This is a hard money joint venture loan product, that is perfect for a savvy rehab investor to leverage our money. If the loan fits we will fund the Deal! We are funding hard money loans above the Purchase Price with our short term Joint Venture Fix N Flip hard money loan. If the Purchase Price, Closing Costs, Rehab, Fit we will fund the whole entire deal! 65% of the After Repair Value. We are fixing up one community at a time. We are actively seeking new deals to allocate funds for the the following counties: Los Angeles County , Orange County, San Bernardino County, Riverside County, San Diego County as well. Below is an example of one of our last transactions that we funded in Long Beach, The Savvy Rehaber purchased the property at a Deep Discount thanks to Chase Bank for the short Sale!
*WE HAVE A NEW JV PROFIT SHARING LOAN PRODUCT
50/50 Joint Venture Splits the Net (Case By Case we will give up some of the net profits)
SIVA LOAN (Client is Self Employed & Has Too Many write off's)
Purchase Price: $90,000
Rehab Money: $7,500
Lender/Broker Closing Costs: $8,000
4 Months Interest Reserve at 12%
Title & Escrow & etcs $2,500
We Funded a Loan Amount of $112,000 in 4 Business Days!!!!
ARV is 65% or Less, We are at 60.54% ARV on this transaction
Loan To Value is 124.44%The After Repair Value is $185,000
Property Sold for $185,000
Investor /Lender Splits Net Profits 50/50
Zero Down Option! The borrower only needed to fund the deposit!
Simple Matrix:
As long as the Purchase Price + Rehab + Closing Costs Fit into 65% or Less ARV= We Fund your Deal!
*We are Funding Loan request's between $50,000 - $1,000,000*
Send Requests or Questions to mitchvalmer@gmail.com
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