Low Doc Private Money Loans for Vacation Rentals and Multifamily Rentals 1 - 4 Units

[MontezMoney]

If your niche is buy and hold rental properties and you need cash for refi or a new purchase (no rehab), contact me at Montez@TurtleIslandInvestments.com for your funding needs. I'm interested in funding Rental and Vacation Property deals (Multifamily 1 - 4 units) from $100k - 5mil. No tax returns or personal financial statements necessary. Must have FICO score 660+, DSCR 1.2+, and have 3 months reserves for PITIA on the target property. If you meet this requirement, let's do business.

I don't fund deals in: AK, AZ, DE, ID, MN, NE, NV, ND, OR, RI, SD, UT, VT. Cities/Counties: MI: Detroit OH: Dayton

I don’t care about your other RE holdings just as long as your monthly DSCR is 1.2+

[danmansour@gmail.com]

I recently came across a "reinsured" 95% no doc loan with a $5 million minimum loan amount from a lender. The 5 percent down payment would be sourced and put into escrow and could be returned at closing. I decided to broker this loan. I wanted to find out if anyone has heard of this type of loan. If you have please share and If this is a good loan and if anyone is interested in brokering this loan with me, please contact me for arrangements. I look forward to your feedback and inquiries.

Thank you,
Dan Mansour
Marquis Financial Group llc
800-840-0603

Listed below are the guidelines and faq I have compiled:

Guidelines

95% Commercial Loan Guidelines
As a project finance & alternative capital borrower, you receive both the loan & the down payment plus all fee’s back upon funding. (100% Funding)
Loan Guidelines
ONLY 5% DOWN
LOAN FULLY INSURED
2-10...