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CHRIS SEWELL
Thanks for scheduling a time to chat with me to help you sell your REOs faster... by letting potential buyers know about a Private source of capital they can utilize.
You simply add a small blurb in your listings that says: "PRIVATE SOURCE OF FUNDING AVAILABLE"
Then direct the potential buyer to https://privatemoneyexchange.co
SFR Requirements
Residential (1-4 units)
2800 SQFt max
ARV under FHA max
5 bedroom / 3 bathroom max
1/2 acre lot max
Short-Term Purchase + Rehab
6-24 month terms
Interest only payments
Up to 65% ARV (10% cash down at closing or higher / 90% of Rehab)
8%-15% (or higher if your personal financial profile is challenged)
3-8 Points (or higher if your personal financial profile is challenged)
Credit score min: none, but we still want your scores to assess risk profile
Past bankruptcy, foreclosure, repos OK, but loan will cost A LOT more
Application fee: $0
Due Diligence Processing fee: $250 (due after you get a Terms Sheet)
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