Do Fix & Flips with our money - or your money...

By
Mortgage and Lending with LX Financial LLC

We are still faced with the best real estate opportunities of a lifetime. As sad as it is to say, the economic malaise continues to serve us very well. My investment group is interested in funding 

highly profitable (fix and) flip projects - up to 100% of hard cost.

 

INVESTMENT CRITERIA

Our investment criteria are as follows:

  • 1-4 family properties only. (2,3,4-family preferred)
  • Preferred investment size: $20K-$100K ($200K max)
  • NJ, NY only
  • ARV (After Repair Value) of at least 150% of hard (purchase and rehab) cost
  • Cross-collaterization on other properties considered.

 

If you are interested in:

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Rainmaker
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Tonya Jones
Solid Source Realty, Inc. - Lithonia, GA
REALTORĀ®

Hi Paul, I wish you were lending in Georgia.  I like to buy, rehab and sell to first time buyers.  The lender that I used previously has gone out of business for doing too many bad deals.  The hard money lenders around metro Atlanta now want way too much money upfront and their fees are too high.  I always got in and got out of my deals with no problem by keeping my prices low enough to attract a buyer. 

Jan 15, 2012 01:18 PM #1
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Rainmaker
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Paul Luykx

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