Let US Fund ALL Of Your Real Estate Investment Projects
As Private Money Lenders, we know from firsthand experience how overwhelming it can be to find 'cash' to close a deal. However, we also know that it doesn’t have to be this way. REICapital LLC specializes in helping you fund more of your real estate investing deals with our network of private financing options.
"If we cant beat it, we will match any competitors rate and terms."
Just bring us the LOI
THE PROCESS
For us, there’s no higher priority than achieving client satisfaction. We work diligently towards providing real estate financing solutions for our clients needs based on the details of the property. That being said, all loans are for non-owner occupied investment properties only, and must be made through a borrower entity.
States we work in are;
Washington, Montana, Wyoming, Colorado, New Jersey, New Mexico, Texas, Oklahoma, Kansas, Nebraska, Iowa, Missouri, Arkansas, Louisiana, Mississippi, Tennessee, Illinios, Wisconsin, Indiana, Michigan, Indiana, Kentucky, Virginia, West Virginia, Pennsylvania, Alabama, Georgia, South Carolina, Florida, Delaware, Washington DC, New Hampshire, Massachusetts, Connecticut, Rhode Island, Maryland, Alaska, Hawaii
Fill out your application, then submit your purchase and sales agreement to your loan officer.
GATHER DOCS
Tell your story by submitting requested documents such as drivers license, bank statements and EIN letter.
THE APPRAISAL
Your appraisal is ordered by your loan officer. They will also order a collateral DNA report to verify your numbers while waiting on the appraisal.
UNDERWRITING & FUNDING
Your deal has made it! Get ready to go to the closing table. We look forward to funding your next deal.
PARAMETERS
*Credit Score is not used to qualify, it is used to determine rates*
SHORT TERM
Fix & Flip
Non-Owner Occupied SFR (1-4 Units)
Acquisition, Cash-Out, Refinance, Rehab
$30k to FHA Cap
6 - 24 Months
8% - 15%
90% Purchase; 100% Rehab Not To Exceed 65% LTV; Cash-Out Refi 50%
LONG TERM
Buy & Hold
Non- Owner Occupied SFR (1-4 Units)
Rental Property
$30K to FHA Cap
30yrs Amortized with a 5yr Balloon
6.25% - 9.5%
Property Debt To Income Ratio Max 90%; As-Is LTV 80%; Loan To Purchase Price 85%
REVIEWS FROM PAST CLIENTS
Jarrel is a professional with great attitude and outlook on life. Great conversation and made me feel very comfortable with the whole process. Has a great knowledge about a deals anatomy and his work reflects this. I will definitely return on a regular basis and recommend to all my friends and family. I ve been to him twice and both time.... Great job Jarrel!