funded-100CLTV

100% CLTV Financing

• Loan $1,200,000
• 50% Loan + 50% Owner Carry
• Seller paid Closing Costs
• Buyer got Cash at Closing

Most lenders require you to put at least 20% down in cash to finance a project. T.H. is a successful developer who buys homes to rent on sites like Airbnb and VRBO. When he learned we allow our clients to 100% finance purchases through a combination of our loan (50%) and an owner carry (50%) without requiring any cash at closing, he realized he could acquire an unlimited amount of qualifying properties. Since funding this purchase we’ve financed another loan for him for $960k, and we have 3 more in the works for amounts ranging from $500k to $3.1M.