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New Program!! 4 units eligible for commercial Hard Money Financing

14 Mar

Hard Money Commercial Financing

– must be in LLC
– all credit scores must be in 600
– max loan amount 400
– max ltv 65%

we will need rent rolls and likely the schedule E of their tax returns, photos (which shows rental properties)
basically a semi stated loan rates between 9.75- 12%
hard to get much more specific it will still be a case by case approval based on how they like the deal. Financing is in most states

The hard $ structures for rehab are as follows keep in mind these are for this DC metro area, 55% or so more in desirable areas and property types (multifamily most desirable) 55% of the completed value however structured. You probably do not know each opportunity will reviewed and the our questions will be property specific. The EXIT strategy will play heavy on the outcome.

Call (443) 531-0835 Anthony

 
 

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