We will fund up to 65% of the "as is" appraised value of the contract purchase price on residential investment. We fund up to 55% of the purchase price on commercial property, as long as it does not exceed 55% of the "as is" appraised value. The remaining amount, plus closing costs, will need to come from one of the following:
Need Rehab Funding ?
If needed, and it makes financial sense, we even provide 100% rehab financing! The best way to secure 100% financing is through what is called “seller carry back” financing. This is when a seller carries a second mortgage on the subject property, which the buyer pays down each month. Not only is it offered as a means to getting the home sold, but often it’s necessary to get the deal done with 100% financing and rehab money.