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Ad ID: 50635043
Visits: 14
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Location:
Orange County
Date Listed: May-09-08
Purchase Rehab & Construction
* 65-70% of 'Completed' Appraised Value * 10% required borrower cash injection * Purchase, Refinance, Rehab, Construction * Minimum loan amount $100,000 to $2M * Stated Income, Stated Assets * Private funding, bridge loan, spec loan * built interest payment reserves * 2-6-12 months short term note * may consider seller carryback and/or cross-collateral * Licensed, Insured & Bonded Contractor * Contractor's resume & references * Construction Costs Breakdown * Approved Plans & Permit * Draws are payable on bids, invoices, and receipts * Project summary & Strong exit plan Ideal Program for Investors and Contractors If you are a real estate investor or experienced contractor who finds discounted properties, REO/bank owned sales, and you are interested in rehabbing and construction work, this program offers 65-70%LTV of 'subject-to' or 'completed' appraised value for spec loan or bridge financing. Call Now and talk to a Rehab Construction specialist Wilshire Commercial Partners Toll-Free 1-888-WCP-1050 (1-888-927-1050) Visit us at http://wcpfund.com (cut and paste) Call us today we want to hear from you! Wilshire Commercial Partners, Inc. CA Dept of Real Estate - Real Estate Broker #01816468 |
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