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Real Estate Line of Credit Overview

This is a short-term financing option for real estate investors who want to purchase and repair distressed properties in 12 months or less. As of May 2020, we are not offering RELOC as a result of Covid 19. However, we are offering Hard Money. Please apply, so we can share the terms of a local Hard Money Lender near you.
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How RELOC works for Investors

The Easiest Way to Acquire Cashflow

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Interest rates as low as 6.99%--interest-only payments (if balance is not carried, no interest accrues)

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3 origination points due at close on each property purchased

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Once approved, use line to purchase unlimited properties over next 12mo, no credit pulls or financial reviews.

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The line will finance 90% of the purchase price and 90% of rehab cost on properties with a maximum loan amount up to 70% of LTV (stronger credit and more experience can get higher LTV and % of rehab financing)

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Qualifications

All business owners must have strong credit (680+)

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Must have sold at least 1 property over past 24mo and/or holds at least 1 rental property

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Must have verifiable liquidity (minimum $50,000)

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