Give yourself a competitive edge. Get Your Preferred Line of Credit Today!
Don’t let capital constraints hold you back from doing 2, 3, even 4 times as many deals.
Our Preferred Line of Credit gives you the competitive edge that will separate you from the rest of the pack and let you hit the ground running on every deal you get your hands on.
Apply for a Preferred Line of Credit to get:
- A $500,000 to $10 million credit line
- Interest rates from just 8.49% for single family and 7.49% for multifamily
- 1-2% lower rates than transactional loans
- Funding of up to 90% of purchase and renovation costs on each property acquired (you may cross collateralize other assets to receive 100% of costs)
- Reduced origination points, draw fees, extension fees, and a $500 discount per closing for processing
- No upfront fees (just pay for appraisal)
- No hidden fees
- No prepayment penalties
As if that’s not enough, with a Preferred Line of Credit, you can also reap the benefits of…
FAST underwriting! We do the bulk of our underwriting on your strategy and business just one time. We can then move incredibly quickly on each loan, with no need to re-underwrite you again and again.
Express Loans! Fund within 5 days with post-closing appraisal.
Exclusive access to trainings, events, tools, and DEALS!
A true Red Carpet relationship treatment!
Why Direct Lending Partners?
WE are investors buying distressed properties, just like you.
WE control 100% of our capital in our bank accounts.
WE move fast and control our ability to execute and make common sense decisions.
WE guarantee to beat any competitors terms.
In short, WE are the lender that YOU have been looking for!
|Property Type||Single Family & Multi-Family; Commercial is considered but case by case pricing and structure|
|Purpose||New Construction | Fix2Flip and Fix2Rent | Cash Out Refinance|
|Location||AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, NJ, NY, OH, OK, PA, RI, SC, VA, WA, WI, WV, WY, UT; other states are case by case and subject to adjusted pricing and guidelines|
|Exit||Sale or Refinance|
|Loan Term||6 Months|
|Loan Extensions||Up to 6 Months|
|Interest Rate||as low as 8.49%|
|Upfront Appraisal fee||$595 (pass-through cost)|
|Loan Origination Points||as low as 1%|
|Processing & Underwriting Fee||$895 (paid at settlement)|
|Draw Management Fee||$0|
|Draw Inspection Fees||$295 per draw|
*Subject to change based on actual loan terms, asset, and borrower qualification