Let’s face it. Property taxes aren’t cheap. Especially here in California. At Valor Lending Group, we don’t just find you the loan you need, with the best rates around. We find you the loan you need and work hard to save you money in every area possible along the way. For a commercial property your typical depreciation schedule is 39 years, and for rental properties it is 27.5 years. Segregation Holding Tax allows you to accelerate your depreciation schedule to 5, 7, or 15 years. If you have a property that you purchase and plan on selling in 7 years, imagine how much you would save in property taxes by getting the full 39 year depreciation in just those 7 years. Did that get your attention?
To give you an example. I am currently working with a client to purchase a $14.5mm apartment building in California. After the purchase, his taxes will be around $15,000 p/m. By using Segregation Holding Tax Credits, he will be able to cut down a minimum of $350,000 in taxes in 5 years. That brings his tax bill down almost $6,000 per month.
If you would like to learn more, or have a loan scenario that I can help you with, contact me at anytime.
Christopher Lapping / Valor Lending Group / Clapping@valorlending.com / 808-494-6502
Recap of our Loan Products:
1). Stated Income Loans (Great for business owners and self-employed) 20% down / 620+ credit score / 2 years business license / 12-24 months bank statements
2). Foreign Nationals Loans (no social security or residency required) 35% down / Foreign passport / Document income outside US
3). Hard Money Loans (28-35% down / minimal documentation) Fund in 7-10 days. 480+ credit score
4). Raw Land and Construction (Bridge Loans) including Spec Home! 75% loan to cost (cost of land and construction budget)
5). 3% down Conventional (Lender paid PMI)
6). Residential Income/Investment Property (including Mixed Use) Purchase and Refinance Loans 20-35% down depending on property, credit etc.
7). Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
8). Flipper Loans (Flip a property with one of our many options) 30% down we finance acquisition and rehab funds / 1-2 year terms
9). 10.1% down Jumbo’s with NO MI up to $2.5mm
10). Manufactured Housing / Mobile Homes (20% down / 620+ credit score) must be tied to real property/Must be at least double wide/Must be built after June 15th 1976 /
11). Acreage Properties
12). Commercial Loans up to $100mm / Purchase and Refinance Loans 25-35% down depending on property, credit etc.
We also offer:
1). 10, 15, 20, 25, 30 year Fixed, Conventional Conforming Loans (under $424k) 30 year fixed
2). High Balance Conforming aka Super Conforming (from $424k-$636k) 30 year fixed
3). Jumbo’s to $10 Million / Super low rates! / 10% down Jumbo to $2.5mm
4). FHA, VA, USDA
5). ARM’s
6). Reverse mortgages up to $10 Million Value
7). Refinance including Cash Out
I am able to take a Loan Application on a moment’s notice & will be happy to provide Pre approval letters.
Please do not hesitate to call on me on each and every scenario and we will ID best programs.
Christopher Lapping /Valor Lending Group / 808-494-6502 / CLapping@ValorLending.com
