Business Description
4MAN ENTERPRISE LLC.·SATURDAY, NOVEMBER 9, 2019· 50/50 Partnership Opportunity with 4MAN ENTERPRISE LLC. What we do?... Fix-N-Flip
We buy homes that need work,fix them up and sell up for a higher
price or rent them out for positive monthly cash flow.
How we get it done.....
We use a non-traditional lender that only focus on Fix-N-Flip deals.
Basically a type of financing other than your local bank
One form of Non-Traditional Lending is called a Hard Money lender.
Which my company is currently pre-approved for.
They call it Hard Money because the lender qualifies the ""Hard
Assest"" A.K.A the house rather than qualifying you.
What this means....
The Hard Money Lender just looks at the current price of the home
the way it is and the potential price of the home once fixed up (After
Repair Value).
If your numbers are correct and they agree with your assessment
based on other properties in that area and what they sold for, they
will not only finance a percentage of the initial purchase but they
will also finance 90 to 100% of the Renovations that it will take to
get the job done.
The Big difference...
Your local traditional bank wants your credit score to be a certain
number. You have to make decent money and not have alot of debt
or just enough debt (debt-to-income)If you would like to know more,but just unsure.
Give me a call or text
270 -952-6704
[email protected]
