Multi-State Hard Money Subject to Change
CA,CO,FL,GA,ID,NC,NJ,NY,OK,SC,TX,VA,WA and WY
- Never any upfront Lender Fees
- Letter of Intent within 24 hours
- Loan amounts from 100k to 10 million
- Finish Construction and Rehab on Multi-unit property
- Terms from 6 months to 60 months
- No Pre Payment Penalty option
Fix and Flip
- Term: 6 months – with 12 month term available case by case.
- Max LTP – 70% of purchase price.
- Flipper must show the ability to complete rehab.
- Property must be in major metropolitan area if LTP is over 60%
- Flipper must have 650+ fico and no foreclosures in past 2 years to get LTP over 65%.
- Commuter neighborhoods max LTP is 65%.
- Rehab must be done in 90 days – exception for 120 days case by case.
- Minimum loan amounts:
- $50-$75K - 55%
- $76 - $99K - 60%
- $100K - $2M - 60+%