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favorite this post 100% Financing for Real Estate Investments (credit not required) (Greensboro & surounding) hide this posting unhide

REI ASSET LENDING GROUP
Little Rock, AR - show contact info

Who We Are:
We are a brand new asset-based hard money lending company based out of Little Rock, Arkansas. We have gotten to the point to be able to lend money because we are real estate investors ourselves and are very good at it. But we also understand that there is money to be made on the lending side, so we have pulled together our resources and now have the ability to lend between 10 and 20 million dollars at any given time. We lend on single family, multi-family and commercial properties, both short and long term loans. We will lend in all 50 U.S. States and Worldwide as long as the deal makes sense.

How It Works:
If you have an investment property that you need funding for, you simply email us with the property details including address, photographs, purchase contract (if available), scope of work, estimated cost of repairs and detailed exit strategy. We will then have our local professionals analyze the deal to see if it makes sense for us to invest in. Please operate as a professional and have all this information for us. We will not perform your due diligence for you, but only double check the accuracy. Upon approval, you will send us the down payment and then we will initiate the loan and work directly with the escrow/title company to get the funding in place. If for some reason the deal falls apart, we will refund your down payment immediately.

Loan Terms:
-100% financing available (acquistion & construction costs)
-6-24 month loans (loan extensions available)
-48 hour turnaround (we prefer more time for due diligence and loan preparation, but also understand how this business works. This can only happen if everyone operates in a timely manner with our requests)
-Interest rate 10%-18% (depending on risk level)
-2-4 points down payment depending on loan amount
-No Credit Checks (we only care about the asset)
-No appraisals (time is of the essence and we know real estate)
-No monthly payments (interest is accrued and paid at the end of loan)
-Construction Draws (Rehab funds will be provided in draws. When you need additional funds, simply make a request and we will have our local inspector visit the property to confirm work has been completed and then issue funding following confirmation.)


We are very busy, so please email us first at show contact info with any questions and we will follow up with a phone call if necessary. Thank you!

Now all you need is a good deal to get started. Good luck!
  • do NOT contact me with unsolicited services or offers

post id: 6441416156

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