“I see so many good deals in the real estate market, but I need money to take advantage of them.”

“If I could just put my rehabbing skills to work, I could make a killing!”

If you have said this before, you are in the right place.

• Do you want to purchase a property, rehab it, and flip it for a profit?
• Are you an experienced rehabber or construction project manager?

What you provide:

• Your team’s expertise
• Your ability to accurately estimate repair costs
• Your experience in rehabbing
• Your management of the project

What We Provide:

The MONEY!

Very few lenders will fund rehab projects because most lenders think it is a big risk. Most lenders will only lend after the rehab project is finished.

But we LOVE rehab funding.

And that is to your advantage!



Two Ways We Can Fund Your Rehab

Straight Interest Rate

If you can contribute a large down payment to the project, although you receive a slightly higher rate of interest, you do not have to share any of the profit from the deal. This option is for rehabbers who have enough cash to contribute 35% of the purchase price of the house and fund all of the rehab costs and closing costs on their own until the property re-sells.

The interest rate of the rehab loan varies upon the deal, but the typical rate is 12-14%

Equity Share

When you do not want to contribute a down payment, we are willing to joint venture with you and by shouldering more financial risk and receive a lower rate of interest as long as we can share in the profit of the deal. Most of our clients choose this option because it allows them to leverage their cash reserves and do more deals. As a result, they can have more projects in process, keep their crews busier, and actually make more money overall. This option enables them to capitalize on the current market while it lasts.

• Purchase price must be 65%  Loan-to-Value or less based on the After Repaired Value
• Loan is made for non-owner occupied properties only(i.e. this means that you will not live in the home and it will be refinanced or sold after it is repaired)
• The property must be a 1-4 unit residential property
• The property will be purchased to be rehabbed and then sold
• The time frame from purchase to rehab to sale is 6 months or less
• The property must be located in the Greater San Francisco Bay Area (although we know lenders who will go outside our area

No Worries

Although your personal credit will be considered in your application, as long as you can show that the After-Repaired-Value of the house is 65% Loan-to-Value or less, your income and credit are NOT the overall deciding factor of receiving funding. This is different than in the past. If you have had difficulty receiving rehab funding in the past because your credit was bruised, your time has arrived. You can often receive funding like never before!



Tips in Preparing an Initial Loan Package

To speed along the approval of your loan, you need to provide some initial information to us. Here are the questions that we ask all our clients on a new project:

• Your name, phone, and email address
• The location of the property (city and zip code of the property
• Loan amount needed
• Current property value
• Estimated after repaired value
• Estimated repair cost
• Property type and zoning
• Non-owner occupied while you own the property?
• Other loans on property
• Backup plan in case your original plan does not work out

We Make it Easy

We have prepared an Initial Funding Questionnaire for you. All you have to do is CLICK here. After you complete it and send it in, we will contact you within 24 hours to go over your information.

Go ahead, what do you have to lose? Put your rehabbing and project management skills to work and get the funding you need to make a killing in this market.

After you have submitted information for initial review, start gathering information so you are ready for Phase 2 of the review process. If you get prepared to answer the following questions, Phase 2 will go more quickly:

• Who will be on title?
• What are the positions of the loans?
• How soon do you need the money?
• Do you need a Proof of Funds letter? When?
• Do you need the money for six months or less?
• How did you determine the LTV?
• How did you determine the ARV?
• Can you help contribute to the deal financially? How much?
• Would you prefer a lower interest rate by sharing some of the profit or a higher interest rate and sharing none of the profit?
• Can you help us with any information that we might find on the credit report so we know the context of that negative information?
• How many rehabs have you done in the last 2 years?
• What is your primary and back up exit strategy?
• What is the address of the property? Street address, city and zip code (Your information will be held with the most strict level of confidentiality)
• Do you have other real estate you can use as collateral to secure your loan on this property?
• What positions are the loans on these properties?

We look forward to working with you. We understand what you are trying to do and will work with you to make it happen.

Brian Netzel
Access Property Funding