With the banking industry in turmoil, the residential real estate investors’ ability to get funding for real estate deals have become increasingly challenging. For the SFR investor to be successful, you have to know what lending options are available and where to go to get the financing. JDB Financial offers financing for the small and large projects.
Residential Hard Money (purchase/refi & rehab)
· Up to 100% of the cost as long as total cost doesn’t exceed 70% of the ARV.
· 680 score min.
· Al, SC,NC,TN,GA,NY,OH,MI,PA,IL,KS,MO,IN
· Full Doc loan
(Lower Scores OK in GA & MI)
Residential Hard Money Purchase or Refi
· No Credit Requirements
· 200k to 5M
· Up to 75%
· All states
Commercial Loans (purchase/refi & rehab)
· Loan Amounts from 25k and up
· Credit Scores as low as 600
· Up to 75% LTV
· Seller Carry-Backs OK!
Bulk REO Loans
· 1M min-7M max
· No credit requirements
· 70% LTC
· Must be in primary market area
· Properties must have a 40% discount
Flash Cash
· As Low as 4% + 300 App Fee
· 48 hrs Closings
· POF Letter Provided
M3 Equity Group
We buy bulk reo’s directly from the bank. We have several proven exit strategies. We have a business plan, finance plan and proven track records. We also have a expert management team – Bluestone Reo.
We require a specialized line of credit style fund. We can explore once you have sent us a LOI.
We look forward to hearing from you.
Thanks,
Joe Varing
Principal