Billy A William Anastopoulos

About Billy A William Anastopoulos

Billy A William Anastopoulos is a private lender in Tucson, AZ offering funding throughout Tucson. They offer loans for a variety of needs and situations, including hard money bridge loans, fix and flip hard money loans, and commercial loans. They issue loan amounts ranging from $10,000 to $1,000,000 and terms between 3 months and 3 years. Their loan guidelines do not require a minimum credit score. They make loans on the following types of properties: multi-family units, apartments, offices, retail storefronts, mixed use spaces, and industrial facilities.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, Bridge Loans

Property Types Covered: Multi Family, Apartment, Office, Retail, Mixed Use, Industrial

Areas Served: Tucson

Lending Guidelines for Billy A William Anastopoulos

Below are the general loan guidelines published on the Billy A William Anastopoulos website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Billy A William Anastopoulos.

Loan Example 1

Billy A William Anastopoulos makes a fix and flip loan to David for a renovation project in Tucson, AZ, on a house that is listed for $300,000. Because the lender agrees to a 65% loan-to-value, David will need to put 35% down so the principle amount of the loan will be $195,000. The rate on the loan is 13% for a term of 18 months and the lender requires a two point origination fee at closing. The interest is to be paid on a monthly basis and the principle amount will be repaid after the property sells.

By the terms of the loan, David will need to contribute a $3,900 origination fee plus 35% of the sales price, or $105,000, based on the 65% LTV. After the loan closes, he will have to pay Billy A William Anastopoulos $2,113 in monthly interest fees, or 13% multiplied by $195,000 divided by 12 months in the year. If David achieves his goal of a $450,000 sales price at the end of the loan term, he would pocket a gross profit of $108,075 after re-paying the principle on the note and deducting the cash he paid at closing, the origination points, and the total monthly interest payments.

Loan Example 2

Daryl locates a townhouse in Tucson, AZ to renovate and re-sell. Since he does not have enough cash to buy the property outright, he takes a fix and flip loan from Billy A William Anastopoulos with the following parameters:

$160,000 sales price
70% loan-to-value (LTV)
18 month term
12% interest rate
5% origination fee

Assuming a $216,000 sales price after the 18 month term, the final numbers for the deal would look like the following:

$216,000 sales price
- $112,000 note principle (70% LTV)
- $48,000 down payment (30% on 70% LTV)
- $5,600 origination fee (5% of the $112,000 principle)
- $20,160 interest payments (18 months x 12% interest)
-----------------------
= $30,240 total profit (does not include taxes or rehab costs)

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