Property Type:
Single Family Residence
Rehab Amount:
$45,000
Location:
Lawton, OK
Deal description, pros and cons
As-is-value:
$408,000
ARV:
$520,000
Purchase Price:
$402,200
Loan Amount:
$386,800
Rehab Amount:
$40,000
Rate:
10%
Term:
12 MO
Maturity Date:
7/1/2023
LTC:
86.69%
Loan to ARV:
74.38%
Borrower FICO:
750
#Deals:
22
Month Reserve:
$200.000
Hold or Sale:
Sale
Operations Summary
Global Integrity Investments LLC specializes in making short-term loans toseasoned house flippers, buy and hold investors, and beginner investors. The fund has a unique structure that allows investors to receive a monthly dividend. The company has implemented an extensive credit policy manual that ensures the business can provideinvestors with excellent returns without having to take an unusually large credit risk.
Through its lending operations, the company provides loans of up to 85% LTVvia 1st mortgages. The company will keep a focus on providing credit for hard money, bridge loans, and long-term rental. The company also generates substantial fees from managing private equity funds and selling seasoned loans to the secondary market. To drivebusiness, the Company also offers a range of qualifying and negotiable considerations, such as moderate credit requirements, points, prepayment penalties, application fees and value-added services. The major revenue stream of Global Integrity Finance is originationand processing/underwriting fees charged to borrowers, and yield spread on loans sold to the secondary market.
Global Integrity Finance is a nationwide, direct, hard money lender. They provide many different types of real estate investment products for brokers as well as borrowers. Located in McKinney, TX, they’ve been serving the community for 25+ years and now serves our entire nation. They truly have a comprehensive understanding of the mortgage industry unlike any other lender.
