short term loans
Debt capital sought to finance our house flipping and distress property acquisition funding. Loans average 3-6 months duration, and security is first lien position on property that is acquired at less than market value (often <80% LTV). Currently paying 9% interest with 1% origination fee, and we provide detailed specs on collateral, renovation plans, and market comparables. We have more experience then anyone locally and have worked with many investors, some of whom have made hundreds of loans to us in past 15 years. 100% payback rate; we have never defaulted once.