Artisan Real Estate Group

About Artisan Real Estate Group

Headquartered in Phoenix, AZ, Artisan Real Estate Group is an asset-based lender providing loans throughout Phoenix. They offer investment property loans, commercial hard money loans, and fix and flip hard money loans. Their loan guidelines are versatile, including terms up to 6 months, rates from 18%, and loans with a maximum LTV of 65%. They offer loans on many types of properties, including single family residences, multi-family units, apartments, offices, retail storefronts, and mixed use buildings.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Mixed Use

Areas Served: Phoenix

Lending Guidelines for Artisan Real Estate Group

Below are the general loan guidelines published on the Artisan Real Estate Group website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Artisan Real Estate Group.

Loan Example 1

Adele is a real estate investor in Phoenix, AZ. She locates an older property and wants to remodel it and sell it for a profit. The property costs $400,000 but she does not have the full amount so she takes a hard money loan with Artisan Real Estate Group. The loan-to-value (LTV) on the deal is 75%. This means Adele will bring 25% of the sales price to closing and the principle will be $300,000 on the note. The loan is interest-only, paid monthly, and is for 12 months at 13% interest with 3 points paid at the closing.

Therefore, Adele will need to contribute a $100,000 down payment in addition to paying a $9,000 origination fee. Artisan Real Estate Group will collect $3,250 in monthly interest payments from the Adele. This is computed by taking the full loan value of $300,000, multiplying that by the 13% interest rate, and then dividing that number by 12. At the end of the loan, she sells the rehabed property for $580,000. After subtracting the $39,000 in interest payments ($3,250 times 12 months), the $9,000 origination fee, the $300,000 principle on the loan, and the $100,000 she brought to closing, she will earn a gross profit of $132,000 ($580,000 price minus $448,000 in costs). This profit would then be reduced by any renovation costs paid out of pocket.

Loan Example 2

Cara takes a hard money loan from Artisan Real Estate Group in order to renovate a property to flip in Phoenix, AZ. The loan has the following parameters:

a) A $380,000 sales price, b) a 60% loan to value (LTV), c) a 18 month term, d) a 12% interest rate, and e) a 2% origination fee.

Based on a $456,000 sales price after the 18 month term, the numbers for the project would look like the following:

$456,000 sales price
- $228,000 note principle (60% LTV)
- $152,000 cash paid at closing (40% on 60% LTV)
- $4,560 origination fee (2% of the $228,000 principle amount)
- $41,040 total interest paid (18 months x 12% interest)
-----------------------
= $30,400 total profit (does not include taxes or rehab costs)

No Reviews Yet

Artisan Real Estate Group currently has no reviews. To add a review now, click the link below:

Write a Review for Artisan Real Estate Group