Residential
engineer

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.

Residential Matrix

Loan Size$75K - $1.25M
LTV / ARV70%
Rehab Cost Financed100
Term9 mo
Credit620
Ground up ConstYes
Asset Type1-4
DSCRN/A
Pre-Pay PenalityNone
NotesThis Zero Down program allows for 100% financing of acquisition and rehab within ARV caps
Loan Size$150K - $1.0M
LTV / ARV65%
Rehab Cost FinancedN/A
Term36 mo
CreditN/A
Ground up ConstNo
Asset Type1-4 & Small Commercial
DSCR1
Pre-Pay Penality6 mo
NotesThis program is designed for someone who needs to close quick often without an appraisal and pay no points.
Loan Size$75K - $2M
LTV / ARV80.0%
Rehab Cost FinancedN/A
Term360 mo
Credit680
Ground up ConstN/A
Asset Type1-4 Unit / Townhomes / Condos / PUD's
DSCR1.2
Pre-Pay Penality3-5 years step-down
NotesFor SFR investors looking to get long term financing for their rental homes. Short Term Rentals like AirBNB are eligible as well.
Loan Size$50K per property to $50M max loan
LTV / ARV80.0%
Rehab Cost FinancedN/A
Term360 mo
Credit680
Ground up ConstCall for details
Asset Type1 - 20 units per prop
DSCR1.2
Pre-Pay Penality3-5 years step-down
NotesFor Fix -To- Rent investors with multiple homes or small multifamily assets.
Loan Size$50K - $2M
LTV / ARV75%
Rehab Cost Financed100%
Term18 mo
Credit620
Ground up ConstYes
Asset Type1-4
DSCRN/A
Pre-Pay PenalityNone
NotesBuilders looking to build SFR or 2-4 units assets for sale or rent.
Loan Size$2.5M +
LTV / ARV70% (90% LTC)
Rehab Cost FinancedN/A
Term24 mo
Credit660
Ground up ConstYes
Asset Type1-4 SFR / Condos & Townhouses
DSCRN/A
Pre-Pay PenalityNone
NotesLooking to build your own sub division? This program allows for horizontal land development and infrastructure as well as vertical construction
Loan Size$500K - $10.0M
LTV / ARV80%
Rehab Cost Financed100
Term24mo Bridge to Perm
Credit680
Ground up ConstNo
Asset TypeMultifamily
DSCRN/A
Pre-Pay PenalityNone
NotesFor 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
Loan Size$500K -$5M
LTV / ARV75%
Rehab Cost FinancedN/A
Term360
Credit680
Ground up ConstCall for details
Asset TypeMultifamily
DSCR1.2
Pre-Pay Penality3-5 years step-down
NotesMultifamily assets that either don't qualify for agency financing or if the time does not permit a lengthy underwriting timeframe