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Line Of Credit for Foreign Nationals

Line Of Credit

Close in 2 weeks or less (in most cases)

No Credit, No Tax Returns, No Minimum Per Property Value

Fix & Flip Key Programs:

  • LOC for investors with mortgages & remaining equity.
  • LOC up to 20% of the REMAINING equity, after existing first mortgage.
  • Yes you read correctly. This is a LOC in 2nd Position.
  • Foreign Nationals OK.
  • ANY PROPERTY TYPE (S), EVEN LAND CONSIDERED. Mix & Match
  • NO Minimum per property values
  • NO Loan Application
  • NO credit pull
  • NO Tax returns
  • NO waiting
  • NO Appraisal
  • NO tax returns
  • NO background check authorization
  • NO up-front fees
  • NO Hassle
  • NO Tax returns
  • NO business plans
  • NO cosigners needed
  • NO Tax returns
  • NO business plans
  • NO cosigners needed
  • NO Projections
  • NO invasive financial
  • NO pre-signed Quit Claim Deeds
  • NO Projections
  • NO invasive financial
  • NO pre-signed Quit Claim Deeds

RATE: 1.25% per month

TERM: 12 Months initial
MINIMUM: $50K
100k – $250k preferred (and up)
Minimum 2 properties

SIMPLE, FAST

Costs:

Underwriting fee: $500.00 / property

6 pts origination fee

6 pts exit fee

$100.00 / mo accounting fee in most cases

Paydown requirement – 80% of the NET on sale or refinance of any property secured by the LOC

ORIGINATION FEES paid out of the line.

  • Achieve 100% financing.
  • Pay taxes or liens
  • BUY OTHER GREAT DEALS!
  • Complete repairs or renovations.
  • Buy out partners
  • Simply & Easy !

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