Oscar Castro
Allay Capital, LLC
Investor Profile
About Me
Hello Flip Fam! A couple of you may already know me, for those of you that don’t, my name is Oscar Castro. I have been in real estate finance for over a decade. I truly enjoy what I do while helping people become successful!
I’m always available!
Do I fund Gap? No
Do I fund EMD? No
Am I an HML? Yes
Do I fund Gap? No
Do I fund EMD? No
Am I an HML? Yes
Do I fund EMD? No
Am I an HML? Yes
Lending Criteria
I can ACTUALLY close in less than a week on RUSH
I do NOT require bank statements
GAP lender is OK!
Fico 620+
I work with first time and experienced investors alike.
No previous sales: 70-80% depending on Fico
1-2 sales: 80%/100
3-4 sales: 85%/100
5+ sales: 90%/100 (Need 680+ FICO)
Property type: 1-4 Unit Residential
Rates: 9.99%-11.75%
Origination 2%
Underwriting $1,995
I require an appraisal that I order, it can be a “drive-by” appraisal if there is no interior access available.
I can lend in all states EXCEPT ND, SD, MN, OR, VT.
I CANNOT lend on rural properties.
DSCR Loan Terms:
***NO MINIMUM FICO***
Rates: 6.625%+ (As of August 2024)
Origination: 1.5%+
80% LTV Purchase and Rate & Term Refinance
75% LTV Cash-Out Refinance
Property Type: Condo, 1-4 Resi, Mixed-Use etc.
No Pre-Payment Penalty options available!
Contact Me
Call: (516) 637-7661 Email: Oscar@AllayCapitalLLC.Com
Website: http://allaycapitalllc.com
This entity is not affiliated, associated, partnered, or otherwise approved, vetted, provided, or promoted by Strategic Enterprises Inc., Jake Leicht, or The Flip Secrets. Do your own due diligence when speaking with any lender or business partner. By contacting this person you confirm that The Flip Secrets and all of its agents, companies, subsidiaries, etc are not responsible for your experience or results and you take this action of your own free will assuming any risk, known or unknown, associated with that communication. We do not receive any form of compensation in return for posting this nor any action you may take with this entity.
