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Offering Fix and Flip, Bridge, and DSCR loans. With same day approvals, 3-5 day close time, and lending in 47 states, Park Place Finance will get your next deal funded fast!
A total of 50 search results for fix and flip hard money lenders were found in Golf, IL. Loan amounts average approximately $310,417. The median interest rate for hard money loans in Golf is 10.4%. The average loan made in the city is for 14 months. A typical loan made in this city includes a 3.4 percent origination fee. Lenders in Golf average a 74% loan-to-value on their deals.
Dale takes a hard money loan from Acme Investment Group in order to renovate a townhouse to flip in Golf, IL. The price of the property is $360,000. Since the lender agrees to a 50% loan-to-value, Dale will need to put 50% down and the amount of the note will be $180,000. The parameters of the loan dictate a 8% note for 6 months. They also stipulate a 2 point origination fee, that will also be paid upon closing.
Dale must fund a total of $32,400 up front to pay the $180,000 down payment in addition to the $3,600 origination fee. she must then pay $1,200 monthly to Acme Investment Group. If Dale sells the project for $486,000 after 6 months, she would then realize a total profit of $115,200 after deducting the principle amount of $180,000, the money paid at closing of $180,000, the origination fee of $3,600, and the aggregate interest payments of $7,200. This profit does not account for renovation costs.
Affluent Finance Corporation makes a hard money loan to Jaclyn for a remodeling project in Golf, IL. The deal includes the following:
a) A $300,000 purchase price, b) a 75% loan to value (LTV), c) a 12 month term, d) a 13% interest rate, and e) a 3% origination fee.
Jaclyn intends to list the house when the note expires for $450,000. If she succeeds, the deal numbers would be as follows:
$450,000 sales price
- $225,000 note principle (75% LTV)
- $75,000 down payment (25% on 75% LTV)
- $6,750 origination points (3% of the $225,000 principle amount)
- $29,250 total interest paid (12 months x 13% interest)
-----------------------
= $114,000 gross profit (does not include taxes or rehab costs)
Offering Fix and Flip, Bridge, and DSCR loans. With same day approvals, 3-5 day close time, and lending in 47 states, Park Place Finance will get your next deal funded fast!
With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Nation’s fastest and easiest private real estate lender - Funding Fix and Flip, Ground-Up Construction, and DSCR. Closing as fast as 5 business days!
Temple View Capital is a private lender headquartered in Bethesda, MD. They provide loans in 46 states throughout the US. They provide short-term and long-term fix and flip loans, loans for rental properties, bridge loans, and ground-up new construction loans ...
"WE LEND YOU GROW" Xpress Loans 911 believes that your business should have ready access to working capital, just like big corporations do. So, we pair you with funders that focus on working with small and mid-sized businesses and are ...
PFC Commercial Group is a Chicago, IL based private money lender. They provide loans throughout Chicago. They provide buy and hold loans, bridge loans, private refinancing, fix-and-flip loans, and commercial hard money loans. Their loan guidelines ...
Center Street Lending is a private lender headquartered in Irvine, CA offering loans throughout the country. We provide hard money loans for business purpose and non-owner occupied residential properties. Fix and flip, buy and hold, rental property loans, bridge and ...
Based in Chicago, IL, Chicago Rehab Loans is an asset-based lender offering funding throughout Chicago, Milwaukee, Madison, Gary, and South Bend. They offer commercial loans, construction loans, loans for rental properties, hard money bridge loans, fix-and-flip loans, ...
Based in South Holland, IL, FBC Funding is an asset-based lender offering loans throughout Chicago. They offer bridge loans, private refinancing, hard money construction loans, fix-and-flip hard money loans, commercial hard money loans, and rental property loans. ...
212 Loans is a San Antonio, TX based private lender offering loans across these areas: Los Angeles, San Diego, Denver, Phoenix, Dallas, Fort Worth, Austin, San Antonio, Houston, Galveston, Chicago, Nashville, Atlanta, Charlotte, and Tampa. They offer loans ...
Chicago-based lender Peak Choice Capital is a private lender providing funding in 45 states throughout the US. Peak Choice Capital offers short-term bridge loans, DSCR loans for investment properties (1-4 units and 5+ units), cash-out loans, fix-and-flip loans, and small-balance ...
Sherpa Capital Group is a Chicago, IL based private money lender. They offer loans in Chicago. They provide commercial loans, buy and hold loans, and fix and flip hard money loans. They offer terms between ...
Private Money Utah is a Salt Lake City, UT based hard money lender who provides loans throughout Chicago. They provide lending solutions for many different situations, including short term fix and flip loans, construction loans, commercial hard money loans, ...
NuWay Mortgage is private money lender based in Chicago, IL. They offer loans in Chicago. They provide short term bridge loans, refinancing, and short term fix and flip loans. Their loan parameters are versatile, including ...
Stratton Equities is the Leading Nationwide Direct Private Money & NON-QM Mortgage Lender that specializes in fast and flexible lending processes. We have the largest library of private money and NON-QM nationwide loan programs under one roof. Our team is ...
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
With more than $21B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data & technology to offer REIs a simpler, more reliable, and faster way ...
Next-Financing is based in Scottsdale, Arizona and has a satellite office in Silicon Valley, California. They offer a wide array of financing options for businesses, including fix and flip loans and loans for rental properties. They lend on ...
Jcap is a Newport Beach, CA based direct lender who closes and services investor funded short-term real estate loans. They provide loans in 43 states. They offer private refinancing, fix-and-flip hard money loans, investment property loans and more. Their loan ...
Based in Rockville, MD, ACC Mortgage is a hard money lender offering loans in 16 states across the country. They offer fix and flip loans, commercial loans, private refinancing, and buy and hold loans. Their loan parameters ...
We want to see any commercial transaction that makes sense. The principals at Harbor Private Equity have over 75 years experience in the hard money, bridge loan marketplace. We specialize in raw land, development, construction and bridge loans for non-owner ...
Do Hard Money is a hard money lender based in West Jordan, UT providing funding in 13 states throughout the United States. Their lending focus is primarily on fix-and-flip hard money loans. Their lending guidelines are flexible, including ...
Since its inception in 2011, Lima One Capital has funded over $9 billion in loans for real estate investors who are building, improving, and stabilizing neighborhoods across the nation. Lima One’s core loan products are New Construction loans for ground-up ...
Headquartered in South Windsor, CT, RCN Capital is national, direct, private lender providing funding in 44 states across the country.Established in 2010, we provide short-term and long-term commercial loans ranging from $50k to $2.5M+ for the purchase of non-owner occupied ...
Dominion Financial Services is a private lender serving professional single-family real estate investors. We offer fix & flip loans, 30-yr fixed-rate rental loans, new construction financing, and multifamily bridge loans. We currently lend in all 50 states and Washington D.C ...
New Silver is a fintech that provides fast financing to real estate investors who focus on fix and flip residential projects. New Silver’s software accelerates, automates and streamlines loan originations, while using data to reduce default risk. You can get ...
Global Integrity Finance are commercial hard money lenders based in McKinney, Texas. They specialize in hard money loans for commercial properties, bridge loans, fix and flip loans, and construction loans in some cases. They fund all loans using their own ...
Based in Coeur d'Alene, IA, COGO Capital is an asset-based lender providing loans in 45 states throughout the US. They provide private commercial loans, fix-and-flip loans, and loans for investments properties. Their loan guidelines are flexible, including ...
Patch Lending (formally Patch of Land) is a national private lender offering real estate investors fast and reliable financing for investment properties. Patch offer short-term single-family and multi-family bridge, fix & flip, ground-up construction, and long-term rental property financing. They ...
Based in Atlanta, GA, Angel Oak Prime Bridge is an asset-based lender offering loans throughout Georgia. They provide loans for many different scenarios, including fix-and-flip hard money loans, short term bridge loans, construction loans, and investment property loans. ...
Straightline Funding is direct hard money lender that provides loans in many larger metro areas throughout the US. We specialize in 1-4 family loans for investors. Our loan menu consists of:R2R (Residential For Rent): 30 Year fixed rate loans for ...
Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country. They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...
LYNK Capital is a fast-growing private lender offering residential renovation, construction, and rental loans. Our team has decades of construction lending experience and we're here to help you through every stage of your project.We lend in: AL, CT, DC, DE, ...
Asset Avenue is private money lender based in Los Angeles, CA. They provide loans in 44 states across the United States. They provide loans for a variety of needs and situations, including short term loans, investment property ...
Park Place Finance is a nationwide, direct private lender, specializing in Fix and Flip, Bridge, and DSCR loans. With same day approvals and an average 3-5 day close time, Park Place Finance is the business partner you need to get ...
Genesis Capital is a Woodland Hills, CA based private lender. They provide funding in 17 states throughout the United States. They offer ground up construction loans, bridge loans, buy and hold loans, fix-and-flip loans, private refinancing, and ...
Gelt Financial LLC was founded in 1989 to help both borrowers and brokers finance their real estate. With loan amounts from $100K-$5M on vacant, non-owner occupied, and owner-occupied properties, Gelt Financial funds both purchases and refinances. Additionally, Gelt provides creative ...
LendingOne is a Boca Raton, FL based private money lender. They provide loans in 41 states throughout the country. They provide loans for investments properties, short term loans, and short term fix and flip loans. They ...
Barnett REI Finance is private lender headquartered in Northbrook, IL. They offer funding across the US. They offer long term rental property loans, fix-and-flip loans, and construction loans. Their loan parameters are versatile, including terms starting at 9 months, rates ...
NSB Financing is a Miami, FL based hard money lender. They offer loans in 10 states throughout the United States. They offer loans for many different situations and needs, including commercial hard money loans, hard money construction loans, ...
Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new construction loans, ...
Based in Pittsburgh, PA, GMA Hard Money is a private lender offering funding in Chicago, Newark, and Pittsburgh. They offer fix and flip loans, cash out hard money loans, buy and hold loans, and private commercial loans. ...
Continuum Capital Funding is hard money lender headquartered in Chicago, IL. They offer loans throughout Chicago. They provide loans for many different situations, including bridge loans, fix-and-flip hard money loans, loans for investments properties, and commercial ...
RMAC Lending is an Oklahoma City, OK based private lender who provides loans throughout Dallas, Oklahoma City, and Chicago. They offer short term fix and flip loans and investment property loans. They offer loan amounts ranging ...
Headquartered in Chicago, IL, Renovo Financial is an asset-based lender providing funding across these locations: Chicago, Milwaukee, Detroit, Indianapolis, Cleveland, Cincinnati, Columbus, Philadelphia, Atlanta, Orlando, Tampa, Miami, Austin, San Antonio, Houston, St Louis, and Kansas City. They provide ...
Headquartered in Chicago, IL, Chicago Bridge Loan is a hard money lender offering loans throughout Chicago. They provide cash out hard money loans, rental property loans, short term fix and flip loans, hard money bridge loans, and commercial ...
Vertical Prestige is a hard money lender who provides loans throughout Chicago. They provide short term fix and flip loans and long term rental property loans. They offer rates ranging between 16% and 21%, loan ...
Private Lending Group is a private lender headquartered in Oakbrook Terrace, IL offering funding throughout Chicago. They offer loans for a variety of scenarios, including commercial hard money loans, fix and flip loans, and short term loans. ...
Turning Point Capital is a private money lender headquartered in Downers Grove, IL offering loans in Chicago. They provide rental property loans, bridge loans, short term fix and flip loans, refinancing, and commercial hard money loans. They ...
Chicago Private Lending is a Skokie, IL based private money lender who offers loans in Chicago. They offer rental property loans, commercial loans, short term loans, and fix and flip hard money loans. Their loan guidelines are ...
Headquartered in Hoffman Estates, IL, Perfect Alliance Capital is a private money lender providing loans in Chicago. They offer short term fix and flip loans, loans for investments properties, short term loans, hard money loans for commercial properties, ...
SIC Funds is an Elhurst, IL based private money lender providing funding in Chicago. They provide lending solutions for many different situations, including investment property loans, hard money bridge loans, private commercial loans, hard money refinancing, fix-and-flip hard money ...
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