Dayton Capital Partners

About Dayton Capital Partners

Dayton Capital Partners is private lender based in Beavercreek, OH. They provide funding in Dayton. They offer loans for many different situations, including short term fix and flip loans and loans for investments properties. They provide terms between 1 year and 15 months, rates ranging between 7% and 15%, and loan amounts ranging from $75,000 to $5,000,000 with a maximum LTV of 80%. They will consider varying lending scenarios but primarily focus on single family units and multi-family units.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans

Property Types Covered: Single Family, Multi Family

Areas Served: Dayton

Lending Guidelines for Dayton Capital Partners

Below are the general loan guidelines published on the Dayton Capital Partners 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 Dayton Capital Partners.

Loan Example 1

Verna finds a condo in Dayton, OH to renovate and re-sell. Since she does not have enough cash on-hand to acquire the $230,000 project outright, she decides to take out a fix-and-flip loan from Dayton Capital Partners. The terms of the note include a 60% loan-to-value (LTV), so she must contribute 40% of the price as cash at closing, making the principle note amount $138,000. The note is interest-only, with monthly payments, and is for 18 months at 12% interest with 3 points to be paid at closing.

The borrower must contribute a total of $32,400 up front to pay the $92,000 down payment in addition to the $4,140 origination fee. After the loan is executed and Verna takes over the project, she will have to begin making monthly payments of $1,380 to Dayton Capital Partners ($138,000 principle x 12% / 12 months). At the end of the note, she sells the rehabed house for $276,000. After subtracting the $24,840 in interest payments ($1,380 multiplied times 18 months), the $4,140 origination fee, the $138,000 principle on the note, and the $92,000 she brought to the closing, she will earn a gross profit of $17,020 ($276,000 price minus $258,980 in total costs). This amount would be reduced by any renovation costs paid by Verna.

Loan Example 2

Joel is a an investor in Dayton, OH. He locates an older property for a remodeling project and takes a fix and flip loan from Dayton Capital Partners with the following terms:

$200,000 sales price
65% loan-to-value (LTV)
12 month term
12% rate of interest
4% origination fee

If Joel succeeds in his goal of a $280,000 sales price, the outcome of the deal will be the following:

$280,000 sales price
- $130,000 loan principle (65% LTV)
- $70,000 cash paid at closing (35% on 65% LTV)
- $5,200 origination fee (4% of the $130,000 principle)
- $15,600 total interest paid (12 months x 12% interest)
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= $59,200 total profit (doesn't include taxes or rehab costs)