Classifieds
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
Rehab draws paid to you in advance!
Experience = Sold flip properties in past 36 months + tenants (combined total of all members of the borrowing entity).
Credit = Credit score of applicant (must be at least 1% member of borrowing LLC or Inc).
Advanced Rehab draws = First draw paid at close as a credit. Second draw paid when first draw is complete, etc until the last draw which is paid in arrears.
- 10+Experience & 680+ Credit - 100% of purchase price at close (90% purchase funding and 10% from rehab budget). Total loan not to exceed 70% ARV.
- 10+ Experience & 600+ Credit - 100% of purchase price at close (80% purchase funding and 10% from rehab budget). Total loan not to exceed 70% ARV.
- 5+ Experience & 660+ Credit - 95% of purchase price at close (85% purchase funding and 10% from rehab budget). Total loan not to exceed 70% ARV.
- 5+ Experience & 600+ Credit - 90% of purchase price at close (80% purchase funding and 10% from rehab budget). Total loan not to exceed 70% ARV.
- 2+ Experience & 600+ Credit - 90% of purchase price at close (75% purchase funding and 15% from rehab budget). Total loan not to exceed 75% ARV.
- 0-1 Experience & 680+ Credit - 85% of purchase price at close (70% purchase funding and 15% from rehab budget).
- 0-1 Experience & 600+ Credit - 80% of purchase price at close (65% purchase funding and 15% from rehab budget).
42 States including California, (DBO License #60DBO73498).
- Kerry Boyle
Offering