Results 1 to 4 of 4
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10-02-2020, 05:25 PM #1
- Join Date
- Jun 2020
- Location
- Missouri
- Posts
- 59
Experienced rehabber looking to refinance 3-plex and 4-plex in FL
I have a client in Jacksonville, FL looking to refinance out of two hard money loans on a 3-plex and a 4-plex. He is VERY experienced and does incredible work on his projects. He owes $180,000, looking for $200,000, combined value of $410,000. He used his own money for the rehabs and maxed out his cards, which dropped his FICO down to 631. That presents a problem for getting a decent rate with the typical lender. He needs to have a rate in the 7% range or better. He will have his score back up within 2 - 3 months. The units are 100% leased. He will also be a repeat customer.
Tom Harrier
Integrity Commercial Loans, LLC
407-928-8542
broker@tomharrier.net
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10-03-2020, 05:12 PM #2
unfortunately 7% won't be possible with that score.
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
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11-19-2020, 06:49 PM #3
- Join Date
- Dec 2017
- Posts
- 17
If he can get his score up to 640 or above contact me.
Michael Cooper
michael@2getfunded.com
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12-16-2020, 04:22 AM #4
- Join Date
- Mar 2020
- Posts
- 160
Anthony Auriemma
Phone : 848-480-1814
Fax: 888-440-1760
Cell: 732-552-5010
Email: anthony@BilderbergBusinessLenders.com
www.BilderbergBusinessLenders.com
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