Real Estate Funding
Real estate investment in an exciting way to diversify your portfolio and build wealth. However, it takes financing to make it work.
With all of the different financing options, real estate funding is often intimidating. The good news is that it doesn’t have to be. We’ll break down some of the most common types of financing and how they can work for your business so that you have the confidence you need to get moving. We’d love to help you explore and find the right match for you. We recognize that real estate financing isn’t a one-size-fits-all solution. That’s why we take the time to listen. If you’re interested in our real estate financing options or want to discuss a more customized plan, let’s start the conversation today.
Development & Construction Loans
If you’re looking to start new construction or to prepare land for development, then our development and construction loans may be the key to your success.
There are a lot of stages to conquer between an empty plot and a new building and we’re here to help every step of the way. Our development and construction loans can assist with dividing up land, putting in roads and utilities, and land leveling.
These short-term loans can be approved quickly so that you can take advantage of limited-time deals and jumpstart your construction project. Good credit history and a record of successful projects are required to secure these loans, which tend to carry higher interest rates. To learn more about qualifications, contact our office.
Permanent Financing
After securing short-term bridge financing, many investors need to transition to a longer-term option.
While bridge loans can help construction get started or enable new property acquisition, they don’t cover long-term needs. With permanent financing, loan periods can be as long as 30 years. Permanent financing also works if you’re already in a loan and want to find a better rate.
Don’t let rent increases cause stress on your business. With permanent financing, you can lock in a stable payment rate long term and avoid inclines in rental costs. If you want to refinance a commercial building, manage your monthly fixed costs, or replace short-term financing, talk to us about permanent financing options. Approval guidelines for permanent financing can be more strict than bridge financing, but we’ll work with you to find out what works.
Bridge & Hard Money Loans
The pace of selling and the pace of buying real estate don’t always match in advantageous ways. Depending on local and national markets, it can take much longer to sell property than it does to acquire it. If you’re waiting to sell one building before acquiring another, good deals can pass you by. Bridge and hard money loans help you seize opportunities faster so that you can pick up the new property without waiting. Then, once the sale on the other property comes through, you can utilize those funds to pay off the bridge loan.
Bridge and hard money loans rely on the value of your assets more than on your credit history. This enables us to process the loan more quickly and with fewer restrictions than you’d find at a traditional bank. Because the underwriting process is more streamlined you can have the money in your hands sooner so that you can get started with new property.
Fix & Flip Line of Credit
Credit cards are one way of financing fix and flip investing. However, they normally carry high-interest rates.
There’s a better way to finance your contracting and real estate business, through fix and flip lines of credit. These loans offer you the flexibility to buy the materials and hire the contractors you need to fix up your property. A line of credit allows you the ability to borrow up to the maximum loan amount or as little as you need during the life of the project. Make periodic payments to free up more cash and borrow down when you need it. That takes the headache out of repeated loan applications and waiting periods. Even if you don’t have concrete numbers at your fingertips, you can estimate high and borrow as little as you need.
Address: 885 Gold Hill Rd, Suite 454, Fort Mill, SC 29708
Call: 855-735-BRAC (2722)
Email: solutions@mbraccapital.com
Click Here For Services