All Forum Posts by: Sean Richway

@Mitchell Benson  If you would be interested in a preferred lending relationship with us where we could be a offered lender for your buyers, let me know. We could offer 90% of PP and 100% of rehab at 10% and 2-3 points.

@Josh Winkler  If you would be interested in a preferred lending relationship with us where we could be a offered lender for your buyers, let me know.  We could offer 90% of PP and 100% of rehab at 10% and 2-3 points.

Hope all of you had a wonderful Holiday and New Year! I wanted to reach out to all of you because as of 1/1/2017 we became 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 Points
-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)
-Brokers protected on the HUD

Please feel free to email or call with any questions you have or to submit any deals for consideration. You can find our website at, www.infinitycapitalfinance.com as it will be up and running by early next week. Please direct any emails going forward 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 Points
-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

Thought this might be of interest to you directly or to your network of investors since we are direct lenders now.

Please feel free to email or call with any questions you have or to submit any deals for consideration. You can find our website at, www.infinitycapitalfinance.com as it will be up and running by early next week. Please direct any emails going forward to [email protected].

@Corey Reyment  You can email me directly at [email protected].

Affordable and fast fix and flip funding available nationwide! We offer a stated underwrite and do not source or season assets. GAP funding allowed as well as we don’t verify down payment funds prior to closing! Below are the 2 programs we offer:

Core High Leverage Program

-Up to 90% of Purchase Price as long as LTV is within 75% of as is value
-Up to 100% of rehab funds as long as the LTV is within 75% of ARV
-8-12% interest rate depending on LTV and experience
-2.50-4 Points (will honor discounts for repeat borrowers)
-12 month term
-No PPP
-Rehab funds are charged interest at closing

Core Leverage Program

-Up to 80% of Purchase Price
-Up to 100% of rehab funds as long as the LTV is within 75% of ARV
-10-12% interest rate depending on LTV and experience
-2.50-4 Points (will honor discounts for repeat borrowers)
-12 month term
-620 Credit score or higher
-2 completed projects or more to qualify
-No PPP
-Rehab funds are charged interest at closing

Feel free to complete our one page submission sheet for a term sheet offer at our website link below:

http://www.cfrecapitalfunding.com/apply-now/

@Corey Reyment  We would be interested in taking a look at your projects from a financing standpoint.  Feel free to reach out to me.

@Alex Hamilton  We will look at residential, commercial, and new construction as well.

Affordable and fast fix and flip funding available nationwide! We offer a stated underwrite and do not source or season assets. GAP funding allowed as well as we don’t verify down payment funds prior to closing! Below are the 2 programs we offer:

Core High Leverage Program

-Up to 90% of Purchase Price as long as LTV is within 75% of as is value
-Up to 100% of rehab funds as long as the LTV is within 75% of ARV
-8-12% interest rate depending on LTV and experience
-2.50-4 Points (will honor discounts for repeat borrowers)
-12 month term
-No PPP
-Rehab funds are charged interest at closing

Core Leverage Program

-Up to 80% of Purchase Price
-Up to 100% of rehab funds as long as the LTV is within 75% of ARV
-10-12% interest rate depending on LTV and experience
-2.50-4 Points (will honor discounts for repeat borrowers)
-12 month term
-620 Credit score or higher
-2 completed projects or more to qualify
-No PPP
-Rehab funds are charged interest at closing

Feel free to complete our one page submission sheet for a term sheet offer at our website link below:

http://www.cfrecapitalfunding.com/apply-now/

@Fred Schonfeld  We can lend in CT.  Feel free to reach out to me regarding financing.