Rehab Loans for Real Estate Investors
We are located in Las Vegas, Nevada and provide fast Private
Loans & Hard Money Loans in Las Vegas, Nevada.
*RECENTLY UPDATED -
Due to the recent real estate situation, our requirements have
changed. Because on the many inquiries, we prefer you
FIRST
e-mail us your inquiries. (e-mails are answered
promptly) Our phones are usually busy.
Rehab Loans - Capitalize on your real estate
opportunities with our hard money rehab loans. They are suited for
real estate investors looking for short term loan financing for
rehab projects.
We are MOST concerned with the equity in the deal, your experience, and
capability in completing the rehab project.
Our investors are not interested in owning the
property, we are ONLY interested in lending money.
Loan Requirements:
- Max Loan to Value (LTV) of 60% of
current value.
- Loan Amounts from $50K and up
There are basically two steps.
- First, use our
QUICK APPLICATION,
which will walk you through the process. If we like the project concept and feel
that the numbers are acceptable, we proceed to the next step.
- After you have completed
the quick application and we are interested in funding the
property, we will require you to complete a secure online
full loan application and
loan
packet (download) , with credit authorization.
If the property checks out, we draw up the
documents and close the loan through escrow.
Other information that is needed, but not required, are
- a copy of
the purchase agreement.
- Appraisal.
- Home inspection
What we like to see:
- We will want to know what the property address is and we
will run our own current valuation.
- Your Experience: If you have done rehab projects before,
are acting as your own general contractor, are in the real
estate professional, or in the building trade, tell us about it.
- *Your Money at risk: We like to see the investor putting
some of his own money into the deal. The more money you or LTV
you have, the easier it is to fund. If you have no money in the
deal, you better be buying it way below market value, and have a
very good plan, financial estimates, bids from contractors, and
sales comps for the finished project.
- If the rehab includes a cracked slab, have an engineering
report and bids from at least one contractor for the repair.
- If this is a Purchase Loan, have the property in
contract.
APPLY NOW
