Axis Property Advisors
727 E Bethany Home Rd. D222
Phoenix, AZ 85014
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About Axis Property Advisors
Based in Phoenix, AZ, Axis Property Advisors is a private lender offering funding in Arizona. They offer fix and flip hard money loans and rental property loans. Their loan parameters are flexible, including rates ranging between 10.99% and 16.99% and loans with a maximum LTV of 70%. They primarily make loans on single family residences and multi family residences.
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Loan Types Offered: Investment Property Loans, Fix and Flip Loans
Property Types Covered: Single Family, Multi Family
Areas Served: AZ
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Lending Guidelines for Axis Property Advisors
Below are the general loan guidelines published on the Axis Property Advisors website. Please confirm all terms and rates directly with the lender.
Investment Property Loans
Loan Amounts: N/A
Available Rates: 10.99% - 16.99%
Typical Terms: N/A
Points Charged: 0% - 3%
Max Loan-to-Value (LTV): 70%
Max Loan-to-Cost (LTC): N/A
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/AFix and Flip Loans
Loan Amounts: N/A
Available Rates: 10.99% - 16.99%
Typical Terms: N/A
Points Charged: 0% - 3%
Max Loan-to-Value (LTV): 70%
Max Loan-to-Cost (LTC): N/A
Owner Occupied Allowed: N/A
Interest Only Loans: YES
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/A -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by Axis Property Advisors.
Loan Example 1
Axis Property Advisors issues a hard money loan to Isaac for a remodeling project in Phoenix, AZ, on a house that is listed for $200,000. The terms of the loan include a 80% loan to value (LTV), so he must bring 20% of the price as cash at closing, which makes the principle note amount $160,000. The deal also consists of the following features: 1) a 12 month length, 2) a 11% interest-only note, and 3) a four point origination charge.
Isaac must fund a total of $32,400 up front to pay the $40,000 down payment plus the $6,400 origination fee. The lender will collect $1,467 in monthly interest payments from the borrower. This is computed by taking the full loan amount of $160,000, multiplying that by the 11% interest rate, and then dividing that number by 12. Assuming he sells the remodeled project for $260,000 at the end of the 12 month term, his gross profit (not accounting for renovation expenses) would be $36,000. This is computed by taking the sales price ($260,000) and subtracting the principle ($160,000), the origination cost ($6,400), the funds he brought to closing ($40,000), and the total interest expenses ($17,600).
Loan Example 2
Nathaniel locates a townhouse in Phoenix, AZ to rehab and sell. Because he does not have enough cash to buy the property outright, he takes a fix and flip loan from Axis Property Advisors with the following parameters:
a) A $190,000 sales price, b) a 65% loan-to-value (LTV), c) a 18 month term, d) a 10% interest rate, and e) a 5% origination fee.
If Nathaniel accomplishes his goal of a $237,500 sales price, the outcome of the project will be the following:
$237,500 sales price
- $123,500 loan principle (65% LTV)
- $66,500 down payment (35% on 65% LTV)
- $6,175 origination points (5% of the $123,500 principle)
- $18,525 total interest paid (18 months x 10% interest)
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= $22,800 gross profit (doesn't include taxes or renovation costs) -
Yelp! Review
by James W. 11/11/2024 Yelp! Review
by Adam B. 03/03/2021 Jason Sellers is INCREDIBLE. Our closing process was extremely outside the realm of, 'normal'. Jason went above and beyond communicating with the seller and...
Read more on Yelp!Jason Sellers is INCREDIBLE. Our closing process was extremely outside the realm of, 'normal'. Jason went above and beyond communicating with the seller and...
Read more on Yelp!Yelp! Review
by Anne M. 02/07/2019 A very professional office with very caring staff. Denice is so helpful and caring. Very pleasant experience and I would highly recommend this company
Read more on Yelp!A very professional office with very caring staff. Denice is so helpful and caring. Very pleasant experience and I would highly recommend this company
Read more on Yelp!Yelp! Review
by Demi D. 02/07/2019 A very professional office with very caring staff. Denice is so helpful and caring. Very pleasant experience and I would highly recommend this company
Read more on Yelp!A very professional office with very caring staff. Denice is so helpful and caring. Very pleasant experience and I would highly recommend this company
Read more on Yelp!Yelp! Review
by Stacy F. 12/04/2018 Yelp! Review
by L R. 12/27/2017 by Steve D. 09/22/2017
Here's my experience with Axis Property Advisors and their agent, Tim Troxel. We were working a quick sale starting Sept 8th. Everything was fine for the first couple of days, and then Tim vanished. He would ignore calls or text messages for days on end. Fortunately, his partner Dave stepped in and was very pleasant. Dave had to basically do the remaining of the closing process for Tim. A week before the closing, I spoke with Tim about getting a letter that indicated the estimated property value of the house at the time of my mother’s passing, since the house was now in a Trust and any possible tax implications would be based on the difference in value between the date my mother passed away, and the date of the actual sale of the house. My mother’s estate attorney suggested that I just ask my realtor for this letter. Tim said that it would not be a problem, and that he would get me the letter the next day. A couple of days later, Tim apologized for not sending the letter yet, but said it would be another day or two. I said, "No problem". Over the last four days before the scheduled closing date, it was nerve racking, because I couldn't reach Tim and didn't know if he received the final executed contract. We got through that and I thought everything else would be fine. I signed my closing documents and the buyers signed as well on Monday. On Tuesday, I sent a text message to Tim, thanking him for his service and reminded him about the letter he promised me. This was his response, "Going to be waiting a while if you're waiting for it from me. My fiduciary duty is done. Good day..." He then sent another text message that said, "There's other methods you can go about to get that, you don't have to wait for me". I was shocked. I was nothing but nice to Tim during this whole process and now he turns on me and treats me like dirt. What the heck? I then sent an e-mail to the broker, informing him of this situation, and I got no response. Not a company I would recommend.
Here's my experience with Axis Property Advisors and their agent, Tim Troxel. We were working a quick sale starting Sept 8th. Everything was fine for the first couple of days, and then Tim vanished. He would ignore calls or text messages for days on end. Fortunately, his partner Dave stepped in and was very pleasant. Dave had to basically do the remaining of the closing process for Tim. A week before the closing, I spoke with Tim about getting a letter that indicated the estimated property value of the house at the time of my mother’s passing, since the house was now in a Trust and any possible tax implications would be based on the difference in value between the date my mother passed away, and the date of the actual sale of the house. My mother’s estate attorney suggested that I just ask my realtor for this letter. Tim said that it would not be a problem, and that he would get me the letter the next day. A couple of days later, Tim apologized for not sending the letter yet, but said it would be another day or two. I said, "No problem". Over the last four days before the scheduled closing date, it was nerve racking, because I couldn't reach Tim and didn't know if he received the final executed contract. We got through that and I thought everything else would be fine. I signed my closing documents and the buyers signed as well on Monday. On Tuesday, I sent a text message to Tim, thanking him for his service and reminded him about the letter he promised me. This was his response, "Going to be waiting a while if you're waiting for it from me. My fiduciary duty is done. Good day..." He then sent another text message that said, "There's other methods you can go about to get that, you don't have to wait for me". I was shocked. I was nothing but nice to Tim during this whole process and now he turns on me and treats me like dirt. What the heck? I then sent an e-mail to the broker, informing him of this situation, and I got no response. Not a company I would recommend.Yelp! Review
by Kat M. 09/17/2017 Dave is the greatest. Professional courteous and funny and heck. He has all the knowledge and data you could possibly ever need to make an informed decision...
Read more on Yelp!Dave is the greatest. Professional courteous and funny and heck. He has all the knowledge and data you could possibly ever need to make an informed decision...
Read more on Yelp!Yelp! Review
by Patrick H. 02/09/2017 I have referred multiple clients and business partners to Jason and his staff and they have always taken great care of my referrals. Jason is an expert on...
Read more on Yelp!I have referred multiple clients and business partners to Jason and his staff and they have always taken great care of my referrals. Jason is an expert on...
Read more on Yelp!by Angela T. 08/25/2016
We had a terrible experience renting from these guys. Long story short we had our move in date changed three times due to the house not being ready for move in. This cost us Big $ for hotels and pod storage. Summary of their communication is that they will respond to your requests with words but no action. I wish they gave me more characters to tell you more about that. Lastly we left the house in excellent condition and was move in ready besides a small tear in the vinyl floor that we happily pay for the repair of. We had a bill of $400 for touch ups and minor repairs and for a broken refrigerator drawer that was already broken when we moved in! I question their integrity because when we moved in there were damaged things all around the house that were never repaired from previous tenants. Seems like they charge each tenant for the same damaged items and hope you missed it on your move in inspection. BEWARE moving into this rental cost me close to $2000 from their mistakes.
We had a terrible experience renting from these guys. Long story short we had our move in date changed three times due to the house not being ready for move in. This cost us Big $ for hotels and pod storage. Summary of their communication is that they will respond to your requests with words but no action. I wish they gave me more characters to tell you more about that. Lastly we left the house in excellent condition and was move in ready besides a small tear in the vinyl floor that we happily pay for the repair of. We had a bill of $400 for touch ups and minor repairs and for a broken refrigerator drawer that was already broken when we moved in! I question their integrity because when we moved in there were damaged things all around the house that were never repaired from previous tenants. Seems like they charge each tenant for the same damaged items and hope you missed it on your move in inspection. BEWARE moving into this rental cost me close to $2000 from their mistakes.Yelp! Review
by Jeremy D. 08/25/2016 We had the worst rental experience of our lives with this property management company. It started from the beginning... We were told that our move in date...
Read more on Yelp!We had the worst rental experience of our lives with this property management company. It started from the beginning... We were told that our move in date...
Read more on Yelp!
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