Fix & Flip
RENOVATION FUNDING!   

Finding Financing

Multi Millionaire and Mentor:
Multi Millionaire and Mentor:

Financing

    Click and See The FILIPINO GROUP:

http://connectedinvestors.com/blog/fund-it/cix-com-real-estate-investment-funding-portal-reaches-10b-milestone/  (Clickable)

 Earn While You Learn: Real Estate Investor Seeks Student!

Apply Here:  vpitts18221@gmail.com 
Financing: 
The act or process or an instance of raising or providing funds also! The funds thus raised or provided are used to provide a better way of life.

Manila Philippines 289

Los Angeles Real Estate Seminar 004 - Copy

Larry Goins

 

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Multi-Millionaire From Scott Yancey Group Trainer and Mentor:

Up Too! $150,000.00 Line of Credit Available With Partnership With (P&E)

I’ve also attached a couple of documents that will help educate you on how to become a successful investor and the borrowing process with Pitts Enterprises Inc. We want committed borrowers and want to build long-term relationships. I look forward to speaking to you soon Have a great day!

 

Let's Close Let's Close let's Close!
Let’s Close Let’s Close let’s Close!

Documentation Needed to Begin Funding Process:

1. Completed Application
2. 2 Month’s current bank statements
3. Guarantor’s Information (ID, LLC info, etc)
4. Purchase Contract (If applying for Purchase)

In an effort to fund your deal more quickly and help strengthen the quality of your deal, we have listed below a series of highly productive and frequently asked questions that our company may ask for our funding department as they market your loan depending on the size of the loan. Please respond to all of the questions below that are applicable to your loan. By answering these questions, we hope to expedite the funding of your loan:

Purpose! Service! And Goals! The Bigger the WHY! The Smaller The HOW!
Purpose! Service! And Goals! The Bigger the WHY! The Smaller The HOW!

1. Why are you buying this property?
2. How much do you plan to make on this project?
3. How many projects have you completed this year?
4. How much did you make on your last deal?
5. What do you know about the local market to help a lender from across the country fund this loan?

6. What do you do for a living?
7. Do you have other forms of income other than real estate?
Pre-Qualifying & Basic Loan Process
1. What State were you looking to invest in?
2. Are you doing commercial or residential investments?
Residential

We have a “slogan in the office” learn more-love God-live better-think in grow rich-watch your future grow.
We have a “slogan in the office” learn more-love God-live better think in grow rich-watch your future growth.

1. We loan up to 65% LTV of purchase and Renovation cost.
2. We are a short-term lender anywhere from 6 to 24 months in term
3. We run our own appraisals (which is paid for by the client upon approval of the deal). Which is prior to closing)
4. We require one up-front application fee $1,495.00!
5. We only do business to business lending (LLC or Corporation)(If you do not currently have this setup, it must be done prior to closing)
6. We have no Pre-payment penalty fees
7. We can provide proof of funds if needed to acquire the property
8. We don’t lend to primary residence (Owner-Occupied)
9. The other 20% + closing costs can be made up with hard cash, a line of credit, another lender/partner willing to take 2nd position, if you own a property free & clear (can use as collateral), or we may be willing to do a seller carry-back at 65% of LTV

10. We don’t need a credit report to make a loan!!!

Must have the property under contract to complete loan process!!
We like our borrowers to have a good exit strategy & have the ability to service the loan while it is active (2 months bank statements)***
Commercial

New Construction & Raw land funding:

We can only fund new construction & raw land funding if you have free & clear assets available that have enough value to cover 120 – 150% of the construction bid/cost. This will be placed in escrow with a scheduled draw until the job is complete.

Trust Yourself Be The Boss!
Trust Yourself Be The Boss! Rehab Funding

Rehab funding: Free and Clear Properties:

We will provide up to 55% of the LTV on rehab funding if the borrower has free & clear assets available to cross-collateralize the deal.

Refinances:

We can provide up to 50% of the current as-is market value and provide cash-out financing based on the value of your free & clear property!!

We can fund up to 65% of the current as-is market value and provide rehab financing based on the value of your free & clear property!!

No seasoning requirements for all refinance! International funding unavailable:

We do not lend outside of the U.S. – If you have U.S. based entity and opportunity is within the U.S., we will consider working with you.

Los Angeles Real Estate Seminar 009

Dean West Coach:  Goins Group:

 

Los Angeles Real Estate Seminar 013

Daven Michaels:

Stress Free Outsourcing System:

 

Los Angeles Real Estate Seminar 007Los Angeles Real Estate Seminar 011

Partners, Marketing Guru Partnership With The Goins Group: 

 CRITICAL SOLUTIONS ASSET:

   Click Here: $150,000.00 Line of Credit Available With Partnership With (P&E)

Jim Merkours
Jim Merkours Project Manager: Finding Financing

 

J-V-M- REMODELING Jimmy MERKOURS

GENERAL CONTRACTOR:  PROJECT MANAGER:

 

 

5526 S. Well 048

CARPENTER-PLUMBER-ELECTRICIAN:

Up Too! $150,000.00 Line of Credit Available With Partnership With (P&E)

THINKING OF JOINING OUR TEAM!

WHAT EVER HAPPEN IN THE PAST LEAVE IT THERE:

TODAY IS THE BEGINNING OF THE REST OF YOUR LIFE:

JOIN HOW!

     Click Here:  $150,000.00 Line of Credit Available With Partnership With (P&E)

LET'S BUILD SOMETHING TOGETHER. CLICK HERE!
LET’S BUILD SOMETHING TOGETHER. CLICK HERE!

Let's build something Together.
Let’s build something Together.  CLICK HERE

 

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