*Negative Cash Flow Loans*
Unique Financing Opportunity for
5 to 12 Unit Multifamily Properties
We will now consider financing properties which do not meet the standard Debt Service Requirements subject to the following:
· Negative Cash Flow OK
· 75% Maximum LTV for Purchase and Rate/Term Refinances
· 70% Maximum LTV for Cash-out refinances
· Borrower must be qualified to carry any negative cash-flow
· Minimum reserve requirements
· Property must have satisfactory Investor Appeal
· Quarterly Adjustable, 3 and 5 Year Fixed Options Available
· $500,000 to $7,000,000
CALL TODAY FOR A QUOTE
Gary Bell, MBA
First Bankers Mortgage & Realty
tel: (510) 612-1835
e-mail: gb926@aol.com
|