Getting access to financing for the purchase and renovation of investment properties is the most common challenge that real estate investors face today. Most conventional banks have stopped offering financing for houses that need work – regardless of the borrower’s credit history. That is why Build offers in-house rehab financing for all of our properties that is designed to specifically meet the needs of real estate investors.
|Minimum Down Payment:||$10,000||20%|
|Min/Max Loan Amount:||$40k/$150k||$40k/$150k|
|Loan to Value:||65%||50%|
|Loan Term:||9-12 months||9-12 months|
|Points:||4.9 at closing||4.9 at closing|
|Property Type:||Property from Build||Single Family|
|Includes Rehab Funds:||Yes||Yes|
|Minimum Credit Score:||no minimum||640|
|Apply Online||Apply Online|
*Financing is available for well qualified applicants, is subject to available funds, and is not guaranteed by Build Realty, Inc. Build Realty, Inc. provides private commercial loans for non-owner occupied investment properties and is not a licensed mortgage broker. Terms, conditions, and qualifications for financing are determined by the individual lender. Any property purchased from Build Realty, Inc. or its subsidiaries is not subject to any financing contingencies.