Blog | Page 25 | Legacy Capital PA

57XX West Ave Edinboro PA 16412 and 2XX Ash Edinboro, PA 16412

June 30, 2017

Total amount funded: $152,000 Appraised value: $304,000 Loan To Value (LTV): 50% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

52XX Ash Rd Holicong PA 18928

June 30, 2017

By Doug Fath

Total amount funded: $150,000 Appraised value: $415,000 Loan To Value (LTV): 30% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

16XX W. Westmoreland Philadelphia, PA 19140

June 30, 2017

By Doug Fath

Total amount funded: $105,000 Appraised value: $175,000 Loan To Value (LTV): 60% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

12XX W Allegheny Ave, Philadelphia, PA 19133

June 30, 2017

By Doug Fath

Total amount funded: $180,000 Appraised value: $300,000 Loan To Value (LTV): 60% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

18XX Titan St. Philadelphia, PA 19146

June 30, 2017

By Doug Fath

Total amount funded: $125,000 Appraised value: $290,000 Loan To Value (LTV): 43% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

27XX S 73RD ST Philadelphia PA 19153

June 30, 2017

By Doug Fath

Total amount funded: $100,000 Appraised value: $175,000 Loan To Value (LTV): 57% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

31XX N 12th St, Philadelphia, PA 19133

June 30, 2017

By Doug Fath

Total amount funded: $78,000 Appraised value: $130,000 Loan To Value (LTV): 60% Collateral: 1st lien position against property Loan Terms: Interest Only for 6 Month Term Borrower is US Business entity along with a personal guarantee

What Kind of Money Should You Raise for Your Real Estate Business?

May 2, 2017

By Doug Fath

When it comes to raising money for real estate investments in Pennsylvania, there are two main categories of financing – debt and equity financing. While equity and debt financing may seem like similar approaches for reaching the same goals, there are pros and cons to each. If you’re looking to raise capital for your real … Continued

Private Money Versus Hard Money – What is Your True Cost of Capital?

April 25, 2017

By Doug Fath

When you’re seeking to finance a real estate venture, private and hard money loans are a couple of common solutions. But, which option should you choose? The choice between private money and hard money isn’t cut and dry. You need to consider the true cost of this capital. Here are some of the most important … Continued

Cross Collateralization – Tapping into the Equity of Your Free and Clear Properties

April 18, 2017

By Doug Fath

What is Cross Collateralization? Have you been using your hard earned cash to buy properties and build your real estate portfolio? Have you identified some new properties to purchase but don’t have the cash to acquire and renovate them? If you’ve got free and clear properties, you might not need to use any of your … Continued