JID Investments, LLC

About JID Investments, LLC

JID Investments, LLC is an asset-based lender in Hilton Head Island, SC providing funding all throughout the United States. They offer new construction loans, fix-and-flip hard money loans, and hard money loans for commercial properties. They offer loans on most types of properties, including single family, multi-family units, apartments, office buildings, retail spaces, hotels, storage facilities, senior living communities, mixed use, warehouse spaces, industrial facilities, and medical buildings.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans

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

Areas Served: National

Lending Guidelines for JID Investments, LLC

Below are the general loan guidelines published on the JID Investments, LLC 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 JID Investments, LLC.

Loan Example 1

Miguel takes a hard money loan from JID Investments, LLC in order to remodel a townhome to resale in Austin, TX. The sales price of the house is $240,000. The lender agrees to issue a loan with a 50% loan to value (LTV) so they are willing to loan $120,000 on the property. The rate on the loan is 8% for a term of 6 months and the company requires a four point origination fee at closing. The interest payments are to be paid monthly and the principle will be returned after the property sells.

By the parameters of the loan, Miguel will have to contribute a $4,800 origination fee in addition to 50% of the purchase price, or $120,000, since there is a 50% LTV. The monthly interest only payments will then be $800 to JID Investments, LLC. Assuming he sells the renovated project for $360,000 at the end of the 6 month term, his gross profit (not accounting for renovation costs) would be $110,400. This is computed by taking the sales price ($360,000) and subtracting the original note amount ($120,000), the origination cost ($4,800), the cash he brought to closing ($120,000), and the total interest expenses ($4,800).

Loan Example 2

Shawn is a an investor in Atlanta, GA. He locates a run-down townhouse for a renovation project and takes a fix and flip loan from JID Investments, LLC with the following features:

a) A $310,000 sales price, b) a 55% loan to value (LTV), c) a 12 month term, d) a 13% interest rate, and e) a 3% origination fee.

After the renovation project is finished, if Shawn sells the house for $418,500, the outcome would be the following:

$418,500 sales price
- $170,500 loan principle (55% LTV)
- $139,500 down payment (45% on 55% LTV)
- $5,115 origination fee (3% of the $170,500 principle amount)
- $22,165 total interest paid (12 months x 13% interest)
-----------------------
= $81,220 total profit (does not include taxes or rehab costs)

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