Green Block Inc.
Ann Arbor, MI
Direct Lender for Michigan Real Estate Investors
We are asset-based lenders. Green Block ensures that all parties benefit and won’t approve funding unless it is win-win for us and our borrowers.
We only lend to business entities (LLCs or Corps), not individuals, on properties in Michigan. Properties must be non-owner occupied and unencumbered.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types
- 2-4 Units Residential
- Commercial Condominium
- Condominium
- Mixed-Use
- Multifamily
- Single Family Residence
- Student Housing
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
Specialty Loan Types
- Residential Long-Term Rental
- Transactional Funding
Max Loan-to-Purchase Price
90%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
85%Interest Charged for Renovation Costs
Only on Funds DrawnTypical Number of Days for Funds Draw
3Maximum After Repair Value
75.00%Inspection Fee
Draw inspection fee
Credit Report Fee
Charged by report provider, not lender
Background Check Fee
Charged by report provider, not lender
Background Check Fee
Charged by report provider, not lender
Fees which are mandatory for all new borrower clients
- Documents Fee
- Credit Report Fee
- Background Check Fee
Fees which are paid to a third party company
- Appraisal Fee
- Inspection Fee
- Title Fee
- Credit Report Fee
- Background Check Fee
Get In Touch
Stay Informed About Private Lending
Speedy, exceptional customer service is the heart of our business. We know all of our clients by name and will only fund a deal if it’s win-win for our clients and us. And because we were started by flippers, we understand and seek to solve the problems real estate investors face.
Simply put: our business exists to help yours grow.
We finance your investment. Have you applied for a loan at a big bank and been turned down? Most banks won’t loan to real estate investors for many reasons. Silly, isn’t it? Green Block thinks so. We loan to any investor with a strong business plan.
Get in. Get out. Get paid.TM
Associations
- American Association of Private Lenders - Member
Office Locations
Green Block Inc.2075 W. Stadium Blvd. #2950, Ann Arbor, MI 48106
Our Team
Yoav Gilad
Chief Strategist
Marcia Gilad
President
Get In Touch
Stay Informed About Private Lending
Contact This Lender
Create a Loan Request
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Contact Green Block 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.