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02-04-2020, 01:25 PM #1
- Join Date
- Nov 2019
- Location
- Philadelphia Region
- Posts
- 5
Seeking REI Lending Source
Need DIRECT LENDING source for the following;
Cashout/Rifi
70% - 75% LTV desired
Experienced RE investor (small player)
Portfolio (6) properties
Can be split into two loans, 4 on one, 2 on the other if need be
Rural Texas
Closest MSA is Houston (about 70 miles)
Total Portfolio Value: $365,000 - $390,000
Each property valued $60,000 to $65,000
Existing balance (all properties): $100,000
Anticptaed loan amount: $255,000 - $292,000
Stirctly Asset-Based
(Personal FICO mid score 599)
Above average DSCR
Client has other [commercial] properties as well
NOT AVAILABLE FOR CO-BROKERAGE
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02-04-2020, 03:50 PM #2
Email me.
Jerry Starr
Insource Funding
433 Plaza Real, Ste 275 Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
Jerry@insourcefunding.net | insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
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