Hard money loans from 11% with 3 points

Minimum experience: Applicants must meet the lending criteria by having at least 2-3 successful real estate deals (e.g., flips, rentals, or rehabs) in the past 5 years. This experience can be verified through references, past closing statements, or portfolio summaries, demonstrating a solid understanding of real estate financing.

We prefer loans to LLCs or corporations as part of our lending criteria. For entities that are new (less than 2 years old), we require personal guarantees from principals, especially in the context of real estate financing.

Liquidity and Reserves: To meet the lending criteria, proof of liquid assets covering at least 6 months of interest payments, along with rehab costs, is required. Debt-to-Income (DTI) Ratio: While not the primary focus, it should cap at 50%. Down Payment Source: For real estate financing, verified funds for the equity portion (35%+ of property value) must not be borrowed and should consist of seasoned funds (held for 60+ days).