Buy Rehab Rent Refinance Repeat. This refers to a real estate investing strategy where you buy a property for 75% of ARV (for example), rehab the property, rent it out, cash-out refinance out all the money you put into the property, and then take that same money and do it all over again!

$799 administration fee.

~$800 third party appraisal fee

~3 origination points

~$150 draw fee (withheld from each draw, you choose as many or as few draws you want)Insurance policy is required. Title Insurance Policy Is required.

~1 point per 3 month extension (if necessary).

A hard money loan is a loan acquired through a private lender instead of through a traditional bank. These loans are typically asset based, meaning that our main focus for determining the loan amount will be based mostly on the property being used as collateral, or the property the loan will be used to flip, buy & hold or refinance.

1. Borrower completes the online loan application, uploading necessary documentation.

2. We’ll conduct a preliminary review of the property and give Funding Offer to Borrower

3. Borrower accepts, signs and returns the Funding Offer.

4. We verify the condition with an appraisal of the property.

5. The loan funds and the borrower begins the renovation.

No, we can only lend in the first lien position.

Construction funds (Holdbacks) will be dispersed utilizing Draw Requests. We charge $150 per draw, and you can schedule as many or as few as you would like. As you complete work throughout the project, you will submit a Draw Request. With receipt of the request (and all necessary documents), we schedule an inspection. After a successful inspection, we transfer the requested amount minus the $150 cost to the borrower. Please keep in mind that failure to submit the necessary documentation, such as city inspections, lien releases, receipts and relevant Scope of Work can cause delays to the dispersal of funds.

After Repair Value (ARV) is the value of the property (based on Comps) after the renovation. Loan to Value (LTV) is the percentage of the loan when compared to the After Repair Value of the collateral.

A typical loan can be funded in about two weeks, based on the appraisal. We can typically close a loan within 48hrs of receiving the appraisal

The subject property for which you are requesting a loan will be used as the collateral.

An appraisal ensures the protection of both our investors and ourselves. An appraisal ensures that our clients are making a sound investment and our money is protected. A third-party appraisal allows everyone involved to make an informed decision regardless of the Seller giving an inflated value to the property or a Realtor not having the knowledge or inclination to give you an accurate assessment.