House Reseller Financing / Rehab FinancingVenus2017-06-19T12:31:38-07:00
Business Funding & Financing
Most businesses fail within a few years of starting because they run out of money. Whether you are have an idea, your a start-up or an existing business – we get you the money and funding you need.
Don’t worry about all the NO’s from the past. We find a way to get you approved and funded. If you have just one of the 3 Funding C’s (Credit, Collateral, Cash Flow) we can put money in your pocket.
No Upfront Costs and No Obligation.
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House Reseller / Rehab Financing
You can enjoy a quick closing and high loan-to-values with our rehabilitation loans. Rehab loans are tailored for the real estate investor who wants to make repairs before selling the property.
Using the property as collateral, funds are available for short-term residential renovation projects that most traditional banks and credit unions won’t approve. Authorized monies will be held in escrow and released in draws as your contractors complete renovations.
You can secure up financing up to 65% of the after-repaired-value. There is no prepayment penalty, you can secure 6 month loan terms, and most residential 1-4 family units that are non-owner-occupied will qualify.
Small apartments and condo conversions allowed by exception and this loan must take first mortgage position. You can obtain loans starting from $25,000 or more, and you will need a 660 or higher credit score to qualify.
This is an outstanding program for any real estate investor looking to purchase and rehab properties.