Battles Capital Investments Inc

About Battles Capital Investments Inc

Battles Capital Investments Inc is private money lender based in Orlando, FL. They provide funding in Florida. They offer loans for many different needs and situations, including bridge loans, short term fix and flip loans, hard money loans for commercial properties, and loans for investments properties. They will make loans on many types of properties, including single family units, multi-family units, offices, retail storefronts, industrial buildings, mixed use, medical buildings, senior housing facilities, hotels, warehouse spaces, and raw land.

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

Property Types Covered: Single Family, Multi Family, Office, Retail, Industrial, Mixed Use, Medical, Assisted Living, Hotel, Warehouse, Land

Areas Served: FL

Lending Guidelines for Battles Capital Investments Inc

Below are the general loan guidelines published on the Battles Capital Investments Inc 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 Battles Capital Investments Inc.

Loan Example 1

Bruce finds a townhome in Miami, FL to renovate and re-sell. Since he does not have enough cash on-hand to acquire the $270,000 project outright, he decides to take out a private money loan from Battles Capital Investments Inc. The terms of the loan include a 50% loan-to-value (LTV), so he must contribute 50% of the price as cash at closing, which makes the principle loan amount $135,000. The parameters of the deal dictate a 13% note for 12 months. They also stipulate a 5 point origination fee, which will also have to be paid at closing.

The borrower will have to contribute a total of $32,400 upon closing to pay the $135,000 down payment in addition to the $6,750 origination fee. Once the deal is executed and Bruce takes over the property, he will have to begin making monthly payments of $1,463 to Battles Capital Investments Inc ($135,000 principle x 13% / 12 months). If Bruce achieves his goal of a $324,000 sales price when the loan term expires, he would collect a total profit of $29,700 after repaying the principle amount and deducting the money he paid at closing, the origination points, and the total interest payments.

Loan Example 2

Battles Capital Investments Inc makes a private money loan to Amy for a remodeling project in Miami, FL. The loan includes the following:

$160,000 sales price
80% loan-to-value (LTV)
18 month term
11% interest rate
1% origination fee

Amy plans to list the property at the end of the term for $224,000. If she accomplishes her goal, the deal numbers would be the following:

$224,000 sales price
- $128,000 loan principle (80% LTV)
- $32,000 cash paid at closing (20% on 80% LTV)
- $1,280 origination points (1% of the $128,000 principle amount)
- $21,120 interest payments (18 months x 11% interest)
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= $41,600 gross profit (doesn't include taxes or renovation costs)

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