Funding

Hypothetical Funding Example

Here's what you can expect when funding your project with us:

You'll pay:

3.5 points up front
9.375% annual interest (.78125% of the loan amount monthly)
All closing costs
All partnership agreement documentation costs
A percentage of the profit from the deal on the back end (typically a minimum of 10% of the total loan amount or 33% of the final deal profit, whichever is greater, negotiable)
Terms are negotiable for Big Dogs and Lone Star team members... just ask!

Example: Hypothetical $100,000 loan to acquire and rehab a property over a 3 month term, you'll pay:

$3500 up front points
$781 monthly interest X 3 months = $2344
$500 estimated in closing and partnership agreement costs
Total Base Cost of Money = $6344
Partnership fee of minimum 10% of $100,000 = $10,000
TOTAL COST OF MONEY PARTNERSHIP = $16,344

Typical Terms:

Loans can be drafted for up to 6 months, then terms can be renegotiated.
First lien positions only
All Big Dog rules apply: JV agreement, note, closing with Alan Ceshker, lender named on property insurance, borrower signs a personal guarantee, etc.
Loan amounts up to $500,000 available