First Capital Funding Corporation
has
Developed An Innovative 100% LTV Debt & Secondary Bridge Loan Financing Program.
We Will Form An Equity Capital Limited Partnership, To Fund 100% Of The
Down Payment And Closing Costs To Buy An Apartment Property Valued From
$1,000,000 Up To $1,700,000.
Qualified
Multi-Family Income Properties or
Apartment Buyer:
Now A Qualified Apartment Property Buyer Can
Utilize Our Financing Program, To Acquire A Much Larger Apartment Property, With
Far Less Capital Requirement And Generate Up To 3 X $ The Annual Return On Their
Initial Investment Capital, Each Year.
Financing Available For
Multi-Family Income Properties:
-
No Front Fees: We are paid upon delivery of
your funds
-
Apartment Financing : Min 10 Million to 85
Million
-
A,B and C properties ok. Must be in service
and on line.
-
Size: 250 units or more
-
Location: Nationwide (US ONLY)
-
LTV: up to 95% based on property cash flow and
strength.
-
Up to 100% financing on purchases at 10% cap
or more. Properties are evaluated on a case by case basics
-
Points: 5 including origination fees.
-
30-60 DAY
closing.
-
Some non-recourse financing available.
-
NO STARTUPS PLEASE!
-
Brokers must have direct contact with
principals.
-
No broker chains please.
Equity Ownership:
The Property Buyer /General Partner Will Own And
Control 100% Of Equity In The Limited Partnership Property. The Limited
Investors Bridge Loan Compensation is 16% Per Year / Interest Only Payments For
3 to 5 Years.
Equity & Monthly
Net Cash Flow ROI:
The General Partners -Estimated Return On Capital
For 5 Years Is $740,000 And Up To
$3,000,000 By The Term Of a 15 Year Loan.
Property
Buyer /General Partners: Qualifications :
1) General Partners Total Capital
Contribution is $50,000.
2)
General Partner Is Primary Borrower for Debt Financing
3) Have Experience in Property Management or Income Property Ownership.
3) General Partner Average Tri-Merge Credit Score: 650
4) General Partner Minimum Net Worth:$100,000
5) General Partner, Will Manage Financial Control Of Property.
