Comments on: Flip Financing http://theinvestorinsights.com/flip-financing/ Real Estate Investing in the Real World Tue, 22 May 2012 00:03:20 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: kwaku http://theinvestorinsights.com/flip-financing/comment-page-1/#comment-54105 kwaku Sun, 22 Jan 2012 04:31:53 +0000 http://theinvestorinsights.com/?p=1435#comment-54105 Has anyone done business with George R. Mallory? How did that go? How was his followup? I have lost contact with him. Has anyone done business with George R. Mallory?

How did that go? How was his followup?

I have lost contact with him.

]]> By: George http://theinvestorinsights.com/flip-financing/comment-page-1/#comment-38289 George Sat, 05 Nov 2011 22:55:17 +0000 http://theinvestorinsights.com/?p=1435#comment-38289 We offer 100% funding for the Purchase including (Closing Costs, rehab, Interest, Points)....ARV up to 65% to 75%...Terms: 90 day term… The end buyer must be in place… rates 6 ¼%-8 ½%...points 2-5... No Pre-Payment Penalties...No Junk Fees...No Appraisals (in some cases appraisals might be needed)...Fico 660, Available no fico with our equity program…Line of Credit with experience investors; we can also approved your buyer with FHA, conventional or hard money, fico 600, close in 14 days. Have a Powerful Day George R. Mallory, VP of Finance Office: 888-315-5940 Direct: 917-653-5215 Fax: 888-533-1067 Email: gmallory@trustarfunding.com Personal Email: georgermallory@gmail.com Website: www.trustarfunding.com We offer 100% funding for the Purchase including (Closing Costs, rehab, Interest, Points)….ARV up to 65% to 75%…Terms: 90 day term… The end buyer must be in place… rates 6 ¼%-8 ½%…points 2-5… No Pre-Payment Penalties…No Junk Fees…No Appraisals (in some cases appraisals might be needed)…Fico 660, Available no fico with our equity program…Line of Credit with experience investors; we can also approved your buyer with FHA, conventional or hard money, fico 600, close in 14 days.

Have a Powerful Day
George R. Mallory, VP of Finance
Office: 888-315-5940
Direct: 917-653-5215
Fax: 888-533-1067
Email: gmallory@trustarfunding.com
Personal Email: georgermallory@gmail.com
Website: http://www.trustarfunding.com

]]> By: jp moses | REI Tips http://theinvestorinsights.com/flip-financing/comment-page-1/#comment-3284 jp moses | REI Tips Wed, 25 Nov 2009 20:25:35 +0000 http://theinvestorinsights.com/?p=1435#comment-3284 You guys looking for a transactional lender to "step up" and start offering 30 day or more financing...remember what that's called? A hard money loan. And it's WAAAAY riskier than a transactional (1-day) loan. And keep in mind, Aegis isn't offering "financing" here. It's equity partnering. For the record... ;-) ...jp You guys looking for a transactional lender to “step up” and start offering 30 day or more financing…remember what that’s called? A hard money loan. And it’s WAAAAY riskier than a transactional (1-day) loan.

And keep in mind, Aegis isn’t offering “financing” here. It’s equity partnering.

For the record… ;-)

…jp

]]> By: Susan Lassiter-Lyons http://theinvestorinsights.com/flip-financing/comment-page-1/#comment-3079 Susan Lassiter-Lyons Sat, 31 Oct 2009 15:27:24 +0000 http://theinvestorinsights.com/?p=1435#comment-3079 LOL! Well, I'm not since somebody spiked my coffee with Bailey's Irish Cream this morning but here goes... In the Aegis JV agreement it says that you can "negotiate" to go past 120 days but if you haven't made that agreement at the inception of the JV then they KEEP the house at day 121. So, good news is there is a provision. Bad news is it'll be expensive and you could potentially lose the house altogether if you haven't prepared for that in advance. LOL! Well, I’m not since somebody spiked my coffee with Bailey’s Irish Cream this morning but here goes…

In the Aegis JV agreement it says that you can “negotiate” to go past 120 days but if you haven’t made that agreement at the inception of the JV then they KEEP the house at day 121. So, good news is there is a provision. Bad news is it’ll be expensive and you could potentially lose the house altogether if you haven’t prepared for that in advance.

]]> By: Toby Beavers http://theinvestorinsights.com/flip-financing/comment-page-1/#comment-3078 Toby Beavers Sat, 31 Oct 2009 14:51:18 +0000 http://theinvestorinsights.com/?p=1435#comment-3078 Maybe another transactional lender will step up and offer an additional 30 day loan that piggy backs the Aegis program. So, on the 90th day if your FHA sale has not closed the newer lender steps in and buys the property from Aegis and gives you an additional 30 days at a fair rate, providing the deal is still solid. Hey, I'm sober when I wrote this... Toby Maybe another transactional lender will step up and offer an additional 30 day loan that piggy backs the Aegis program.

So, on the 90th day if your FHA sale has not closed the newer lender steps in and buys the property from Aegis and gives you an additional 30 days at a fair rate, providing the deal is still solid.

Hey, I’m sober when I wrote this…

Toby

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