Equity Participation Private Money Loans
RATES:
7.875% – 14.99%
AFTER REPAIR VALUE:
Up To 70.00% (75% CBC)
LOAN AMOUNTS:
$50,000 – $10,000,000
LOAN POINTS:
Depending on the strength of the file, location, Property Type, Credit, Loan Term
EVALUATION PROCESS:
Appraisal is Required Feasibility Study Required
LOAN TERMS:
3 to 12 Months (CBC 18-24 Months)
MINIMUM FICO:
No Minimum Fico Score
LOCATION:
Almost Nationwide
LOAN TO COST:
Up To 90.00% LTC
PROPERTY TYPES:
Non-Owner Residential, 2-4 Units, Multifamily
LIEN POSITION:
Senior and Subordinate Lien Positions, Combo Structure of a Debt & Equity Capital Stack
TYPES OF LOANS:
Residential Development, Ground Up Construction, Construction Completion, Value Add & Major Fix & Flip Loans
LOAN PURPOSE:
Spec Build, Investor Build Only
Additional Info:
- Vest in an Entity (Corporations, LLC, LP)
- Build Multiple Properties at Once