go higher)
-10% interest rate
-2-3 Point
-12 month term
-No PPP
-Up to 70% of ARV
-Stated underwrite with no seasoning or sourcing of assets
-We do NOT look at as is value
-Brokers protected on the HUD

We are marketing directly in NY, NJ, PA, DE, MD, DC, VA, SC, and FL. However, we will lend nationwide as long as the sponsor has experience and cash for the down payment, closing costs, and monthly interest payments.

Sean Richway, President
Infinity Capital Finance
410-593-7824
www.infinitycapitalfinance.com
Follow Us Below For Updates and Recently Funded Deals:
Linked In  Facebook  Twitter

As of 1/1/2017 we are proud to announce that we are now a direct lender for fix and flips. Commercial and bridge loans will be available starting Q3 of 2017 as for now we are focused on 1-4 unit residential properties. Below is a brief overview and some key points to how we will lend:

-90% of purchase price
-100% of rehab (we prefer rehab be equal to or less than 50% of PP but can go higher)
-10% interest rate
-2-3 Point
-12 month term
-No PPP
-Up to 70% of ARV
-Stated underwrite with no seasoning or sourcing of assets
-We do NOT look at as is value (which I know some of you experienced some issues with previous funders we used to work with)
-Brokers protected on the HUD

We are marketing directly in NY, NJ, PA, DE, MD, DC, VA, SC, and FL. However, we will lend nationwide as long as the sponsor has experience and cash for the down payment, closing costs, and monthly interest payments.

Sean Richway, President
Infinity Capital Finance
410-593-7824
www.infinitycapitalfinance.com
Follow Us Below For Updates and Recently Funded Deals:
Linked In   Facebook   Twitter