Our team is committed to serving real estate investors all across America who need access to quick and reliable funding for their projects. Our residential loans are available in most states. We work with a network of Private Money Lenders which makes Real Estate funding fast and easy!
Note: New York, North Dakota and New Jersey - Loans through Secured Investment High Yield Fund II, LLC.
We close quick so you can get back to doing what you love, finding more deals!
We offer rates that you won't find anywhere else in the private money marketplace.
Our loans look at the asset only, so there's no need to worry about being denied over your credit score.
We can get you up to 90% Loan to cost for your Loan. Get pre-qualified today!
Luke It's A Deal by Howard Greenfield - Certified Private Money Broker and works with
private money lenders to secure the funding you need for your next investment property. Non-conventional or private funding is what successful real estate investors use to buy, fix, flip or hold investment properties!
The advantage of private money is that it is asset based. This means the loan is based on the property and not your income or employment. Credit is rarely checked and when pulled it is only for improved loan pricing. Another advantage is there are far fewer hoops to jump than traditional financing.
We embrace technology because it can streamline and automate our real estate transactions. We use a state-of-the-art business management system, keeping our business extremely organized and efficient so that we’re able to spend less time shuffling paperwork and more time finding the right solutions for you.
If these items can be proven with one of the 5 following criteria, and title is clear, we can get you funded quickly!
We Will Start With a Collateral DNA Report. The Collateral DNA report will help us establish value. Assuming the CDNA report comes in where we need it to, we will then look at items 2 – 5. If we like the answers to these questions and they lead to the loan being logical then we put loan package together and submit it to the lender.
3 months worth of loan payments need to be shown. For a loan to be “LOGICAL,” we need to determine if you are able to afford this loan. The last thing we want to do is force you into sticky financial situations. You must present the ability to afford the monthly debt service of the loan. If you are going to fix it up and sell it, we need to know where those rehab funds are coming from. If you are going to borrow the money, we need to see bids from licensed and bonded contractors. If you are going to do the work yourself, we need to see proof that you have successfully done this in the past.
How much do you have in the bank?
How much do you have in reserves?
A borrower who can produce before and after photos of a property or multiple properties, as well as copies of checks showing the amount of money they made, will get faster funding and could even reduce their rates.
How many properties do you own?
How many flips have you done?
How well do you manage your business?
Most would assume that credit score would be more important. We are less concerned with the score and more concerned with how you have handled tough situations in the past. Did you shrivel up and die in the wake of previous challenges or did you work through them to ensure your lenders / investors / creditors were taken care of. Bankruptcy and foreclosure are acceptable on a credit report if it was utilized as a last ditch effort to stay afloat and they are not recent. (Bankruptcy and foreclosure are valid tools in business. It’s the story that we need to know)
Lenders love stability! If you can show longevity at your job it can help reduce your rate and we can get you a better deal!
How Long Have You Been At Your Current Job?
Do you have verifiable income?
GET YOUR COLLATERAL DNA REPORT
This is the best tool in your arsenal for only getting into the deals that will put you ahead in the real estate game. Possibly the closest you can get to a true appraisal, Collateral DNA Report provides detailed data about the property you are considering. From sales history, comps, recent sales, and, where available, current listings, to information about the market, the schools, the impact of foreclosures, and the inventory, you can quickly determine the property value.
Simply fill out the form from the link below by entering information about the subject property. Once you have paid the low, low investment of $25.00, a link to the property report will be sent to the email address provided. You can then view, save, or print it!
It’s easy. And it takes the guesswork out of those tricky situations where you’re just not sure enough about a potential investment property.
Get a multi-point analysis from one of the most consistent and authoritative data sources in the country. Nearly 95% of the residential investment properties in the U.S. are available.
Need to sell? Price, condition, and even location are not an obstacle for our team. Our resources are vast and we are directly connected with forward thinking real estate investors and pros all across the country. Think you can't sell because you have no equity in your property? Price is just one of many factors that allow someone to quickly sell. Once our team understands your situation we will be able to provide a win-win solution or point you in the right direction.
Visit www.howardbuyhouses for more information.
Not available where prohibited by law, or in states where Luke It's A Deal does not trade. Loans are available only on non-owner occupied real property. Loans are available in California through Luke It's A Deal Orange County, Inc. – California BRE License #: 01928542; NMLS #: 1051306. Loans through Luke It's A Deal are not available in Arizona, Minnesota, Nevada, Oregon, South Dakota, or Vermont. Loans are available in Idaho, New Jersey, New York, North Dakota, and North Carolina through Secured Investment High Yield Fund, LLC and Secured Investment High Yield Fund II, LLC. In all other states, loans are available through Luke It's A Deal. See the map.
Call us today! +1 (800) 518 4009 or (609) 964 4717