REI Investor Funds, LLC, is a small but mighty team, extremely dedicated to the pursuit of building life-long relationships. In addition to our direct lending channel, we are a boutique brokerage that works to bring value to our stakeholders in the residential real estate investment space. Just reach out and let us show you why you'll never need another source for your REI loans again. Experience: 30 + Years of Real Estate Investment Experience. Very experienced with variety of creative acquisition strategies. Golden Rolodex of both Residential and Commercial lending resources for Real Estate Investors in the United States. Very seasoned with deploying capital to International Investors as well. Very good Foreign National lending options. Real Estate Goals: Working with an amazing group of associates to educate and provide guidance as well as access to a vast number of industry resources to anyone that is serious about being successful in the real estate investing industry. Primarily focused on addressing the fundamentally sound practices of real estate investing with particular attention to the capital needs of individual investors, mortgage brokers, real estate agents, and their clients wishing to have access to a reliable source of educational resources (if you are going to do it...do it well) and our unique position as a Direct Lender in select states as well as a conduit to lenders across the nation who have funds for acquisitions and rehabs/renovations of N/O/O residential properties. Currently Seeking: Investors seeking capital for acquisitions. Mortgage Brokers/Real Estate Agents looking for a reliable source to obtain funds for their N/O/O transactions at extremely fair rates and terms. States we lend our capital in: Alabama, Alaska, Arkansas, Colorado, Connecticut, Delaware, Washington DC, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Texas, Tennessee, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Generally our rates are going to be 6.5% to 12% with 2-3 pts. and typical lender fees for loan documents preparation and title and escrow service fees, appraisal costs, etc. We will loan up to 90% of the purchase price (or as-is value) and up to 100% of the rehab costs with our total loan not exceeding 90% LTC and/or 75% of the ARV. Minimum Loan Size is $50,000 in most cases. Rehab costs should not exceed 50% of purchase price in most cases.
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