Private Money411 Magazine - The Source for Real Estate Finance Private Money411 Featuring Sarah Montes | Page 34

INC Financial is now funding up to 100 % of rehab
1 . California 2 . Washington costs for house flippers . 3 . Arizona 4 . Texas

100 % FINANCING for REHABS

INC Financial is now funding up to 100 % of rehab
THE FIRM NOW LENDS IN 10 STATES :
1 . California 2 . Washington costs for house flippers . 3 . Arizona 4 . Texas
In addition , 5 . Colorado
ZINC now has 6 . Michigan a preferred joint 7 . Tennessee venture program 8 . Indiana where ZINC will 9 . Ohio advance 100 % of
10 . New Mexico acquisition and rehab costs for well-experienced PROGRESSIVE LOAN PROGRAMS investors .
ZINC now offers one of the most progressive line-
ZINC is a ups of loan options for real estate investors in the states direct lender , not the company does business in . Whether your investment a broker , which strategy is to buy and hold or fix and flip , ZINC has a allows for decisioning within loan program for you . hours . “ There is no middleman ,”
Todd Pigott , Principal of Zinc Financial states Todd Pigott , Principal of ZINC .
He also indicates that all decisions and wires are controlled in-house .
Fast-growing ZINC Financial is expanding and now offers an even more attractive lineup of lending products for serious real estate investors . This includes high LTV loans for rehabbers , stated income programs , and joint venture ( JV ) opportunities . They even expanded rental financing for up to $ 10 million in seven nearby states . Pigott states : “ This is a great opportunity for investors to seize private money at historical low rates without the hassle of bank requirements .”
LENDING ON THE RISE IN 2017
ZINC Financial , the Fresno , California-based lender , has continued to see 40 % to 50 % growth in its loan volume each year , and expects a similar rise in funding this year . The firm says liquidity continues to be great , and is banking on the continued bright and stabilized outlook for the market by expanding its office space in California and hiring additional employees .
100 % REHAB FUNDING
Rehabber loan options run up to 90 % of the acquisition price , plus 100 % financing of the rehab . Zinc provides four rehab programs fitting a variety of investor skill sets , ranging from those who are new to the industry to pro investors , as well as those rehabbing to reposition properties as rentals . ZINC even has a program for those seeking to get cash out after buying auction properties .
STATED INCOME LOANS
ZINC Financial also provides aggressive stated income loans for real estate investors . No tax returns are required , and you may need as little as one recent bank statement to qualify . Low credit scores may be accepted on a case-by-case basis . Note that these are all business purpose loans designed for non-owner occupied property investments .
FIX & FLIP LOANS ZINC ’ s Fix and Flip short-term loans are used for :
• General fix and flip properties
• Foreclosures
• Trustee sales
• Outdated properties
• Single and multifamily properties
• Auction properties
• Homes with stop work notices or permit issues
Realty411Guide . com PAGE 34 • 2017 Private Money411