I recently had the pleasure of working with a new borrower on the acquisition of two foreclosures in Columbia, SC. The borrower was purchasing two houses from a foreclosure sale in order to renovate and flip them. By the time he contacted Lending HQ, he has already placed the winning bid at the foreclosure auction in Columbia, SC and paid the 5% cash deposit.
Lending HQ secured the remaining purchase funds in addition to the renovation funds. Since the borrower was able to put up additional real estate as collateral, we were able to do 100% financing of the purchase and include cash for renovations without appraisals and without escrowing the renovation funds.
I work with borrowers, who do not meet traditional bank loan guidelines, in order to secure funds for residential and commercial investment real estate transactions via private lenders. I have now closed over 161 transactions and counting.
