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stated: Non Owner Occupied 1-4 Family - 01/05/12 11:04 AM
23 Ventures is now expanding into the small balance arena to include 1 to 4 unit investment properties. This program is ideal for the investor looking to expand their investment portfolio to include 1 to 4 unit dwellings without the stringent banking policies for non owner occupied residential properties.
PROPERTY TYPES AND CONDITIONS:multi-family 1 to 4 unit dwellingsnon owner occupied/investmentmust be owned in corp or LLC name
HIGHLIGHTS:Loan Amts $50K to $500kFull and Lite Doc Options600 Middle Fico Score25 year amortizationLTV’s up to 65%Cash out Available
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stated: Residential and Commercial Hard Money-Massachusetts Only. - 11/30/10 01:05 PM
Residential and Commercial Hard Money-Massachusetts Only.
We have established a working relationship with a group that can fund residential and commercial hard money in Massachusetts. They are interested in small balance commercial and fix and flips on residential.  The property types range form owner occupied, investor, and commercial.  Thats right they can do residential owner occupied.
Typically we are looking for loans with 50% LTV and below 500K.  That will include points and interest reserves.  May be stretched with a solid deal. Interest rates will range from 12-14%, with 4-5 points, and can amortized over 30 years. There is no upfront … (1 comments)

 
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Christopher Hills, Managing Dir. Lending

Hopkinton, MA

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23 Ventures LLC

Address: 197 Main Street, Milford, MA, 01757

Office Phone: (508) 488-9186

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