New Funding Resources 
Tools and Resources
Pre-Approval Process
These tools will help you understand the details of your transaction and make informed, numbers-based decisions. They also provide practical guidance on how to form an LLC or apply for financing with us.
Hard Money Calculator
Estimate the profits your pending transaction would generate. Figure out how much of your own funds you would need to bring to the transaction and how much leverage we can provide you with. Calculate your closing, carrying, and selling costs and find ways to minimze them.
Maximum Purchase Price Calculator
When it comes to fix-and-flips, it’s all about the profits. So how much can you afford to pay for a property to ensure that all the work you’re about to do is worth your while? Our maximum purchase price has the answer. Just enter how much profit you would like to generate and – Voila! – the answer is right at your fingertips!
Create an LLC or Register a Foreign LLC
Don’t have an LLC? No problem! Our step-by-step instructions make the process fast, easy, and affordable. For those whose LLC is formed in a different state that they are investing in, we have detailed descriptions how to register that “foreign” LLC in Maryland, Washington, DC, and Virginia.
Financing Application
Whether you have a specific property in mind or are just planning to start looking for the right property to invest in, the first step is to get pre-approved. The pre-approval results in issuing a Proof of Funds Letter – a document that tells the seller you are a qualified buyer with quick access to funds.
Underwriting
These tools help drill into one of the key elements of your hard money loan – rehab costs – and prepare for effectively managing the renovation and draw release process.
Draw Schedule
If your private loan with us has a construction escrow, this form is required. It sets forth the milestones that need to be met for us to release the funds. The more details you provide, the easier the process will be. Please use common sense and consult with your contractor and the crew to ensure it is aligned with their vision for the renovation.
For more information on draw schedules and why they are important, read here.
Statement of Work
This form provides a detailed list of all typical renovation items and is handy in managing and paying your contractors. Since our hard money loans are based on the after-repair value of the property, it is an essential part of the appraisal process and is required to order it. It also serves as the foundation for the draw schedule.
For more information on how to create an awesome statement of work, please read here.
Servicing
For faster response to your request please use the forms below.
Construction Draw Request
Click the button below to chat with Drew the Draw Bot, who will take your draw request, provide you with a copy of your draw schedule if you need it, and keep you updated on the status. Drew is here to make things easy and seamless. He will also stay on top of our human team members to ensure your request does not fall through the cracks.
Request a Payoff
The payoffs are detailed calculations of how much is owed on a loan if it’s repaid on a specific date. Because of this reason, we typically accept payoff requests only from title companies and require a closing date to be set. Please have your company order the payoff by filling out the form below. Wire fraud is common. If the title company misdirects the funds, you might be held responsible. Please instruct them to verify the instructions.
