Residential

The Surge of Fix & Flip Industry

Every year about $20B in residential homes are "Fixed and Flipped" or rented. This gained the attention of Wall Street Hedge Funds which entered the market after the 2008/9 Real estate market crash. Since that time and especially since the outbreak of Covid-19, the fix and flip industry has surged. Soaring lumber and material prices and the lockdown has created inventory levels lower than many cities have ever seen. To satisfy this demand, rehabbers are feverously working on renovating older homes and getting them back on the market before big track builders can even get mobilized. This creates a huge opportunity for lenders, investors, and borrowers alike.

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For qualified deals, we offer:

100% Loan - To - Cost (LTC) on projects with an ARV of 70% or lower.
Single Family or 2-4 Unit properties.
No Money Down.
No pre-payment penalties.
Up to 12-month term.

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Residential Matrix

100% Investor Fix & Flip Program


Loan Size	$75K - $1.25M
LTV / ARV	70%
Rehab Cost Financed	100
Term	9 mo
Credit	620
Ground up Const	Yes
Asset Type	1-4
DSCR	N/A
Pre-Pay Penality	None
Notes	This Zero Down program allows for 100% financing of acquisition and rehab within ARV caps

Family Office No Points Bridge Program


Loan Size	$150K - $1.0M
LTV / ARV	65%
Rehab Cost Financed	N/A
Term	36 mo
Credit	N/A
Ground up Const	No
Asset Type	1-4 & Small Commercial
DSCR	1
Pre-Pay Penality	6 mo
Notes	This program is designed for someone who needs to close quick often without an appraisal and pay no points.

Single Property Rentals


Loan Size	$75K - $2M
LTV / ARV	80.0%
Rehab Cost Financed	N/A
Term	360 mo
Credit	680
Ground up Const	N/A
Asset Type	1-4 Unit / Townhomes / Condos / PUD's
DSCR	1.2
Pre-Pay Penality	3-5 years step-down
Notes	For SFR investors looking to get long term financing for their rental homes. Short Term Rentals like AirBNB are eligible as well.

Rental Portfolio


Loan Size	$50K per property to $50M max loan
LTV / ARV	80.0%
Rehab Cost Financed	N/A
Term	360 mo
Credit	680
Ground up Const	Call for details
Asset Type	1 - 20 units per prop
DSCR	1.2
Pre-Pay Penality	3-5 years step-down
Notes	For Fix -To- Rent investors with multiple homes or small multifamily assets.

Ground up Construction


Loan Size	$50K - $2M
LTV / ARV	75%
Rehab Cost Financed	100%
Term	18 mo
Credit	620
Ground up Const	Yes
Asset Type	1-4
DSCR	N/A
Pre-Pay Penality	None
Notes	Builders looking to build SFR or 2-4 units assets for sale or rent.

Sub-Division Financing


Loan Size	$2.5M +
LTV / ARV	70% (90% LTC)
Rehab Cost Financed	N/A
Term	24 mo
Credit	660
Ground up Const	Yes
Asset Type	1-4 SFR / Condos & Townhouses
DSCR	N/A
Pre-Pay Penality	None
Notes	Looking to build your own sub division? This program allows for horizontal land development and infrastructure as well as vertical construction

Multifamily Bridge (small cap)


Loan Size	$500K - $10.0M
LTV / ARV	80%
Rehab Cost Financed	100
Term	24mo Bridge to Perm
Credit	680
Ground up Const	No
Asset Type	Multifamily
DSCR	N/A
Pre-Pay Penality	None
Notes	For Multifamily investors looking to close quickly on a below market opportunity or to grab a Value-Add apartments complex we provide the renovation capital to "upsize" your returns

Multifamily Perm (Small Cap)


Loan Size	$500K -$5M
LTV / ARV	75%
Rehab Cost Financed	N/A
Term	360
Credit	680
Ground up Const	Call for details
Asset Type	Multifamily
DSCR	1.2
Pre-Pay Penality	3-5 years step-down
Notes	Multifamily assets that either don't qualify for agency financing or if the time does not permit a lengthy underwriting timeframe