The Bradford Group

About The Bradford Group

Based in Atlanta, GA, The Bradford Group is a private lender offering funding in Atlanta. They provide lending solutions for a variety of needs and situations, including commercial hard money loans and fix and flip loans. They offer loan amounts ranging from $50,000 to $5,000,000. They will make loans on all of the following property types: single family units, multi family, apartment buildings, offices, retail storefronts, hotels and motels, storage buildings, senior facilities, mixed use spaces, warehouses, industrial facilities, medical offices, undeveloped land, and churches.

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, Land, Church

Areas Served: Atlanta

Lending Guidelines for The Bradford Group

Below are the general loan guidelines published on the The Bradford Group 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 The Bradford Group.

Loan Example 1

Elena finds a townhome in Atlanta, GA to flip and sell. Since she doesn't have enough cash available to buy the $150,000 property outright, she takes out a fix-and-flip loan from The Bradford Group. As the lender agrees to a 75% loan to value, Elena will be required to put 25% down so the total amount of the loan will be $112,500. The terms of the note also include a two percent origination fee which will be paid at the closing and a 6 month, interest only note with a 13% interest rate.

Elena will have to bring a total of $32,400 upon closing to cover the $37,500 down payment plus the $2,250 origination fee. After the loan closes, she will pay the lender $1,219 in monthly interest payments, or 13% multiplied times $112,500 divided by 12 months in the year. If Elena sells the house for $180,000 after 6 months, she would make a total profit of $20,438 after deducting the principle amount of $112,500, the cash contributed at the close of $37,500, the origination points of $2,250, and the total interest payments of $7,313. This gross profit doesn't include remodeling costs.

Loan Example 2

Nellie takes a fix and flip loan from The Bradford Group in order to renovate a townhome to re-sell in Atlanta, GA. The loan has the following parameters:

a) A $280,000 sales price, b) a 85% loan-to-value (LTV), c) a 6 month term, d) a 8% interest rate, and e) a 1% origination fee.

Nellie plans to list the house at the end of the term for $406,000. If she succeeds, the outcome would be the following:

$406,000 sales price
- $238,000 principle (85% LTV)
- $42,000 cash paid at closing (15% on 85% LTV)
- $2,380 origination fee (1% of the $238,000 principle amount)
- $9,520 total interest paid (6 months x 8% interest)
-----------------------
= $114,100 gross profit (does not include taxes or rehab costs)

No Reviews Yet

The Bradford Group currently has no reviews. To add a review now, click the link below:

Write a Review for The Bradford Group