
Global Capital Partners Fund is a Direct Bridge & Hard Money Lender with over 30 years of experience. Specializing in Commercial loans, Adaptive Re-use & Construction lines of credit nationwide!
Enterprise, AL has 27 new construction lenders in the city. The mean note issued is around $296,786. Rates on private loans made to Enterprise borrowers average about 10.9%. The typical loan issued in the city is 13 months in length. The average origination fee for loans is 2.7 percent. The mean loan-to-value (LTV) offered for loans in Enterprise is 72%.
William is an investor who decides to construct a house on a vacant lot in Enterprise, AL. The plot costs $390,000 and William estimates that the building costs for the project will be around $400,000. To pay for the transaction, he takes out a new construction loan from Smith Lending Group. They agree to make a loan with a 11% rate of interest for 12 months and 2 origination points to be paid when the deal closes. Additionally, they agree to fund 50% of the cumulative expenses (the loan to value or "LTV"). Building costs will be paid out in draws and there will be no pre-payment penalties. The borrower will be required to pay $3,621 monthly in loan payments on top of $395,000 down, plus a $7,900 origination fee at the closing. If William sells the house for $1,100,000 he will pocket a total profit of $258,650 after paying pack the principle and subtracting the origination expense and cumulative interest payments.
Julia is a builder and she decides to acquire a land plot in Enterprise, AL in order to build a home. To fund the deal, she takes a construction loan from Friendly Finance Group with the following specifications:
Julia intends to list the property when the loan expires for $790,000. If she succeeds, the deal numbers will be as follows:
$790,000 sales price
- $424,000 loan principle (80% LTV)
- $106,000 cash paid at closing (20% on 80% LTV)
- $12,720 origination points (3% of the $424,000 principle)
- $63,600 total interest paid (18 months x 10% interest)
-----------------------
= $183,680 net profit
Global Capital Partners Fund is a Direct Bridge & Hard Money Lender with over 30 years of experience. Specializing in Commercial loans, Adaptive Re-use & Construction lines of credit nationwide!
HardMoneyLoans.com is a national lender based in Beverly Hills, CA that can get your loan funded from $500k-$75M for all kinds of real estate projects. We specialize in hard money loans for all commercial and residential properties types, bridge loans, ...
"WE LEND YOU GROW" Xpress Loans 911 believes that your business should have ready access to working capital, just like big corporations do. So, we pair you with funders that focus on working with small and mid-sized businesses and are ...
Global Capital Partners Fund is a Direct Bridge & Hard Money Lender with over 30 years of experience. Specializing nationwide in commercial loans, adaptive re-use, construction lines of credit, ground up construction, fix & flip, & more!
A diverse portfolio ...
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
Stratton Equities is the Nationwide leading hard money and NON-QM lender. We are passionate about helping small business owners, contractors, and Real Estate investors, swiftly and efficiently finance their investment goals. We customize our hard money loan programs for each ...
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Lima One Capital is a hard money lender based in Greenville, SC providing loans in 40 states across the US. They offer loans for many different scenarios, including fix-and-flip hard money loans, construction loans, refinancing, and investment property ...
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LYNK Capital is a fast-growing private lender offering residential renovation, construction, and rental loans. Our team has decades of construction lending experience and we're here to help you through every stage of your project.We lend in: AL, CT, DC, DE, ...
Global Integrity Finance are commercial hard money lenders based in McKinney, Texas. They specialize in hard money loans for commercial properties, bridge loans, fix and flip loans, and construction loans in some cases. They fund all loans using their own ...
Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new construction loans, ...
Sharestates is a private, hard money lender in 46 states across the US. We offer financing solutions for a variety of needs and situations, including hard money loans for commercial properties, residential fix and flips, ground up construction, and long ...
REI Capital & Development provides nationwide & international investor capital on Commercial & Residential properties as well as Land. We offer Long and Short Term programs with rates starting as low as 2.99% for Commercial Properties on Purchases, Refinances, Ground ...
Kings of Capital is the leading Nationwide Hard Money Lender that specializes in fast and flexible lending processes across the country. Our company is led by experienced Real Estate lenders providing a professional, knowledgeable, and hard-working team to help all ...
Offering a better alternative to hard money, Navigator Private Capital, LLC (NavCap) has reimagined private real estate lending--making it accessible to real estate investors at all experience levels. As private money lenders, we fund short- and long-term low-risk development projects ...
Based in Hamilton, NJ, Creative Hard Money LLC is a private lender offering loans throughout the United States. They provide loans for many different scenarios, including fix and flip loans, cash out hard money loans, rental property loans, ground-up ...
Primeau Funding is hard money lender based in Scottsale, AZ. They provide loans across the United States. They provide short term bridge loans, ground up construction loans, commercial loans, and fix-and-flip hard money loans. They ...
Huntington Coast Capital is hard money lender based in Huntington Beach, CA. They offer loans throughout the country. They offer short term loans, cash out hard money loans, commercial loans, and builder loans. They offer ...
Based in Lansdale, PA, 11 Capital Finance is a hard money lender offering funding throughout the United States. They provide hard money construction loans, cash out hard money loans, commercial hard money loans, and bridge loans. ...
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Island View Private Loan Fund is a hard money lender based in Colorado Springs, CO offering funding in 42 states across the US. They offer lending solutions for a variety of situations and needs, including fix and flip hard ...
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