This rehab lender loans money to real estate investors whose exit strategy is to "Fix and Flip" the property. The lender will loan funds generally based on the ARV (after repair value) of the property, the amount of the loan determined by the lenders LTV (loan to value) condition, again generally 55% to 70% of value. This type of loan is generally similar to the short term lender for a period of 3 to 6 months, sometimes with extensions and sometimes as long as 1 year, with interest-only or no-payments during the loan period, while the property is being rehabbed and marketed for sale. The advantage of the rehab lender is that often, the lender will also loan funds needed for repair. The lender will require documentation regarding the contractor making the repair and proceeds will generally be placed in escrow and distributed to contractor and subcontractors who will release any interest in the property upon payment in full.

Receive the E-Mail Newsletter Report "How to Get Your Real Estate Deals Funded in as Quickly as 24 Hours. . ." NOTE: You will receive an e-mail from us. When you CLICK on the CONFIRM LINK the Hard Money Lenders Report will automatically be sent to you by e-mail. Sometimes ISP's take a little longer than normal to put messages in your mailbox. Make sure to look for the message in all your folders in case it was misrouted or filtered. If you haven't received it in a while, wait an hour and check again. Most ISP's finally deliver the e-mail within 12 hours so if you haven't received it by then, try subscribing with a different e-mail address. Thank you. * Your name and email address will not be sold, shared or disclosed to anyone. We promise to respect your privacy *

HOME PRIVACY POLICY TERMS OF USE ABOUT US

Copyright 2006, 2007, 2008, 2009, 2010, 2011 Pixel Productions, Inc. 869 E. 4500 S. #370 Salt Lake City, Utah 84107 Private Hard Money Lenders