100% financing for Purchase, lending up to 40% of the after repair value of the project.
a. Minimum funding: $20,000
b. Maximum funding: $99,000 (normally)
c. LTV, up to 40% based on as is/FMV (Fair Market Value) on improved real estate, less 10%
costs; see No. 16 & No. 21 below). Raw land = 20% FMV.
d. Time: 30-90 days (normally)
e. Geography: Available in all 50 states and DC
2. Funds we provide are to be used with a property you:
a. Already own free and clear, or
b. Can flip, preferably in 30 days or less.
3. N.O.O. (Non-Owner-Occupied), investor-owned properties only
4. Investment must be secured by a first position note/deed