Inland Capital

About Inland Capital

Inland Capital is a Spokane, WA based hard money lender. They provide funding throughout Washington, Idaho, and Oregon. They offer short term fix and flip loans, hard money refinancing, private commercial loans, hard money construction loans, and buy and hold loans. Their lending parameters are versatile, including rates ranging between 10% and 15%, loans with a maximum LTV of 80%, and terms between 9 months and 24 months. They make loans on most property types, including single family, multi-family, apartments, office units, retail spaces, hotels/motels, and mixed use spaces.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Refinance / Cash Out Loans

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

Areas Served: WA, ID, OR

Lending Guidelines for Inland Capital

Below are the general loan guidelines published on the Inland Capital 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 Inland Capital.

Loan Example 1

Sophia finds a townhome in Portland, OR to remodel and resell. Since she does not have enough cash available to purchase the $230,000 house outright, she takes out a private money loan from Inland Capital. The lender agrees to make a loan with a 60% loan-to-value (LTV) so they are willing to loan $138,000 on the project. The interest rate on the loan is 10% for a length of 12 months and the lender requires a three point origination fee at the close. The interest payments are to be paid monthly and the principle will be returned after the sale of the property.

In addition to paying the $4,140 origination fee, Sophia will also need to fund $92,000 of the purchase with her own cash, or 40% of the sales price. The monthly interest-only payments will then be $1,150 to the lender. If Sophia sells the project for $287,500 after 12 months, she would earn a total profit of $39,560 after deducting the principle amount of $138,000, the funds contributed at the close of $92,000, the origination fee of $4,140, and the total interest payments of $13,800. This profit does not account for rehab costs.

Loan Example 2

Mike is a an investor in Portland, OR. He finds an older townhouse for a remodeling project and obtains a hard money loan from Inland Capital with the following terms:

a) A $370,000 sales price, b) a 60% loan to value (LTV), c) a 18 month term, d) a 10% interest rate, and e) a 3% origination fee.

If Mike achieves his goal of a $536,500 sales price, the numbers of the deal will be the following:

$536,500 sales price
- $222,000 loan principle (60% LTV)
- $148,000 down payment (40% on 60% LTV)
- $6,660 origination fee (3% of the $222,000 principle)
- $33,300 total interest paid (18 months x 10% interest)
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= $126,540 gross profit (doesn't include taxes or rehab costs)

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