Direct Lender for Residential and Multifamily Property Investors

Easy Street Capital is a private real estate lender headquartered in Austin, Texas serving real estate investors around the country. Defined by an experienced team and innovative loan programs, Easy Street Capital is the ideal financing partner for real estate investors of all experience levels and specialties. Whether an investor is fixing and flipping, financing a cash-flowing rental, or building ground-up, we have a solution to fit those needs.

EasyFix
Short-term loans for the purchase and rehab of residential or multifamily properties (up to 20 units). We fund up to 90% of the total costs (purchase + rehab).

EasyRent
DSCR 30-year rental loans for residential investment properties, including short-term vacation rental. We fund up to 80% of the purchase price, or 80% LTV for a refinance.

EasyBuild
Vertical ground-up construction financing for residential investment properties, including multi-home developments. We fund up to 82.50% of the total costs. No horizontal or land development.

Please Note: We do not offer loans for land development, commercial properties or owner-occupied homes.

Property Geographic Area Details
Nationwide except North Dakota, South Dakota, Minnesota, Nevada, New York.
Loan Amounts
$75,000 to $2,000,000
Interest Rates
9.90% to 12.90%
Loan Terms
6 months to 12 months
Origination Fees
1.5% to 3%
Lien Position
1st
Collateral Types
  • Residential Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Invest in a Business
  • Business Working Capital
  • Value Add Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Tenant Occupied Partial

Maximum Leverage

Purchase Short-Term (no Value-Add):
Max LTP Residential: 70%
Max LTP Multifamily: 70%
Purchase Long-Term
Max LTP Residential: 80%
Max LTP Multifamily: 80%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 60%
Max LTV 1st Lien Multifamily: 60%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 60%
Max LTV 1st Lien Multifamily: 60%
Refinance Long-Term
Max LTV Residential: 80%
Max LTV Multifamily: 80%
Residential Fix & Flip
Max LTP: 90%
Max LTC: 90%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 90%
Max LTC: 90%
Max LTARV: 70%
Multifamily Value-Add
Max LTP: 90%
Max LTC: 90%
Max LTARV: 70%
Residential Construction
Max LTP Land: 82.5%
Max LTC: 82.5%
Max LTCV: 65%
Multifamily Construction
Max LTP Land: 82.5%
Max LTC: 82.5%
Max LTCV: 65%

EasyFix is Easy Street Capital’s industry-leading financing solution for fix & flip investment properties. Whether you are looking to purchase a property with small or large renovation, or simply need a bridge loan, EasyFix is the easiest and fastest loan program in the country. Easy Street Capital is able to close your loan in less than 48 hours. There is no appraisal, so you save money, time, and the terms of your loan never change. The EasyFix loan program experience has resulted in Easy Street Capital having the highest repeat borrower % in the country. We are confident we can find you a great loan with a quick, efficient and easy process. Receive your term sheet today (within 24 hours).

EasyBuild is the perfect solution for home builders. All construction loans are serviced in-house from start to finish providing a unique level of exceptional customer service in the real estate investing industry. We understand the importance of getting paid on time and want to ensure that your construction project is completed as quickly and efficiently as possible. Our new construction program is incredibly easy to navigate and we as a company, want you to succeed by making the process incredibly straightforward and easy.

EasyRent is our tailored and industry-leading solution for cash flowing investment properties whether you are buying to add to your portfolio or cashing out your capital in a refinance, we have a loan for you. We are also a leader in short term rentals – properties used for AirBNBs, VRBO or vacation homes – we have flexible and ultra-competitive terms to get deals done. We have solutions for anyone – from first-time investors dipping to industry veterans looking to rapidly expand their portfolios – we are confident we can find you a great loan in a quick, efficient and easy process.

 

 

Property Types

  • 2-4 Units Residential
  • Condominium
  • Mixed-Use
  • Multifamily
  • Single Family Residence

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Long-Term Rental
  • Residential Ground-Up Construction

Specialty Loan Types

  • Residential Long-Term Rental
  • Residential Short-Term Rental
  • Vacation Rental
Max LTC is 90%, market dependent. Max ARV LTV is 70%. Down payment for the purchase will be from borrower, and that can include a member of the LLC. Cross collateralizing assets to cover the down payment is acceptable on a case by case basis.

Max Loan-to-Purchase Price

90%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Equity in Subject Property
  • Equity in Another Investment Property
Borrower should have some direct investing experience, but can include trades such as real estate agents or general contractors. Exceptions on case by case basis.

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

1

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

90%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

3

Maximum After Repair Value

70%
Borrower needs to be able to show experience of at least 1 completed ground up construction project. Need permits in place prior to issuing first draw for construction costs. We do not fund horizontal land development. Project must be shovel-ready. Most of our construction loans are for a single home, but we do fund multi-home developments and multifamily projects for experienced developers.

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

1

Max LTC for Ground-Up Construction Costs

82.5%

Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects

yes
Easy Street Capital offers non-QM Debt Service Coverage Ratio (DSCR) loans. Rates and terms are fluid based on market conditions.

Minimum Loan Amount

$75,000

Maximum Loan Amount

$5,000,000

Minimum Interest Rate

6.75%

Maximum Interest Rate

10.00%

Minimum Origination Fee

1%

Maximum Origination Fee

3%

Minimum Loan Term

360 months

Maximum Loan Term

360 months

Seasoning Time

3 months

Minimum Debt Service Coverage Ratio

0.75

Will Lend on a Portfolio of Properties

Yes

Minimum Number of Properties

3

Maximum Number of Properties

25

Minimum Property Value

$93,750

Processing Fee

A set $1,495 document and processing fee covers all lender underwriting and closing costs.

Minimum Origination Fee Amount

$2,000

Fees which are mandatory for all new borrower clients

  • Extension Fee

Details and Requirements

Fastest Closing Time (Days)

2

Payment Structure
  • Interest Only
Pre Payment Penalty

no

Will lend to a foreign national

no

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

no

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Corporation
  • Non-Profit Corporation
  • Self-Directed IRA
Documentation Required
  • Credit Report
  • Bank Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Always
Credit Check Required

yes

Minimum Credit Score Required

620

Credit Check Description

These are general guidelines and exceptions can be considered on a case by case basis with potential impact on rate and leverage levels.

Appraisal Required for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Legal Disclaimer

Easy Street Capital is a DBA licensed with California Department of Real Estate, BRE#: 02090209 and Easy Street Capital CA, LLC is licensed with the California Department of Financial Protection and Innovation, CFL#: 60DBO-97686. NMLS # 2167568. Arizona Mortgage License Number MB - 1035987. TX- 2167568. ID- MBL-2082167568. OR- 2167568.

Easy Street Capital Testimonials

Catherine C.

"Easy, efficient, and perfect for flippers! We love doing business with the company and are completing our third flip in 9 months! Thank you! Thank you! Looking forward to doing business on the next one."

Google Reviews

Brandon R.

"Well done! When my initial lender asked for an extension 3 days before closing the Easy Street team stepped in and saved the day! I appreciate their ability to close quickly and get the deal done."

Google Reviews

Christopher C.

"Easy Street has been very easy to work with. We appreciate the communication and quick responses. They really do understand that time is of the essence in real estate. The entire process was a breeze and we look forward to continue working with them!"

Google Reviews

Angel C.

"Easy Street was flexible enough to work around some extension issues due to some unseen hurdles in my house flip. Eternally grateful to Easy Street for making things as smooth as possible. Would definitely recommend them to anyone getting started in house flipping."

Google Reviews

Mike N.

"In a market that is full of hard money lenders, we made the best choice in using Easy Street. Closed my deal on time and they didn’t ask me to bring my “first born”. It was easy and it allowed me to start my business and keep more of my profit!!! Easy Street is the best in the business! Straight forward & easy!!"

Google Reviews

Judson G.

"I was able to obtain a loan from Easy Street to invest in purchasing a house in TX for fixing up & flipping. Easy Street is one of the best lenders I have dealt with and they are genuinely interested in assisting the investor to be successful with whatever your project is. I would highly recommend them to anyone who needs funds for investment in real estate."

Google Reviews

Mirelle L.

"Easy Street is great for investors needing to close fast at competitive hard money rates. They have much less red tape to approve and the numbers make sense. This really made it possible for us to move fast and get the deal done."

Google Reviews

Ross C.

"I have had a good experience with Easy Street Capital. I was able to close my deal quickly with very timely underwriting. The company should be able to close very quickly if you need a quick close. The rehab draws I requested were reviewed and issued quickly as well (basically next day or two). The communication and all processes of the loan have been simple throughout my time working with them."

Google Reviews

Contact Easy Street Capital

Easy Street Capital pays us to be listed, so there is no fee to connect with them directly. Call them, send an email, or share your loan request.
(866) 828-0062 (866) 828-XXXX
Click to show phone number
Send email Create a Loan Request

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
SUBSCRIBE
subscribe-illustration

Easy Street Capital is a private real estate lender headquartered in Austin, Texas serving real estate investors around the country. Defined by an experienced team and innovative loan programs, Easy Street Capital is the ideal financing partner for real estate investors of all experience levels and specialties. Whether an investor is fixing and flipping, financing a cash-flowing rental, or building ground-up, we have a solution to fit those needs.

Our lending process offers industry leading speed and efficiency to help investors win more deals and grow their business. We can close in less than 48 hours.

We’ve cut the underwriting red tape and simplified our lending process to avoid the headaches of traditional financing and allow investors to focus on closing their deal.

We take pride in being highly transparent and responsive when crafting your loan. We fund all of our loans per the terms agreed upon by our borrowers. No last-minute changes. No surprises.

License

NMLS ID 2167568, CA DRE Lic. 02090209, CFL 60DBO-97686, Arizona MB 1035987, TX- 2167568. ID- MBL-2082167568, OR- 2167568.

Company Size (Number of Employees)

15

Year Established

2016

Office Locations

Easy Street Capital - Austin
1201 E Cesar Chavez Street Suite 1, Austin, Texas 78702

Easy Street Capital - Irvine
19900 MacArthur Blvd, Irvine, California 92612

Primary Capital Source
  • Own Funds
  • Debt Fund We Manage
  • Single Capital Partner
Alternative Capital Sources
  • Family Offices
  • Bank Credit Line
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Residential Property

100%

Total Number of Loans Funded to Date

5,067

Total Loan Volume Funded to Date

$1,500,000,000

Our Team

Stephen Hagerman

President

Casey Denton

Partner

Scott Townes

Partner

CA DRE Broker License - 01982219
NMLS ID - 1726407

Joshua Brandt

Partner

Robin Simon

Partner

Gray Cato

Partner

Contact Easy Street Capital

Easy Street Capital pays us to be listed, so there is no fee to connect with them directly. Call them, send an email, or share your loan request.
(866) 828-0062 (866) 828-XXXX
Click to show phone number
Send email Create a Loan Request

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
SUBSCRIBE
subscribe-illustration

Contact This Lender

Click to show phone number
(866) 828-0062 (866) 828-XXXX
Visit Website Send Email

Create a Loan Request

Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.

Create a Loan Request

Contact Easy Street Capital by whichever method you choose.

If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.

BEFORE YOU CONTACT THIS LENDER

Our Minimum Loan Amount Is

$75,000

What We Do

  • Residential Investment Properties
  • Multifamily up to 20 Units
  • Bridge, Fix and Flip, Construction, Long-Term
  • Rehab Loans up to 90% LTP/LTC
  • 10%+ Cash Required for Total Costs

Not Available

  • NO 100% Financing
  • NO Owner-Occupied Homes
  • NO First-Time Investors
  • NO Land Loans
  • NO Rural Properties
  • NO Commercial or Specialty Properties

Send an email to Easy Street Capital