Real Estate Investment Loans – Fix and Flip or Long Term Rentals
At Venus Capital, we provide Fast, Flexible Funding for Residential Real Estate Investments. Let’s take a look at all the ways you stand to benefit. We have both Fix and Flip Loans (12-14 months) as well as Buy and Hold (Long term 30 years). Non-Owner Occupied. Bridge Rehab Strategy. Sell in 10-90 days. New investors welcome. LLC required
Why Choose This Type of Loan?
A fix and flip loan has quite a few advantages:
- FAST closing and funding, within 10 days and only 10% down for experienced investors
- 100% Rehab costs are covered!
- First time flippers welcome too!
- Get your offer in 15 mins of your call in real time !!
- Loan amounts from $100,000 up to $2,000,000. Min As-Is value 80k Single Family
- 2-4 units Family (Minimum value 40k per door)
- Rates from 7%, 12 month terms
- We can refinance to 30 yr or sell after your flip
- Large SFH, MFH Construction Loans from 800k to 30mn !
- Rental Portfolio Loans (5+ Properties SFH, Townhomes) from $500k to 20mn, 650 credit from 5%
- Minimum FICO is 620+ for 1-4 unit SFH
- Available for Townhomes, Single Family (1-4 unit)
- Purchase/ Refinance single family rental properties to hold for business
- Non-Owner Occupied lending to LLCs
- Less paperwork – ONLY 2 months bank statements
- Permanent residents and Canadian citizens too with 1 year experience
- Need funds for downpayment 10-15%, closing costs and 4 months reserves liquidity
- NO wedding venus, timeshare, condotel, farm, owner occupied in Residential
- No Rural areas below 50,000 population
Our interest is in equity, not your credit history. That means if your record is less than stellar, you can still get the funding you need if the property value covers taxes, insurance and principal. This also means we don’t need as much documentation as traditional lenders, which speeds up the closing process to three weeks or less.
Our loans can be used for a variety of purposes:
- Purchase/ Rehab
- Buy to Rent
- Buy and Hold 30 yrs (no rehab)
- Portfolio Rental Loans (500k to 20mn)
- Cash out refinance get 80%
- Bridge Loans with rehab
Ideally, applicants should have documentation of self-employment (LLC) or can get it done soon and ideally have done few flips/purchases in last three years. Liquidity for 10-15% down payment and 10% of rehab budget
- Serving Columbus, Cincinnati , Maryland, North Carolina, Georgia on priority, besides 40 other states nationwide (except CA, Dakotas)
How Can You Apply?
The experts at Venus Capital are eager to explore all the ways we can help your company succeed. To set up a consultation, give us a call today (614)-392-4111