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  1. #1

    Fix and Flip

    I am looking for a lender that can do a fix and flip loan for a 14-unit apartment building.

    Purchase: 200K
    Rehab: 350K
    ARV: 900K

    Client has a 650 credit score and has lots of experience.

    He has everything in order and is looking for a fast closing.

  2. #2
    Banned Reputation points: 19
    Join Date
    Apr 2017
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    190

    Call US at 939-491-1799. We could assist you in this deal.

    Thanks
    Elgin Cepeda
    Managing Partner
    Pacífic West Group
    Phone #939-491-1799
    Email: ecepeda@pacificwest.com

  3. #3
    Member Reputation points: 971 Ultimatecloser's Avatar
    Join Date
    Jul 2017
    Location
    South Florida
    Posts
    36

    Give us a call 561-440-3517 will be able to help you out.

    Quote Originally Posted by hardrock View Post
    I am looking for a lender that can do a fix and flip loan for a 14-unit apartment building.

    Purchase: 200K
    Rehab: 350K
    ARV: 900K



    Client has a 650 credit score and has lots of experience.

    He has everything in order and is looking for a fast closing.
    Leverage Capital Associates
    Robb Payne
    Managing Partner
    Direct (561)440-3517
    robb@levcapconsulting.net


  4. #4
    Senior Member Reputation points: 81655
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,854

    Quote Originally Posted by hardrock View Post
    I am looking for a lender that can do a fix and flip loan for a 14-unit apartment building.

    Purchase: 200K
    Rehab: 350K
    ARV: 900K

    Client has a 650 credit score and has lots of experience.

    He has everything in order and is looking for a fast closing.
    Zip Code of the property?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  5. #5
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    Quote Originally Posted by hardrock View Post
    I am looking for a lender that can do a fix and flip loan for a 14-unit apartment building.

    Purchase: 200K
    Rehab: 350K
    ARV: 900K

    Client has a 650 credit score and has lots of experience.

    He has everything in order and is looking for a fast closing.
    Current cost is $14,000 per apartment, yowzers! How tiny are these apartments and where are they located?
    Sounds like a good ROI, but seems like a hard collateral to secure for most lenders considering the size.

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