Hard Money Loans - Credit Is Not a Factor - 100% Rehab Funds (Detroit, MI)

Hard Money Loans - Credit Is Not a Factor - 100% Rehab Funds

If you re a real estate investor and you need financing for a deal a hard money loan might be the best option for you to maximize your leverage on the property. This lending option is only available through private and hard money lenders investors and brokers like R.E.I. Capital Funding.Hard Money Loans Your credit is not a factor.Loans up to 50% value on cash-out refinance. We provide Pre-Approval Letters upon request. We can close in 7-10 days (or sooner if necessary). We lend on both residential and commercial assets. Loans up to 65% After Repair Value for both purchase and repairs. We can lend on traditional purchases REOs online auctions and sheriff s sales. 90% Acquisition Cost and 100% Repair Cost on flips. With a Hard Money loan you can make a competitive offer with a quick closing date (10-14 days) and without an appraisal contingency (we perform an in-house evaluation). Turn around time for loan approval is 1-3 business days. Once approved we can offer a POF letter that states the Buyer is approved with no contingencies. To be approved for a hard money loan you will need to have a business entity set up and cash savings or collateral value to cover a minimum of 10% down on the purchase plus loan costs.(740) 908-LOANinfo(at)InvestCapitalFunding.comwww.I nvestCapitalFunding.com