Builders & Rehabbers
on hard money eligible deals
My Hard Money is a private investment group with a fund in excess of $1 billion and growing. Our primary goal is the protection and growth of our investment partners’ capital.
We create a team environment where your ROI and equity position is the measure by which we all grow together. Through joint venture (JV) structures, overall productivity and profit is enhanced as is our vision for a disciplined investment approach.
Our JV program provides our entrepreneurial operating partners who possess significant local market knowledge with various opportunities to demonstrate a track record to success.
Hard Money Loans We Finance
Construction Development - Rehab & Restoration - Joint Ventures - Purchase or Refinance.
Up to 100% financing, based on common sense underwriting - In most cases includes money for acquisition, escrow, and closing; but rarely carrying costs.
Collateral securitized by real estate
Income and non income producing properties
Asset driven regardless of credit
No sourcing or seasoning of funds or reserves
Foreign Nationals OK
Seller held seconds OK
Anywhere in the United States / Worldwide - on case by case basis
Real estate track record commensurate to project or team experience
Ability to demonstrate a business plan and exit strategy
24 month - 10% interest only - 4-7 points - $350k loan minimum
Several properties may be bundled to meet minimum.
Close in corporate, or trust. No prepayment penalties
An LOI indicates conditions for release of funds. Acceptance includes a refundable 1% commitment held by a closing attorney, title company, or escrow agent.
Based on market factors and property analysis
Market value of nearby comparables based on recently sales within an area and time frame
Dollar amount it would cost to rebuild at current construction costs plus the value of the land
Income created by the asset based on occupancy
Value in current condition without construction or repairs
Loan to Cost (LTC)
Ratio between construction costs versus loan financing
After Repair Value (ARV)
Value used to calculate the spread between current and complete renovation
Purchase property using loan proceeds.
Acquisition & Development
Purchase and develop real property to an enhanced state.
Construct a building or for improvements of real property.
Rehab - Purchase
Rehabilitate real property to an enhanced state.
Fix & Flip
Make property ready for resale in short order.
Cash Out Refinance
Refinance to close out an existing loan.
Short duration borrowing until permanent financing is secured
For acquisition, cash out, buy outs, work outs, construction, rehab
Workout, Bankruptcy, Foreclosure
Temporary funding until sale of asset or institutional financing becomes available
Residential - non owner occupied units, apartments, complexes, condo/coop conversions, assisted living
Retail, storage, industrial, office, medical, mixed use - buildings, complexes, centers
Land acquisition, development, construction, rehab escrows, bank workouts, foreclosures and bankruptcies
How can we help you ?
To specifically meet your cash flow needs, Money Lines combines several private investor and institutional loans, rolled into one package. Each loan has its own terms and interest rate and most are without a credit pull.
Receive between $20,000 to $500,000 in working capital within 3 weeks. Imagine a rainy day fund for construction, rehab, down payments, carrying cost, or seasonal purposes.
For best results, have a 680 credit score or better to qualify. Scores between 660-680 are on a case by case basis. Income and loan purpose will determine how much you will receive.
For more information, click here for Money Lines.