This video explains how you can get up to 100% financing with us on your real estate investing loans. We break down our requirements and what to do if your loan doesn’t qualify. Here are the main things to know:
After Repair Value is known as ARV. We lend up to 74% of the property’s ARV.
For example, if you had a house with an ARV of $400,000 you would multiply that by 74%, which is $296,000. That means we could do a hard money loan for up to $296,000.
Now in that $296,000 you would need to include the purchase price, the rehab cost, the closing costs, 5 months of interest payments, and the loan fees. If all of that still fits under the $296,000 it will most likely qualify for 100% financing.
We also have a rehab limit of $150,000. That also need to fit within that 74% of the property’s ARV.
Get all your questions answered about our 100% financing program by scheduling a free consultation call with one of our investment associates by going to
Read More
By: The Investor's Edge
Title: How to Get 100% Financing for Real Estate Investing with The Investor''s Edge-Requirements Explained
Sourced From: www.youtube.com/watch?v=TfT1cfVtvs4
_______________