Updated almost 9 years ago on .
Infinity Capital Finance - Affordable & Reliable Rehab Lender
As of 1/1/2017 we are proud to announce that we are now a direct lender for fix and flips. Commercial and bridge loans will be available starting Q3 of 2017 as for now we are focused on 1-4 unit residential properties. Below is a brief overview and some key points to how we will lend:
-90% of purchase price
-100% of rehab (we prefer rehab be equal to or less than 50% of PP but can go higher)
-10% interest rate
-2-3 Points
-12 month term
-No PPP
-Up to 70% of ARV
-Stated underwrite with no seasoning or sourcing of assets
-We do NOT look at as is value (which I know some of you experienced some issues with previous funders we used to work with)
-Brokers protected on the HUD
Thought this might be of interest to you directly or to your network of investors since we are direct lenders now.
Please feel free to email or call with any questions you have or to submit any deals for consideration. You can find our website at, www.infinitycapitalfinance.com as it will be up and running by early next week. Please direct any emails going forward to [email protected].
- Sean Richway
