Stage Point Capital LLC

About Stage Point Capital LLC

Stage Point Capital LLC is private money lender headquartered in Naples, FL. They offer funding in Rhode Island, Massachusetts, and Georgia. They offer loans for a variety of scenarios, including short term bridge loans and fix-and-flip hard money loans. They provide terms between 6 months and 24 months, loan amounts ranging from $40,000 to $400,000 with a maximum LTV of 70%, and rates ranging between 13% and 15%. They do not require their borrowers to have a minimum FICO rating to obtain a loan. They primarily make funding on single family units and multi family residences.

Loan Types Offered: Fix and Flip Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family

Areas Served: RI, MA, GA

Lending Guidelines for Stage Point Capital LLC

Below are the general loan guidelines published on the Stage Point Capital 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 Stage Point Capital LLC.

Loan Example 1

Tyler finds a townhouse in Atlanta, GA to flip and resell. Since he does not have enough cash to acquire the $180,000 property outright, he decides to take out a fix-and-flip loan from Stage Point Capital LLC. The lender agrees to make a note with a 65% loan to value (LTV) so they are willing to loan $117,000 on the property. The rate on the loan is 12% for a length of 12 months and the lender requires a five point origination fee at the close. The interest payments are to be paid on a monthly basis and the principle amount will be returned after the sale of the property.

Tyler will need to contribute $63,000 to closing (35% on the 65% LTV), plus he will pay the $5,850 origination fee. Once the loan is executed and Tyler takes on the project, he will need to begin making monthly payments of $1,170 to Stage Point Capital LLC ($117,000 principle x 12% / 12 months). If Tyler sells the property for $234,000 after 12 months, he would make a total profit of $34,110 after deducting the principle amount of $117,000, the cash contributed at the close of $63,000, the origination points of $5,850, and the aggregate interest payments of $14,040. This profit does not account for building costs.

Loan Example 2

Stage Point Capital LLC makes a private money loan to Jeffrey for a renovation project in Atlanta, GA. The deal dictates the following:

$160,000 sales price
75% loan-to-value (LTV)
18 month term
13% rate of interest
4% origination fee

After the rehab project is completed, if Jeffrey sells the house for $224,000, the numbers would be as follows:

$224,000 sales price
- $120,000 loan principle (75% LTV)
- $40,000 down payment (25% on 75% LTV)
- $4,800 origination fee (4% of the $120,000 principle)
- $23,400 interest payments (18 months x 13% interest)
-----------------------
= $35,800 gross profit (does not include taxes or rehab costs)

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