Welcome
Do you need money to acquire and rehab an investment property? We're doing private lending for Fix and Flips with great partnership rates and super fast funding times. Contact us today for a quick quote.
561-436-5734
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
