For acquiring, rehabbing, and growing portfolios
$1MM Line or higher
12 month draw
Non-Recourse Loan
640 Minimum Credit score
Active partner (minimum of 10 transactions in the last 12 months)
No Bankruptcies, no Felonies
Rate is 9% I/O, 3 point
Lesser of 75%LTV or 85% LTC, Rehab funds max out at 35%
No collateral required other than properties acquired using the LOC
Lender looks mainly at track record - super fast commitment
Proof of Funds Letter supplied

$1mm to $100 million
Time to Close 30 days +/- ( LOC commitment 3-5 days)
USA properties only
info@michaellewisgroup.com

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