Gala Resources LLC is a leader in the financing
of the purchase of REO’s and short-sales from banks. We specialize in providing
fast, efficient funding for projects that require immediate finance.
If you are Googling REO finance
or Short Sale finance, looking for a source of fast funding to move an
investment project ahead,
search no more!
Our
highest priority is providing short-term financing to
experienced real estate investors who purchase 1
- 4 family homes through REOs or Short Sales.
Here are two recent examples of how we finance
REO and Short Sales investment projects:
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New Jersey - Short Sale
financing
Investor purchased a two-family home in short sale from a bank.
Property value is $250,000. Purchase price was $118,000. Renovation
cost of $20,000 needed to complete project. We lent
investor 75% of purchase and renovation cost. Property to be
finished and ready for sale within 90 days for projected completed
value.
Brooklyn - REO financing
Investor purchased a two-family REO from a financial institution for
$215,000. Property value on completion was projected to be $350,000.
We lent investor 75% of the purchase price. Investor
provided all funds for renovation. Property was purchases, completed and sold
within four months. We were paid off in full. There was no
prepayment penalty. |
Please remember:
● We do not finance owner-occupied properties.
● We work with experienced investors only.
● We fund projects in these areas:
- New York City (all boroughs of the city)
- New York State (Nassau, Suffolk,
Westchester and Rockland counties)
- New Jersey
- Connecticut
- Massachusetts
- Pennsylvania
- Maryland, District of Columbia and Virginia
If you are an
experienced investor looking for "finance Short
Sale" or "finance REO", we
look forward to working with you.
Contact us now!
Thank you.
Gala Resources LLC
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