Check out some of the recent deals we have funded. Whether you are a first time investor, or a seasoned pro, real estate investing is a continual learning game. At Minnow Loan – we take your success personal. Connect with us today so we can show you what it means to take your investing to the next level.
This investor was purchasing an off-market SFR to add to his rental portfolio. His initial lender was requiring a large down payment upon close. We used the ARV (after repair value) of the property versus the purchase price to allow the borrower to bring less cash at close. This property already had renters in place, and the investor plans to hold as a rental and refinance us out in next 6-9 months. The investor came to close with $10k and we provided a loan for 90% of the purchase price.
Our borrower needed an all cash offer to secure this off-market deal. We loaned 90% of the purchase price. The borrower is funding the repairs himself, and plans to pay us off in the next 5-8 months with cash he will receive from a different property. The investor plans to rent this home and hold as a long-term investment.
We provided bridge financing for this borrower who was short ~$30k on the purchase of a commercial building that will house the relocation of his business. He provided the remaining cash needed to purchase and plans to pay us off or refinance in the next 7-9 months upon the completion and opening of his new space.
Minnow funded the purchase and rehab of this single family home. The borrower purchased off-market for ~$180k and it needed ~$50k in repairs. Borrower is planning on making 5 construction draws to complete the project, and selling in 4 months for $280k.
Minnow funded this loan in Collinsville, IL as a first time deal for a real estate investor who purchased it on market. Minimal upgrades and repairs were needed in order to resell for the ARV (after repair value). We funded 70% of the purchase and 100% of the construction costs for this investor – who plans to complete repairs and resell within 4 months.
A repeat client purchased this 8 unit property off-market and it needed ~$250k in rehab. Minnow funded 100% of the purchase and rehab and funded in less than 2 weeks. The investor is working on the rehab, stabilizing current tenants, then plans to re-finance with a long-term lender and add to his rental portfolio in the next 18 months.
This property was purchased by an investor to rehab, rent and then hold in their long-term rental investment portfolio. Minnow provided 67% leveraged financing to the borrower, with a 12 month short term bridge loan. Investor is currently working on the repairs and tenant placement.
Minnow funded the purchase of this investment property to add to the borrower’s rental portfolio. Shortly after close, the current tenant approached the investor with an intent to purchase. Borrower’s initial term was a 12 month bridge loan, however we are expecting a quick pay-off on this deal.
Got questions? We have answers! Check out some of our most common questions we hear from new borrowers.
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
Is there a prepayment penalty?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
how do i get started?
Got questions? We have answers! Check out some of our most common questions we hear from new borrowers.
Hard money loans are a specific type of asset-based loan that are short-term in length, typically secured by real estate, and used for investment purposes.
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
Is there a prepayment penalty?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
how do i get started?
Yes, we do!
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
Is there a prepayment penalty?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
how do i get started?
Qualification is based on the value of the collateral property rather than the borrower’s creditworthiness or income.
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
Is there a prepayment penalty?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
how do i get started?
This will vary based on the particular loan, but typically the borrower will have to put in a down payment of at least 10% of the purchase price.
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
Is there a prepayment penalty?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
how do i get started?
Interest rates start at 10.5%, however most of our loans are between 12%-13%.
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
Is there a prepayment penalty?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
how do i get started?
Yes. We will set up a draw schedule based on your rehab timeline and budget. Draws are funded quickly, and often times within 3 days of the request.
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
Is there a prepayment penalty?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
how do i get started?
Minnow Loan is a private lender - we control our own capital and funding schedule, which means we are able to provide funding in as little as 48 hours if all parties are prepared.
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
Is there a prepayment penalty?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
how do i get started?
Typically we do not have any prepayment penalties on our loans.
Is there a prepayment penalty?
how do i get started?
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
Contact us via the website, or give us a call. Submit a loan application, where we will ask you basic property and contact information. We do not require tax returns, financial statements, W2’s, etc.
how do i get started?
Is there a prepayment penalty?
How much cash do I need to bring for a down payment?
do you have a minimum fico score?
Do you work with first time investors?
What is a hard money (or private) loan?
how quickly can you close?
Will you lend me the construction/ repair costs on a project?
what is your rate?
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