Seeking Ongoing Sources of Capital Through Private Money (Hard Money) Lenders

[Lisa Kaplan]

Investment Info:

Single-family residence fix & flip investment.

Cash invested: $500,000

Various commercial real estate syndications, including multi-family, industrial and quick serve restaurants located throughout the nation, with geographic emphasis in the Pac NW, Desert Southwest, Southeast and Mid-West. Current projects include smaller construction projects in the Spokane, WA/Coeur d'Alene, ID area, as well as a SFR, beach access renovation in Lincoln City, Oregon.

How did you add value to the deal?

We involve a highly experienced team of former attorneys, realtors, and construction contractors to bring value to real estate made available to us at distressed or below market pricing, with significant upside potential upon the completion of our renovations and re-marketing efforts.

[Ryan Davies]

Here is how most work:

• Rates: 10% to 14% (Most Deals are 12%)
• Terms: 1 Day - 24 Months (Most Deals are 6 months)
• Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))
• Minimum Loan Amount: $50,000 
• Max Loan: 65-70% of After Repair Value(ARV)
• 100% Rehab Financing Available (Most Deals require 20% of purchase price down payment or cross-collateral)
• Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)
• NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.