The
Real Estate Investor Line of Credit is the perfect solution for serious investors and wholesalers, providing quick access to funds with minimal costs and low interest rates. Once the equity line is established, simply identify a property, submit a purchase contract and order an appraisal. Twenty percent down is required and the remaining balance is funded from the equity line. There are no processing fees, underwriting fees and no additional points to pay once the line has been established. There is no minimum loan amount or maximum number of financed properties. You may close and hold title in a corporation, LLC or your personal name. The property is secured by a first lien and can be sold at any time with no pre payment penalties. Properties secured using the
Real Estate Investors Line of Credit may be sold or converted to long term financing with the
Investment Property Term Loan. The line can be used over and over, sell or refinance properties to free up the line.
Refinance existing properties to the lesser of 80% of purchase price or 75% of appraised value to pay off conventional or hard money loans, or even get cash out.
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