These
loans Are short term loans that are available to Investors for
properties that are distressed and need renovations Most are
no income no asset loans which some lenders don't even require
A credit score. these loan ARE Typically minimum for 3MONTHS,
but as long as 12 months. the interest vary from
8.99-11.99% Depending on the equity in the deal we have lenders that
will finance 100% purchase & 100% of repairs.
BUY &
HOLD
These loans are long term loans as long as
30YEars Fixed
On NON-Owner Occupied Properties. Down payment from 10-20%.
Some Lenders Don't Require Seasoning & are not even concerned
if the property is not fully rented.
Rates vary from low as 4.5% - 8%
SHERIFF SALE
This Loan is a
very unique product that is great for
Investors who buy @ the sheriff sales. These lenders will fundbetween 80-90% of the remaining bid and finance
100% of Repairs after you win the bid
.
REFINANCE
These loans are for Investors who are looking to
Pull cash out of their investments and pay off existing lender.
NO Seasoning and NO DOC loans. You Can cash out as much of 80%
of the market value, or if no cash is needed you can simple
just do a RATE & TERM loan. Rates vary from 4.5-8%.
