CONSTRUCTIVE LOANS OFFERS CREATIVE FUNDING FOR BOTH NEWAND EXPERIENCED INVESTORS We are a National Lender with Flexible Options to meet your needs.
We finance single-family, both warrantable and non-warrantable condos, mixed-use properties up to 4 units, and multi-family properties up to 40 units.
This content is brought to you by Constructive Loans
Creative Investing Requires Creative Funding
FIX AND FLIP LOANS
• LTVs up to 85% for Purchase and Rate and Term Refinances • Loan Amounts up to $2,000,000 • 30 & 15 Year Fixed, ARMs, Interest Only Options Available on Both • Debt Service Coverage Ratio of only 1.0 • No Income Verification and no DTI Requirements
• Interest Only Payments • Up to 95% Loan to Cost (LTC) • Up to 100% Rehab Financing Available • Lines of Credit up to $10,000,000 • Loan Amounts up to $5,000,000 • No Income/Employment Verification and no DTI Requirements
by Ben Fertig, President, Constructive Loans
hanks to reality television flipping houses has become increasingly popular with first- time investors looking to enter the residential real estate market. But seasoned investors have long- known that flipping is serious work that requires a significant amount of time and capital. And the key to success in this area is speed. Fix and flip loans are often the investor’s go-to method of financing such projects because they have fewer qualifications for approval and close very quickly. But there are other ways creative investors can use fix and flip loans. For those pro- fessionals who don’t want to spend
a problem with project manage- ment, or even the need to make basic improvements to increase an investment’s curb appeal. Construc- tive Loans can provide the funds to handle all of this and then work with the borrower to refinance the whole portfolio to maximize the income generating potential of rental prop- erties and resale value of others. Reality shows have made fix and flip so common that experienced flippers have had to shift to cre- ative investing - and what better way to enhance the power of cre- ative investing than by using cre- ative funding from an experienced lender like Constructive Loans. •
all their energy in the fast-paced world of flipping, private lenders like Constructive Loans offer fix and flip loans that enable them to acquire and stabilize their rental portfolios and then flip those loans over to long-term rental financing. Constructive Loans has an expert team that can tailor a custom financing solution to an investor’s specific needs and help ensure a project progresses according to plan. Fix and flip goes beyond just repairs - it means fixing any issue that prevents a home from being ready for the rental market or for residential sale. There could be a title issue with one of the subjects,
To learn more about what we can do for you, call (844) 562-7407 or visit constructiveloans.com today!
Loans are provided by Constructive Loans, LLC, except in AZ, CA, MN, OR and SD, where products are offered by Fay Servicing, LLC d/b/a Constructive Mortgage Services. NMLS ID 88244. Visit www.nmlscosumeraccess.org for additional licensing information about Fay Servicing, LLC.
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