| FO Aggressive Program!
FO Aggressive -$100,000 to $5 Million (Private Hard Money Financing) BANKRUPTCY, TAX LIENS, and pending FORECLOSURE is OK !!! This is a simplified and aggressive offering. This program is used to handle difficult scenarios that most other lenders would turn down. We say YES to bad credit, non-cash flowing properties, tax liens, bankruptcy, and foreclosure. This is a TRUE NO DOC program! - NO income verifications
- A limited appraisal
- Unlimited cash out for any reason
- Loans typically close within 2-3 weeks.
- Properties that are not producing cash flow
- Properties that are currently in or nearing Foreclosure
- Properties that are in or nearing Bankruptcy
Client Profile... - Credit Impaired
- Time Impaired
- Tax Issues
- Non-Recourse Loans available (on a case-by case basis)
- Need to Cashout Equity
Property Types: - Mixed Use /Apartment Buildings –These properties integrate residential spaces with commercial uses, such as retail or office space. Often these properties have a ground floor retail store or office with apartment(s) above, all in the same building.
- Retail/Office Buildings –Designed for retail or office sales and display, this category includes stand-alone buildings such as offices, supermarkets, convenience stores, drug stores, and department stores, – as well as strip centers, and neighborhood and community shopping centers.
- Warehouses/Light Industrial Properties –Single and multi-tenant facilities that are used for warehousing, light manufacturing, distribution, research and development. Does not include buildings where heavy manufacturing or specialized industrial operations such as welding occur.
- Multi-Family Housing –We fund residential structures that contain five or more dwelling units in the same building. These multi-story buildings generally offer individual apartments for rent with common area facilities, such as an entrance, lobby, elevator, stairs, hallway, walks or grounds.
- Land Loans - Restrictions Apply
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