RBF Advisors, LLC

About RBF Advisors, LLC

Based in Towson, MD, RBF Advisors, LLC is a private lender offering funding throughout Maryland. They provide lending solutions for many different needs and situations, including fix and flip hard money loans and commercial loans. They provide loans on many property types, including single family homes, multi family, apartments, office buildings, retail storefronts, hotels and motels, storage facilities, senior housing communities, mixed use buildings, warehouse buildings, industrial facilities, and medical buildings.

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

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

Areas Served: MD

Lending Guidelines for RBF Advisors, LLC

Below are the general loan guidelines published on the RBF Advisors, 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 RBF Advisors, LLC.

Loan Example 1

Richard finds a duplex in Baltimore, MD to renovate and resell. Since he does not have enough cash available to buy the $170,000 house outright, he decides to take out a private money loan from RBF Advisors, LLC. The loan-to-value (LTV) on the note is 55%. This means Richard will bring 45% of the purchase price to closing and the principle amount will be $93,500 on the loan. The note is interest only, with monthly payments, and is for 6 months at 13% interest with 5 origination points paid at closing.

On top of the $4,675 origination fee, Richard will also have to fund $76,500 of the purchase with his own funds, or 45% of the purchase price. After the loan closes, he will need to pay RBF Advisors, LLC $1,013 in monthly interest fees, or 13% multiplied by $93,500 divided by 12 months in the year. If Richard sells the project for $221,000 after 6 months, he would then earn a total profit of $40,248 after deducting the principle of $93,500, the cash paid at closing of $76,500, the origination fee of $4,675, and the total interest payments of $6,078. This gross profit does not account for rehab costs.

Loan Example 2

Audrey finds a duplex in Baltimore, MD to remodel and resell. Because she does not have enough cash to buy the property outright, she takes a fix and flip loan from RBF Advisors, LLC with the following parameters:

a) A $170,000 purchase price, b) a 70% loan to value (LTV), c) a 12 month term, d) a 9% interest rate, and e) a 4% origination fee.

Audrey intends to sell the house at the end of the term for $246,500. If she succeeds, the final numbers would be the following:

$246,500 sales price
- $119,000 loan principle (70% LTV)
- $51,000 down payment (30% on 70% LTV)
- $4,760 origination fee (4% of the $119,000 principle)
- $10,710 total interest paid (12 months x 9% interest)
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= $61,030 gross profit (doesn't include taxes or rehab costs)

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