All Forum Posts by: Christopher Winkler

 Wow! 7 pending cases since August against that POS Carson... When will he be in prison?

We are looking for a gap funding lender to cover 5% of the loan, or $17,075.00, with the option to increase up to 10% or $34,150.00. We expect payoff to be 5 years or sooner.

Address: 212 FM3351 South, Boerne, TX 78006, north of San Antonio, TX

• • Purpose: Payoff final balloon on $1,500,000.00 loan
• • Owner Occupied: No
• • ARV: $2,000,000.00
• • New Loan: $341,500.00
• • CLTV: 36%
• • ICM Funds: $324,425.00
• • Gap Lender: $17,075.00
• • Interest Rate: 12%
• • Terms: 360 months
• • Balloon: 60 months
• • Default Rate: 16.99%

PM Me for more info...

We are looking for a gap funding lender to cover 5% of the refinance of the construction loan, or $8,700.00, with the option to increase up to 10% or $17,400.00.

Address: 12390 91st Ave, Seminole, FL 33772

• • Cash out of Rehab Loan
• • Owner Occupied: No
• • ARV: $290,000.00
• • New Loan: $174,000.00
• • CLTV: 60%
• • ICM Funds: $165,300.00
• • Gap Lender: $8,700.00
• • Interest Rate: 12%
• • Terms: 360 months
• • Balloon: 60 months
• • Default Rate: 14.99%

PM me for more info!

We are looking for a gap funding lender to cover 5% of the loan, or $8,000.00, with the option to increase up to 10% or $16,000.00. We expect payoff to be 5 years or sooner.

Address: 5660 Camino Real, Riverside, CA 92509

• • Rehab Loan to finish construction
• • Owner Occupied: No
• • ARV: $450,000.00
• • New Loan: $160,000.00
• • CLTV: 36%
• • ICM Funds: $152,000.00
• • Gap Lender: $8,000.00
• • Interest Rate: 12%
• • Terms: 480 months
• • Balloon: 60 months
• • Default Rate: 14.99%

PM Me for more info...

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If you work with any "guru" run background checks on them as they all have a shelf life and sadly they all eventually turn into this; https://www.biggerpockets.com/...

• ⢠ARV: $1,700,000.00
  • As-Is Value: $1,300,000.00
  • Purchase: $1,160,000.00
  • Purchase 75%: $975,000.00
  • Gap 25%: $185,000.00
  • Rehab & Carry: $189,725.35
  • Total Funding Needed: $374,725.35

A LLC will be formed to make the acquisition, owned by Gap funder & Manager.

PM me for more info...

Looking for Gap funding for a high end Newport Beach condo, blocks from the Ocean, Balboa Island, and Fashion Island shopping. 

• • ARV: $1,700,000.00
  • As-Is Value: $1,300,000.00
  • Purchase: $1,160,000.00
  • Purchase 75%: $975,000.00
  • Gap 25%: $185,000.00
  • Rehab & Carry: $189,725.35
  • Total Funding Needed: $374,725.35

A LLC will be formed to make the acquisition, owned by Gap funder & Manager.

PM me for more info...

I remember they deleted Joe Gore's account when I first joined BP for being a joker broker & thinking he had a fake name. 

If enough people contact support at biggerpockets.com and let them know, it might happen...