© 2018 Nexxus Pro Advisors LLC 

INVESTOR LOANS

Investment Lenders have several programs available to buy and hold, fix and flip, or provide foreclosure bailouts.  Everything depends on the property and what you can bring to the table.  Fill out the QUICK QUOTE form to see if you qualify for the funding you need.

 

We can also assist you with up to $500,000 in Cash for your projects!  Only Bank Statements Needed! (Learn More)

BUY & HOLD/FIX & FLIP FINANCING

 

Buy & Hold

  • No Personal Income or Lease Required

  • Interest Only or Fixed

  • 75% LTV with No Income Qualified - rates starting 8.750%

  • 80% LTV with Income Qualified - rates starting 4.95%

  • 30 year fixed

  • Loan amounts from $250,000 to $2,000,000

  • SPECIAL NO INCOME/EMPLOYMENT AND NO LEASE AGREEMENT LOANS AVAILABLE STARTING 6.15%

 

Fix & Flip Lines Of Credit

  • Term 12-60 Months

  • Line Amount Lines Up To $7,500,000

  • FICO Minimum 550

  • Net Worth Minimum $150,000

  • Reserves 20% of Requested Line Amount

 

Fix & Flip: Loans

  • Instant Pricing. 24 Hour Pre-qual

  • Rates start as low as 5.15% 

  • No Income Requirements

  • Up to 90% Loan to Cost

  • Up to 75% After Repair LTV (Acquisition Price + Rehab Budget)

  • Loan Purpose Purchase and Renovation

  • Property Types Non-owner occupied residential. (Single-family and multi-family up to 30 units.)

  • Borrower Types Individual or LLCs

  • Loan Term Typically 9 months, but can range from 3-15 months

  • Security First Mortgage

  • Loan Amount $50,000 - $3,000,000

  • LTV: 1-4 Units The lesser of 90% of acquisition and rehab costs or 75% of after repaired value (ARV)

  • LTV: Multi-Family up to 30 Units The lesser of 75% of acquisition and rehab costs or 70% of ARV

  • Amortization Interest Only

  • Prepayment Premium None

  • Recourse and Non-Recourse

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        760-300-2624