Fix To Rent
Buy, Rehab, Rent, and Refinance
Overview
One of the most profitable approaches to real estate investing is implementing a BRRR strategy. This strategy of Buying, Rehabbing, Renting, and Refinancing allows the investor to maximize all of the revenue streams, opposed to a Fix & Flip investor or a Turn-Key landlord. By utilizing the sweat equity, cash flow, and appreciation this investment approach ensures the landlord maximizes their return on investment. Our cost saving, one close Fix to Rent loan provides funds for the purchase and rehab of the property while ensuring long-term financing is in place for when the property is rent ready.
Speed
A streamlined, user-friendly process that gets you from contract to closing with ease.
One Source
Capital, coaching, and collateral in one source. Your one-stop shop for all your real estate needs.
Partnership
Our partnership is focused on building long-lasting, profitable relationships.
Flexibility
We employ creative financing to ensure you receive the best terms and rates that fit your project.
Collateral:
Non-Owner Occupied 1-4 Family Real Estate; Townhomes
Term:
13-month interest only construction period; converts to long-term rental loan once rehab is complete
LTC/LTV:
Up to 90% LTC & Up to 75% LTV
Rates:
Min. Credit Score:
660 minimum median for all members owning 25% or more
Loan Amount:
$100k Minimum – $5M Maximum
Prepayment Penalty:
No Prepayment Penalty in the Bridge; Scaling Prepayment Penalty in the Long-Term Loan
Minimum As-Is Value:
$75k SFR, $35k per Unit 2-4 Family, $50k per unit Multi-Family (5+)/Mixed-Use
Experience:
No Experience Required
