Real Estate Investing Financing - Overview
Loan Type
Fix & Flip, Buy & Hold, Rehab, Refinance, Construction, Transactional Funding, and Bridge Financing
Property Type
Single Family Residence and Multi-Family (non-owner occupied), limited commercial
Loan Size
$50,000 to $350,000
Loan-to-Value (LTV)
Up to 70% of After Repair Value (ARV)
Loan-to-Cost (LTC)
Up to 90% of purchase price (rehab financing up to 100% available subject to borrower qualification)
Loan Term
6 months with option to extend
Lein Position
First position
Borrower Qualifications
No income requirements. No credit check. No minimum FICO scores. Must fill out borrower application.
Borrower Type
Business / Entity
Prepayment
No prepayment penalty
Closing Speed*
24 - 48 hours. Minimal paperwork
Other*
Credit score not required; Appraisal not required; No “junk” fees.