We have now connected with a vetted Private Money Lender company. I would like you all to meet AG Capital and these are their requiremnts and contact information for all your future deals.
This private money lender company can cover deals in GA Only:
For fix and flip loans we offer two structures:
1st Structure (Most people choose this one): Half a point at closing and 1.5% interest only payments due monthly with a 6 month balloon and a 6 month extension option for 1 point as long as they have been on time for all payments.
2nd Structure: 3 points at closing with 1% interest only payments due monthly with a 6 month balloon and a 6 month extension option for 1 point as long as they have been on time for all payments.
For transactional loans (double closes and morby methods):
We charge .75% for 24 hours with a $1000 minimum. If the amount is over $500k we charge 1% for 24 hours.
Up to 80% of AS-IS value. We can fund up to 100% of the Purchase Price.
Contact Information:
Name: Nitin Daswani
Phone: Best to be contacted by email