Results 1 to 11 of 11
-
11-15-2017, 07:28 AM #1
- Join Date
- Apr 2017
- Posts
- 190
Crazy Question: Do anybody do Residential Owner Occupied Hard Money?
I know doesnt exist since 2006, but always somebody are creative and do it!!!! I have some deals looking this kind financing. Just in case PM only. Thanks
-
11-15-2017, 10:20 AM #2
- Join Date
- Jul 2016
- Posts
- 13
Hello
My name is Charles Jones,if you are still looking for a source of Residential Hard Money,I am working with a Direct Lender that may be able to get the money that you need.A 10 day close,Rates starting at 8.99%,6-18 Month Term.
-
11-15-2017, 10:32 AM #3
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 263
I need this for one of my clients too! I have a broker friend that has two sources, but says its expensive. I may reach out to Horizonx and compare notes...
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
-
11-15-2017, 11:30 AM #4
- Join Date
- Jun 2017
- Posts
- 119
We can fund a client that has a residential owner occupied property to pledge, however, they would need to own a business and have revenue coming in to that business to support the repayment on the loan. If you would like to discuss further, please feel free to reach out at your convenience.
Mike Bernier
201-273-9162
mikeb@grandcapitalfunding.com
-
11-15-2017, 11:31 AM #5
This isn't the forum for this, if it is owner occupied there are laws that prohibit you from brokering conventional financing unless you have an NMLS, if its Non owner occupied, there is my self and about 3 others on this forum that could provide you Hard Money Financing directly,
Last edited by Jstarr; 11-15-2017 at 11:35 AM.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
-
11-15-2017, 11:33 AM #6Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
-
11-15-2017, 12:00 PM #7
Maxim Commercial Capital
I do alot of OWNER OCCUPIED hard money loans. You would have to use Maxim Commerical Capital. They are out of California. My neighbor referred me to them. They have a business an used the personal home to secure the loan. The home is worth 750k. They will structure it as a business loan secured by the personal home with bi weekly and monthly payments. They lend 75% LTV and then on a 2:1 ratio of the 75%. Reach out to them they could help.
-
01-08-2018, 04:59 PM #8
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 263
I have dealt with them before.. tough to get anything done.. but definitely worth a try!
Shannon Harris
Funding Specialist
888-705-8818 phone
239-790-2664 fax
Shannon@StellarBusinessFunding.com
www.stellarbusinessfunding.com
-
01-08-2018, 05:55 PM #9
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
We have had success with other groups in California.. Check out the scotsmanguide.com and do a lender search
-
09-07-2018, 04:23 PM #10
- Join Date
- Sep 2018
- Posts
- 16
I can do that - feel free to contact me if you have any deals that you need help on
Ben Corey
Funding Manager
714-495-2186
ben@usacapitalco.com
-
10-31-2018, 01:28 PM #11
- Join Date
- Dec 2016
- Posts
- 55
call me to discuss
718 301 6346
Similar Threads
-
Hard money / sfr / non-owner / natural person
By CFSCCorp in forum Deal BinReplies: 5Last Post: 10-19-2017, 10:31 AM -
Business Owner; HI; Wants to use Owner Occupied Resid Real Estate
By Will Sanio in forum All Other LendingReplies: 0Last Post: 08-25-2017, 07:20 PM -
Looking for hard money lender able to lend on owner occupied in Washington State
By North Coast Financial in forum Deal BinReplies: 5Last Post: 11-18-2016, 02:01 PM -
Owner Occupied hard money loans in OREGON
By North Coast Financial in forum All Other LendingReplies: 1Last Post: 09-15-2015, 09:54 PM -
hard money for residential
By Jstarr in forum All Other LendingReplies: 2Last Post: 03-31-2015, 08:27 AM