Hard Money

Hard Money

Leverage Hard Money to help fund more deals!

Leverage

Traditional Bridge & Investor Rehab PricingText

General Terms

Minimum Credit Score

600 FICO

Background Check

Financial Crimes & Felony Convictions are not allowed. Other charges reviewed.

Liquidity

Guantor must have their own money for down payment, closing cost, reserves.

Loan Size

$0 to $1,000,000. Larger loans are reviewed on a case by case basis.

Property Type

1 - 4 Unit Residential Properties (prefer 1 acre or less & non rural)

Restricted States

AZ - CA - ID - MN - NV - ND - OR - SD - UT - VT

Title Vesting

Property must be purchased in an entity. LLC or INC.

Valuation

Appraisal not required for Bridge or Investor Rehab

Foreign National

Foreign Nationals are allowed, and get terms at 650 FICO

LTPP

Loan to Purchase Price

(Total Loan - Construction Reserve) / Purchase Price

LTV

Loan To Value

(Total Loan - Construction Reserve) / AS-IS Value

LTC

Loan to Cost

Total Loan / (Purchase Price+ Rehab Budget)

LTARV

Loan to After Repair Value

Total Loan / After Repair Value

Tax Deed Acquisitions in Georgia

You are rewarded deed upon successful bid but it can still be redeemed within 12 months following purchase.If redeemed, the tax buyer surrenders the tax deed to the homeowner in exchange for all principal invested plus 20% penalty.

If not redeemed, a tax buyer can begin the foreclosure process. Also referred to as a “hybrid deed.”

Pre-Deed Foreclosures

If the property does not redeem, the investor has the opportunity to receive the title of the property and if they do not want the property we can sell the property to another investor for an amount a little higher than the taxes and foreclosure costs the initial investor put into it.

There is very limited inventory on this type of acquisition, therefore they get sold very quickly.

Bank Foreclosures

The most common type of foreclosure acquisition. The banks foreclose on the mortgages and then offer the properties at public auction to investors within the county.

Nearly all bank foreclosures are going to require some level of repair, may require eviction, and a deep level of knowledge and experience in order for an investor to be successful.

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