Commercial Hard Money Bridge Funding

COMMERCIAL PURCHASE & REHAB FUNDING

 

Available in major markets nationwide, commercial purchase and rehab loans from $250,000 to $5,000,000 for multifamily and mixed use properties.  The advantages of our commercial rehab financing include:

 

70% of Purchase Price and 100% of Rehab Cost up to 65% of ARV:

  • Loan Amount: $250k-$5M

  • LTV of Purchase price: up to 70%

  • LTC of Rehab amount: 100%

  • Max Loan to ARV:  up to 65%

  • Refinance and Rehab available at reduced LTV

  • Minimum As-Is Appraised Value: $250k

  • Collateral: Commercial apartments 5+, Mixed use with Apartments, Condo Conversions

  • Term: 12 months

  • Rate: Starting at 8.99%

  • Points: Vary based on loan amount

  • Credit Score: 650 Minimum

  • No pre-payment penalty

Borrower Parameters:

A borrower seeking a hard money loan must meet the following generally stated minimum requirements. Specific minimum requirements are set following our receipt of a loan application.

  • Preferred borrowers can be Corporations or Limited Liability Companies

  • Prior purchase and rehab experience preferred, but not required

  • Reasonable cash reserves of about 10-15%

  • Reasonable net worth

  • Credit score – 650 or better

  • Ability to perform exit strategy required

Available in ALL STATES except: NV, SD, ND, MN, OR, VT, HI

Capital Three Sixty LLC

7 Towpath Lane | Avon, CT 06001

Toll Free: 866.673.2300 | Tel: 860.673.2300 | Fax: 860.946.6226 | apply@capitalthreesixty.com

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