We base the 65% LTV on the acquisition or purchase price, not the future value. If the purchase contract is agreeable at $65,000 but you determine the house is worth $120,000, $65,000 is what the market will bear, therefore, $65,000 is the market value and the amount that can and will be lent. If you do not have cash to contribute to the transaction you can also pledge other properties as collateral where a first lien position can also be secured byPrivate Money Exchange. This property can be pledged out of your own portfolio or the portfolio of a friend or business partner that has agreed to use the collateral for the opportunity. In the event that a property can be included in the transaction as collateral Private Money Exchange can and will fund up to 65% of the blended value of the collateral which will allow you the buyer or the borrower to received 100% financing on the acquisition as well as cash back at closing. This same scenario can also be achieved by having the seller of the property take back a promissory note in the amount of 35% or more in a second or junior lien position. Either way, you can purchase property with no money out of pocket and receive cash back for fix up and repair.

Once PMB International has received all your documentation and matched you with an interested investor, you will receive a lender pre-approval stating all the terms and conditions of the loan. It is up to you to negotiate the purchase and sale agreement before presenting the opportunity to us.

Yes, there are allowances for title to be vested in the name of a LLC. It is also a requirement with all loans closed in a company name, that loans must be personally guaranteed.

We have investors who are interested in opportunities in all 50 states.

Our lending affiliates and your relationship with those affiliates dictate much of what is required. The first couple loans will require much more information because we are establishing who you are, your level of experience, as well as beginning a business relationship with you. See our Guidelines page for a more complete list. If you are funding multiple properties with the same investor over the course of a year, it is not likely we will need two years of tax returns every time. If the opportunity is solid, it won't be a problem to provide the data requested because you have done your due diligence before ever presenting the opportunity to us.

PMB International was created to assist those that may be new to investing and are unsure where to begin or how to negotiate with confidence. PMB International takes extra care and attention in placing their deals while helping you learn and prosper along the way. We serve a nationwide clientele, provide education and more learning opportunities than you may find with other lending sources. It is our goal to create strong relationships with PMB International affiliates, borrowers, and investors.

We concentrate on investment and business-use real property only. Rental properties create revenue streams and often involve a lower amount of investment money before recovering your initial investment. Please choose another lending option for land, construction, and development opportunities.

Please call us directly at 800-473-6051 or send an email to cs@pmbintl.com. It is possible we did not receive your information, and will follow up with you right away.

From the time you input your information into our online system, please allow 48 hrs for a response. Expect a phone call, followed by an email regarding the information you provide us. The first step is to discuss in more detail what you have outlined online so we can determine whether or not our parameters meet your needs. After that it is determined, we can move on to the amount of assets, collateral, and other documentation needed to create a detailed picture for lender of who are and your ultimate borrowing goals.

Typically it will be the borrower; however, closing costs are paid by the buyer and/or seller according to the terms of the purchase and sale agreement. It will not be paid by PMB International or the lender.

Our standard quote is 5-8 points and 12-18%. The points and interest rise or fall according to the risk factor and the investor preferences.

A lot depends on you. There is not a standard length of time. The timing is determined by whether or not your package is complete enough to meet the lender's requirements for presentation. Please allow at least 4 days from start to finish in order to receive documentation, review, match to a lender, send package to lender for review and approval, open escrow, prepare docs, and fund. There are instances when it can fund in 3-4 days, but plan for 8-10 days.