Property Geographic Area Details

Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee

Loan Amounts

$50,000 to $1,000,000

Interest Rates

10% to 14%

Max Loan-To-Value


Max Loan-To-Cost


Origination Fees

2% to 4%

Loan Terms

6 months to 12 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Improve Subject Property
  • Value Add Project
  • Development Project

Property Occupancy

  • Vacant

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Commercial Land
  • Multifamily
  • Office
  • Single Family Residence

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge
  • Commercial Property Value Add
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Ground-Up Construction

Details and Requirements

Typical Closing Time (Days)


Fastest Closing Time (Days)


Works With

  • Borrowers

Payment Structure

  • Interest Only

Pre Payment Penalty


Will lend to a foreign national


Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


Borrower Entity Types Considered

  • LLC
  • Limited Partnership
  • Corporation

Documentation Required

  • Credit Report
  • Tax Returns
  • Bank Statements
  • Financial Statements
  • Loan Application

Personal Guaranty (Recourse) Required


Credit Check Required


Minimum Credit Score Required


Appraisal Required for Residential Property


Appraisal Required for Commercial Property


Broker Price Opinion (BPO) Accepted for Residential Property


Broker Price Opinion (BPO) Accepted for Commercial Property



Processing Fee

Renovation Construction Draw Fee


Fees which are paid to a third party company

  • Legal Fee
  • Appraisal Fee
  • Title Fee

Year Established


Office Locations

Coastal Equity Group
15 State Street, Charleston, South Carolina 29401

Primary Capital Source

  • Private Equity Funds

Alternative Capital Sources

  • Own Funds
  • Individual Investors

Loan Structure for Majority of Loans

  • Own Balance Sheet

Percentage of company’s lending business focused on private mortgage


Percentage of Loans Secured by Commercial Property


Percentage of Loans Secured by Residential Property


Percentage of Residential Property Loans Which are Fix and Flip


Robert Baker

Fund Manager

Robert “Alex” Baker, better known as Alex, graduated with a B.S. In Business Administration with a major in Finance. He went on to complete his M.B.A in Finance at the University of Louisville. Although his focus of interest has been in finance, he has maintained a love of entrepreneurship and has pursued his self-made career in investment strategies with a focus on residential and commercial real estate. His real estate career flourished in the fix and flip sector renovating houses in his early twenties performing the labor himself. He has since rehabbed dozens of homes while building an experienced team and strategic partnerships along the way. He found his niche in the lending sector in commercial loans to funds real estate and commercial investment projects. He has started and ran several successful companies in the real estate industry and has also developed strategic alliances nationwide. His education and experience in real estate and finance have afforded him the ability to seek qualified and secure investments with a return that would excite any savvy investor. He believes that it is through relationship building and sharing opportunities that a successful pathway for the future is achieved. One of his favorite quotes that he lives by day-to-day is, “Think Big, Work Smart, and Hustle Hard” – Kimron Corion.

Leah McMillan


Leah McMillan graduated with a B.A. in Communication Studies from Clemson University in 2016 and is currently pursuing her Masters in Business Administration from Anderson University. Her education and drive have led her to the opportunity of being a part of the successful private fund, Coastal Equity Group.