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Purchases
Why private money for a property purchase?
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Poor Credit
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Speed, private money can by faster than conventional loans
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Much less documentation
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Easy qualifying
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Less requirements for obtaining the loan
Property Purchase Example Terms
TERM:
12 -24 months standard
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Down Payment
Usually 30% to 40%
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MAXIMUM LOAN-TO-VALUE(LTV)
Up to 70% LTV in California, outside California 60% LTV
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LOAN AMOUNT
$50K - $5MM
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LOAN PURPOSE
Investment Purpose
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BORROWER TYPE
Any
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PROPERTY TYPES
Non-Owner Occupied:
Attached or detached SFR
2-4 unit properties
Townhomes
Condos
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FOREIGN NATIONALS
allowed
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Terms and conditions expressed in this website can be changed without prior notice and are examples of what may be possible, we make no promise or guarantee that the borrower will receive these terms and conditions. Each loan stands on it's own merits or lack there of.
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