The Capital Desk

About The Capital Desk

THE CAPITAL DESK is private money lender headquartered in Nashville, TN. They provide loans throughout Nashville. They offer fix and flip hard money loans, buy and hold loans, hard money bridge loans, cash out loans, and commercial hard money loans. Their loan guidelines are flexible, including loan amounts ranging from $75,000 to $2,000,000 with a maximum LTV of 80%, terms between 3 years and 7 years, and rates starting at 6.49% . They require a minimum credit rating of 620 to receive a loan. They make loans on various property types, including single family homes, multi-family, apartment buildings, office buildings, retail spaces, hotels and motels, storage facilities, senior facilities, mixed use spaces, warehouse spaces, industrial facilities, and medical facilities.

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

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

Areas Served: Nashville

Lending Guidelines for The Capital Desk

Below are the general loan guidelines published on the The Capital Desk 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 Capital Desk.

Loan Example 1

Antonia finds a townhome in Nashville, TN to renovate and sell. Since she doesn't have enough cash to purchase the $290,000 house outright, she decides to take out a fix-and-flip loan from THE CAPITAL DESK. The terms of the deal include a 80% loan-to-value (LTV), so she must contribute 20% of the price as cash to closing, which makes the principle loan amount $232,000. The deal also has these features: 1) a 18 month term, 2) a 11% interest-only note, and 3) a one point origination charge.

Therefore, Antonia will need to make a $58,000 down payment plus pay a $2,320 origination fee. THE CAPITAL DESK will collect $2,127 in monthly interest from the Antonia. This is calculated by taking the total note value of $232,000, multiplying by the 11% rate of interest, and then dividing that number by 12. At the end of the loan, she sells the rehabed house for $406,000. After subtracting the $38,280 in interest payments ($2,127 times 18 months), the $2,320 origination fee, the $232,000 principle amount on the loan, and the $58,000 she brought to closing, she will earn a total profit of $75,400 ($406,000 price minus $330,600 in costs). This profit would be reduced by any renovation costs paid by Antonia.

Loan Example 2

Glen takes a fix and flip loan from THE CAPITAL DESK so he can remodel a house to re-sell in Nashville, TN. The deal has the following terms:

$160,000 sales price
60% loan-to-value (LTV)
12 month term
9% interest rate
3% origination fee

Once the rehab project is complete, if Glen sells the house for $208,000, the numbers would be as follows:

$208,000 sales price
- $96,000 principle on note (60% LTV)
- $64,000 cash paid at closing (40% on 60% LTV)
- $2,880 origination fee (3% of the $96,000 principle)
- $8,640 total interest paid (12 months x 9% interest)
-----------------------
= $36,480 gross profit (does not include taxes or rehab costs)

No Reviews Yet

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

Write a Review for The Capital Desk