They Supply Business Hard Money Loans
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We enable 100% CLTV, (Combined Loan to Value) Meaning we allow either the seller or one other personal lender to finance the remaining 10% of equity as a second be aware. At Tidal Loans we offer as much as 100% fix and flip loans to Texas Real Property traders. We are going to finance up to 100% of the acquisition and rehab price so long as the purchase and rehab amount is within our 70% of the ARV (After Repair Value). That is where a real estate investor uses an investor rehab mortgage to shortly safe a distressed actual property property, receive funding for the repairs, and get the property back listed on the market. This supplies our borrower’s nationwide 100% repair and flip loans. For our investor’s different states. The only funds our shoppers must bring to the closing table in this case would be the closing value That 10% is the amount the borrower would’ve had to deliver to the closing table. (We lend nationwide except for Minnesota and North/South Dakota) We are going to fund up to 90% of the acquisition worth and 100% of the repairs.