IMC Money

New Construction is back! - https://mailchi.mp/434a5a59c0d9/new-construction-is-back

What the beach can teach you about real estate... And the important lesson my 5 year-old son taught me.

Great News! It looks like the virus that wreaked havoc on our economy is in the past. Things are improving everyday. As you may have noticed, both the stock market and job market are on the way up. There have been many changes implemented in the real estate funding market recently. Interest rates, fees and leverage have changed. In some ways, they have actually improved. The overall market should be strong as new safety measures have been put in to avoid foreclosure and ...poor planning. However, Hard Money Lenders are extremely careful right now. You need to make sure that your HML can navigate the current market. Be careful of HMLs that have only been in business for a short time. I am happy to announce that IMC money is now funding in all 50 states. We are offering up to 80% of the purchase price and 100% of the rehab for Fix & Flip. We are a direct lender for this loan product and we do not need to broker your file out to any other company. That means from the moment you take your application with me, all the way to the closing, you will work with me and my team. We process your loan in-house and you continue to work with me and my team during the construction and rehab portion of your flip. You make your monthly payments to us and we process your draws. You will work directly with the same people during your entire project. We will be able to answer your questions and keep you on track. This is a GREAT time to be flipping houses. Your training and network will really come in handy. Please let me know if I may help you in any way. Happy Investing Chad https://www.imcmoney.com/ See more

NEW LOAN PROGRAMS!!! IMC Money is ready to fund your deal! Now more than ever it is important to work with an experienced lender. In such an uncertain time, it is important to work with a lender that is well capitalized and liquid. IMC Money is open and operating at full capacity in volume and service.... With most of our company working remote, we are well positioned to be a great partner of your today and every day. Now is the time!!! FIX and FLIP and Bridge Loans Short Term Bridge Basics AZ, WA, FL, TX, CO, HI, NV, TN, UT, NC, VA, SC, GA Non-Owner Occupied Properties 1 and 2 Year Options Up to 70-75% LTV (LTV varies by state and qualifications) 5-10 Business Days to Close No Minimum FICO Requirement $100,000-$10,000,000 Loan Amount Per Property We Lend to Individuals and Entities No DSCR Reuirement No Income Verified (No Pay Stubs, Tax Returns, W-2s) Foreign Nationals Welcome Cash Out, Purchase and Rate & Term Blanket Loans/Crosses allowed Property Types: SFRs, Condos, 2-4 Unit Multifamily Properties BUY and HOLD or Refinance Long Term Rental Programs CO, FL, GA, HI, NC, SC, TX, UT, VA, WA Non-Owner Occupied Properties 5, 7 & 10 year options - Interest only periodsUp to 70-75% LTV (LTV varies by state and qualifications) 2-3 Weeks to Close Minimum FICO of 600 $75,000-$2,000,000 Loan Amount Per Property We Lend to Individuals and Entities 1 to 1.1 DSCR Reuirement No Income Verified (No Pay Stubs, Tax Returns, W-2s) Foreign Nationals Welcome with Min. 600 Score Cash Out, Purchase and Rate & Term Blanket Loans/Crosses allowed Property Types: SFRs, 2-4 Unit Properties only Step Down Prepay depends on term

Fix & Flip Quick Close Up to 90% Purchase and 100% Rehab... Max 75% Loan-to-ARV 13-Month Term No Prepay Penalty Minimum FICO 600 Buy & Hold Purchase, Refinance, or Cash Out Rentals or Portfolios 5/1 ARM, 10/1 ARM, and 30-Year Fixed Maximum 75% LTV No Borrower Debt-to-Income Multifamily Stabilized Bridge and Value-Add Rehab 24-Month Term No Prepay Penalty Max 80% Loan-to-Cost Max 70% Loan-to-ARV

https://www.youtube.com/watch?v=7cmCgjqyZIk

Be safe tonight and have a wonderful Thanksgiving!

Index investors collectively hold more than 15% of shares outstanding of several of the largest publicly traded REITs in the U.S.: http://on.wsj.com/2eOqZdZ

We hope that everyone is having a great Monday, keep your heads up and make it an amazing week! #MondayMotivation