They Provide Commercial Hard Money Loans
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We allow 100% CLTV, (Combined Mortgage to Value) That means we allow both the vendor or one other private lender to finance the remaining 10% of equity as a second note. At Tidal Loans we offer up to 100% repair and flip loans to Texas Actual Property buyers. We'll finance up to 100% of the purchase and rehab price as long as the acquisition and rehab amount is inside our 70% of the ARV (After Repair Worth). That is where a real estate investor uses an investor rehab loan to quickly secure a distressed actual estate property, receive funding for the repairs, and get the property again listed in the marketplace. This provides our borrower’s nationwide 100% fix and flip loans. For our investor’s different states. The only funds our shoppers must bring to the closing table in this situation would be the closing value That 10% is the amount the borrower would’ve needed to convey to the closing table. (We lend nationwide aside from Minnesota and North/South Dakota) We will fund as much as 90% of the purchase value and 100% of the repairs.