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

    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+
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  • no doc, 95 percent commercial loan 5 million minimum loan amount 5 percent loan

    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
    ...
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