BRRRR Capital Funding
Flagship Offerings
Loans up to 75% of ARV
As little as 15% Down on Buys and Holds
Long Term loans as low as 3.49%
Up to 85% Cash Out Refinance
Asset Based Lending
Keeping it Frosty with BRRRR
Buy
We can help you purchase investment properties with as little as 10% of purchase price for bridge (flip) loans, or 15% down on turnkey properties.
Renovate
We can cover 100% of repair costs on your next fix & flip or buy & hold renovation!
Rent
We offer great terms to help ensure your rentals cashflow optimally!
Refinance
We’re able to cash out refi 80% LTV after only 90 days of seasoning so that you can...
Repeat
We have no loan caps so you can repeat this process again and again to build your empire and leave a legacy for your children!
ABOUT US
At BRRRR Capital Funding we’re dedicated to providing consultative services and products to help our clients achieve their real estate investing goals. We leverage our investing experience with the products we provide to help ensure our clients have a leg up over the competition in achieving their goals, building their empires, and leaving a legacy for their children!
Loans Offered
FAQ
What does BRRRR stand for?
Buy Rehab Rent Refinance Repeat. This refers to a real estate investing strategy where you buy a property for 75% of ARV (for example), rehab the property, rent it out, cash-out refinance out all the money you put into the property, and then take that same money and do it all over again!
Other than interest, what fees are associated with your loans?
$799 administration fee.
~$800 third party appraisal fee~3 origination points~$150 draw fee (withheld from each draw, you choose as many or as few draws you want)Insurance policy is required.
Title Insurance Policy Is required. ~1 point per 3 month extension (if necessary).
What is a Hard Money Loan?
A hard money loan is a loan acquired through a private lender instead of through a traditional bank. These loans are typically asset based, meaning that our main focus for determining the loan amount will be based mostly on the property being used as collateral, or the property the loan will be used to flip, buy & hold or refinance.
What is the loan application process?
1. Borrower completes the online loan application, uploading necessary documentation.2. We’ll conduct a preliminary review of the property and give Funding Offer to Borrower3. Borrower accepts, signs and returns the Funding Offer.4. We verify the condition with an appraisal of the property.5. The loan funds and the borrower begins the renovation.
Do you offer loans in the second lien position?
No, we can only lend in the first lien position.
How do Construction Draws (Holdbacks) work?
Construction funds (Holdbacks) will be dispersed utilizing Draw Requests. We charge $150 per draw, and you can schedule as many or as few as you would like. As you complete work throughout the project, you will submit a Draw Request. With receipt of the request (and all necessary documents), we schedule an inspection. After a successful inspection, we transfer the requested amount minus the $150 cost to the borrower. Please keep in mind that failure to submit the necessary documentation, such as city inspections, lien releases, receipts and relevant Scope of Work can cause delays to the dispersal of funds.
What does After Repair Value (ARV) and Loan To Value (LTV) mean?
After Repair Value (ARV) is the value of the property (based on Comps) after the renovation. Loan to Value (LTV) is the percentage of the loan when compared to the After Repair Value of the collateral.
How quickly can you fund a loan?
A typical loan can be funded in about two weeks, based on the appraisal.
We can typically close a loan within 48hrs of receiving the appraisal
What is used as collateral for my loan?
The subject property for which you are requesting a loan will be used as the collateral.
What is the benefit of having an appraisal conducted?
An appraisal ensures the protection of both our investors and ourselves. An appraisal ensures that our clients are making a sound investment and our money is protected. A third-party appraisal allows everyone involved to make an informed decision regardless of the Seller giving an inflated value to the property or a Realtor not having the knowledge or inclination to give you an accurate assessment.