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#realestateprivatefunding
reicapital · 4 years
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With a flat 9.75% rate we will cover 💯% of the transaction as long as the loan amount does not exceed 70%-75% LTV. You have an option to move forward with NO APPRAISAL 🔥 which will qualify you for 70% LTV Nation Wide. If we order a full walk through appraisal you will qualify for 😉 75% LTV Nation Wide. Origination is 1-2 points. This will depend on if there is rehab or not or if there is cash-out on the loan. For Cash-Out we are capped 1at 70% LTV with a max $💯,000. We only underwrite you as a borrower once a year, this will save time as we will only have to underwrite the property that we are lending on each time. This means we will only pull your credit once a year and we will only ask to verify income once a year. #noappraisal #lowrates #realestateinvesting #renovation #rental #rentalproperty #investmentdeals #funding #fixandflip #buyandhold #buytheblock #reicapital #realestateprivatemoney #realestateprivatefunding #fastfunding https://www.instagram.com/p/CL-id_-jLOz/?igshid=1il2zbw511xa8
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reicapital · 4 years
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Created for investor-borrowers who have a proven track record of acquiring amazing 🔥🔥 deals and want to get #betterrates on their loans. In order to qualify for this special program you must have completed ✅ 4 paid off loans with #reicapital LLC or 8 completed loans (proof with HUD statements) with any other lenders within the past 24 months. We will cover 💯% of the transaction as long as the loan amount does not exceed 70%-75% LTV. You have an option 🤔 to move forward with #noappraisal  which will qualify you for 70% LTV. If we order a full walk through appraisal you will qualify for 75% LTV. We only underwrite you as a borrower once a year, this will save time ⏲️ as we will only have to underwrite the property that we are #lending on. This means you can #domoredeals 🔥🔥 in a years time. #getdealsdone #getfunding #closemoredeals #realestateinvesting #realestatedeals #realestateprivatefunding #noappraisals #flippinghouses #buytheblock #privatemoneylender #renovation #rei (at Richmond, Virginia) https://www.instagram.com/p/CLVgXXqDsKi/?igshid=4qzsuk1ndtnq
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reicapital · 4 years
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What's life without challenges? I'd say it's boring 😴... but everyone is entitled to their own. If you have the kind of attitude as CAP ( YES! We are Marvel fans over here so expect to see more 🤓 💪🏾) we want to work with you. The more deals you do with us, the more benefits you earn. Lets make 2021 "Y"OUR best year together 🤝🏾🤝🏻 If you have HUD Statements proving 8 flips within the past 24 months you DEFINITELY want to see 👀 what we have to offer....🤯🤯🤯 let's just say, waiting on appraisals...? 🛑😉 We work diligently towards providing #privaterealestatefinancing solutions for our clients needs based on the details of the property. That being said, all loans are for non-owner occupied #investmentproperties only, and must be made through a borrower entity. #privatemoney #problemsolving #realestateinvesting #realestatewholesaling #fixerupper #fixandflip #realestatedeals #realestateprivatefunding #realestateprivatemoneylender https://www.instagram.com/p/CLPJRjkj3I1/?igshid=12tbzd07aih9b
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reicapital · 4 years
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Rather than look at the personal income of our investors, we look at the #monthlycashflow generated by the property compared to the debt. We do this using a metric called Debt-Service Coverage Ratio (DSCR). DSCR is calculated by dividing the monthly rent by the monthly principal, interest, taxes, insurance and association dues (PITIA).  A #DSCR of 1 indicates the #investor is breaking even, and anything above a 1.2 is considered solid💪🏾. Many investors that own multiple mortgaged #rentalproperties have too much “debt” to qualify for traditional financing, so using DSCR rather than #DTI enables them to acquire more rentals. All that was said just to let you know, We are here to help ☺ if you have multiple rentals and want one payment 📲 contact us. #realestateinvesting #realestatecashflow #refinance #rentalproperty #rentalproperties #rentalloans #realestateprivatefunding #buyandhold #portfolioloans #realestatefinancing (at Richmond, Virginia) https://www.instagram.com/p/CK-gfwSjspx/?igshid=1bstbmocim59e
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