About Regent Capital Investment
Regent Capital Investment is a Hollywood, FL based private money lender who provides loans in Hollywood. Their lending focus is primarily on loans for investments properties. The focus of their loans is for single family units and multi-family units.
Loan Types Offered: Investment Property Loans
Property Types Covered: Single Family, Multi Family
Areas Served: Hollywood
Investment Property LoansLoan Amounts: N/A
Available Rates: N/A
Typical Terms: N/A
Points Charged: N/A
Max Loan-to-Value (LTV): N/A
Max Loan-to-Cost (LTC): N/A
Owner Occupied Allowed: N/A
Interest Only Loans: N/A
Prepayment Penalties: N/A
Minimum FICO Score: N/A
Time to Close: N/A
Loan Example 1
Luisa finds a condo in Hollywood, FL to rehab and re-sell. Since she does not have enough cash available to buy the $250,000 project outright, she takes out a private money loan from Regent Capital Investment. As the lender agrees to a 75% loan to value, Luisa will be required to put 25% down so the amount of the loan will be $187,500. The terms of the note also stipulate a three percent origination fee which is to be paid at closing and a 18 month, interest-only note with a 9% interest rate.
In accordance with the terms of the deal, Luisa will have to pay a $5,625 origination fee in addition to 25% of the purchase price, or $62,500, based on the 75% LTV. she must then pay $1,406 per month to Regent Capital Investment. If Luisa sells the project for $337,500 after 18 months, she would earn a gross profit of $56,563 after subtracting the principle of $187,500, the cash paid at closing of $62,500, the origination points of $5,625, and the total interest payments of $25,313. This amount does not include remodeling costs.
Loan Example 2
Angelina is a an investor in Hollywood, FL. She purchases an older house for a remodeling project and takes out a private money loan from Regent Capital Investment with the following features:
a) A $340,000 sales price, b) a 55% loan-to-value (LTV), c) a 12 month term, d) a 9% interest rate, and e) a 1% origination fee.
Once the rehab project is complete, if Angelina sells the house for $459,000, the final numbers would be the following:
$459,000 sales price
- $187,000 loan principle (55% LTV)
- $153,000 down payment (45% on 55% LTV)
- $1,870 origination fee (1% of the $187,000 principle amount)
- $16,830 interest payments (12 months x 9% interest)
= $100,300 total profit (does not include taxes or rehab costs)
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