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Contractors Wanted for Rehabs Properties available for contractors to Rehab with high profits


Contractors Wanted For Rehab Homes

An Opportunity For Long-Term Growth & Profitibility

 

Your Opportunity For Success

rehab homesGeneral contractors, renovators, and residential construction companies, are you looking for investment properties to rehab and make profit?

Are you a contractor that can rehab a house?

We have properties available for you!

Do you need financing for your project?

We have financing available.

Call us today to get started.

 

Southern Ontario Properties

Southern Ontario has a large number of properties currently available in good areas but these properties are in need of some TLC. Our company can help you locate a property that fits in your investor criteria. We have access to both listed and For Sale By Owner properties.

Our services do not stop at locating the properties. We offer the financing to purchase and rehab these properties. We have the Hard Money Loans to allow you to purchase properties in need of rehab and obtain the money for the rehab in the loan. This is a way for you to take control of your own project and make money.

We offer loans based on the after repair value and allow those funds to cover 100% of the purchase price and rehab work. We write notes for a 6 month period with options to extend if needed.

 

Objective

Our objective is to provide rehab loans to contractors, renovators and construction companies while relieving the stress of making loan payments while the home construction is being done. Many contractors that take a rehab loan are stuck making payments toward the loan out of the initial amount. We want you to focus on the rehab of the property, not on the loan payments. You don’t pay anything until the construction is done. Your loan is not to be paid until the earliest of 6 months or when the house is sold, at which time a balloon payment of the principle and the interest will be due.            

Interest rates on rehab loans tend to be a bit higher than conventional loans but with Blackthorn Investment Group Inc. you only pay a 14-16% interest rate. We want to help you get your investment property into top shape and be able to sell it for a profit as quickly as possible. With a good rehab lender on your side you will feel far less pressure in the already stress full rehab business.

If you are not planning to live in the home during construction, you may finance up to six months of mortgage payments during the construction period. In addition, you may act as your own general contractor or do the actual repair work yourself, if you are qualified. The amount of the rehab loan depends on the future value of the project once it’s completed. We lend up to 75% of the after repair value (ARV). You can receive financing for your project with in 48 hours. You can start with one project and as you get familiar with our lending practices and have a proven track record we can increase the amount of projects we will finance on a case by case basis. 
  • LOANS ARE BASED ON AFTER REPAIR VALUE
  • UP TO 75% OF THE AFTER REPAIR VALUE
  • LOAN INCLUDES ACQUISITION AND REHAB COSTS!
  • REHAB FUNDS ARE PAID IN DRAWS AS WORK IS COMPLETED
  • EXTRA INCENTIVES TO INVESTORS THAT DO REPEAT BUSINESS
  • NO PAYMENTS UNTIL THE END OF THE 6 MONTH CONTRACT OR EARLIER WHEN THE HOUSE IS SOLD.
  • AFTER FIRST LOAN, NO NEED TO RE QUALIFY ON FUTURE PROJECTS
  • QUICK FINANCING AND REHAB DISBURSEMENT
  • NO LIMIT TO NUMBER OF PROPERTIES DONE WITH REHAB LENDER
  • FUNDING IN 48 HOURS

 

Most mortgage financing plans provide only permanent financing. That is, the lender will not usually close the loan and release the mortgage proceeds unless the condition and value of the property provide adequate loan security. As a result, the purchase of a house that needs repair is often a catch-22 situation, because the bank will not provide a long-term mortgage to buy the house until the repairs are complete, and the repairs cannot be done until the house has been purchased.

In such situations, homebuyers usually have to follow a complicated and costly process, first obtaining financing to purchase the property, then getting additional financing for the rehab work, and finally finding a permanent mortgage after rehab is completed to pay off the interim loans.

We eliminate this situation because we finance the loan based on an after repair value, giving you the opportunity to repair the house to full potential and sell it for profit.

For more information on this unbelievable investment opportunity please contact us at Blackthorn Investment Group Inc.

Let us help eliminate the hassle of mortgage financing plans and bank loans.

Do what you love doing and make a greater profit.

  
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