Fast Cash Solutions: Unlock Capital from Your Properties in Just 10 Days – No Second Liens Required!"
Our capital partner provides liquidity to real estate investors with low-leverage, cash flowing assets. This is done by leveraging the monthly cash flow of the property to provide up front capital, which you can then use to acquire new properties, use for renovation of existing properties, pay off high interest cost debt, hire and grow, and general working capital.
Deal structure and Document Requirements
Deal Structure
Term Length: 1-5 years
Deal size - $100,000 - $2,000,000
Annual financing fee - 12-18%
Contract type - Preferred Equity or Cash flow Assignment
PG required
No lien placed on the property
Pre pay and deferred pay option
3+ months of payments held in escrow.
* Deals over $2m require additional approval
Sponsor Requirements
US Based Business Entity
3+ years Experience of Owning/operating cash flowing properties.
12+ months stabilized net cash flow with verifiable historical performance.
For initial review
Trailing 12 month profit and loss statement on the property.
Schedule of real estate owned by the sponsors..
Review process and next steps!
Once the Trailing 12 month PL and Schedule of real estate owned doc is in, an initial approval and term sheet is issued.
The next step is the full file underwriting which typically will require documents for both the property and the entity requesting the funds.
The docs required are listed below.
Property Documents
Most Recent mortgage/debt statements. Mortgage note. Refinancing docs from the past two years if applicable. Lease agreements. Management agreement. Most recent appraisal. Current property insurance policy. Description of recent or upcoming capital expenditures. Rent roll for multifamily property.
Entity Documents
Executed Operating Agreement
Articles of Incorporation
EIN Letter
Entity level organizational chart (for multiple entities)
Connect bank accounts via secure portal.
BENEFITS
Eligible Use
-
7 DAY CLOSE
KEEP YOUR EQUITY
NO LENDER ORIGINATION FEES
NO BALLOON PAYMENTS
SET MONTHLY PAYMENTS
NO IMPACT TO PERSONAL CREDIT OR DTI
PERFORMANCE BASED
NO LIENS ON PROPERTIES
NO TRADE LINES ON CREDITS
Recent example
- Lender typically 85%
- Borrower deposit requirement 15%
Eligible Use
- Buy, build or renovate primarily owner occupied commercial real estate
- Refinance existing debt
- Purchase capital equipment
- Working capital or inventory
Loan Amounts
- Loan amounts – Up to a $5 million gross loan
Interest rate and terms - Predominately variable
- Up to 25 years on commercial real estate
- The useful life on equipment or business acquisitions
- Up to 10 years for working capital
