ICG10 Capital is a premier private lender for non-owner occupied properties. Based in Aventura, Florida, we provide financing to real estate investors with an average closing time of 2 weeks. In fact, we’ve closed in as little as 2 days. ICG10 recognizes how important speed, execution, and terms are for investors like you. We strive to provide the most competitive options in the market, and we tailor them to fit your needs. We have managed over $1 billion on real estate loans.

  • Lending Areas: Nationwide except AZ, CA, ND, NV, OR, SD, UT
  • Loan Types: Purchase, Refinance, Rehab Fix & Flip, New Construction, Commercial Bridge
  • Construction loans offered to experienced builders only
  • Business Purpose Loans Only: No Owner-Occupied Home Loans
  • Minimal Documentation

Loan Amounts

$100,000 to $10,000,000

Interest Rates

8.00% to 10.99%

Max Loan-To-Value

85.00%

Max Loan-To-Cost

90.00%

Origination Fees

0% to 0%

Loan Terms

0 months to 12 months

Lien Position

  • 1st

Loan Purpose

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

Property Occupancy

  • Vacant
  • Tenant Occupied 100%
  • Tenant Occupied Partial
Minimum Occupancy Percentage

0%

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Commercial Condominium
  • Condominium
  • Industrial
  • Mixed-Use
  • Multifamily
  • Office
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • Residential Land
  • Retail
  • Single Family Residence
  • Storage Facility

Loan Types

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

Specialty Loan Types

  • Land Development
  • Commercial Permanent Financing

Land Loan

Land Types Considered

  • Residential Land
  • Multifamily Land

Will Consider Land That is NOT Entitled

no

Existing Land Improvements Required

  • Street Access
  • Electricity
  • Gas
  • Water
  • Communication
  • Residential Structure
  • Commercial Structure

Max LTV for Land

60.00%

Max LTC for Land Acquisition

60.00%

Purchase Loan

Max LTC on Purchase Price

90.00%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Another Investment Property

Rehab Value Add Loan

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100.00%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

3

Construction Loan

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

3

Max LTC for Ground-Up Construction Costs

100.00%

Interest Charged for Construction Costs

Entire Amount of Total Project Costs

Will Lend on Partially Completed Construction Projects

yes

Details and Requirements

Typical Closing Time (Days)

14

Fastest Closing Time (Days)

3

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only

Payment Structure Details

monthly interest only payments

Pre Payment Penalty

no

Will lend to a foreign national

yes

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

  • LLC
  • Limited Partnership
  • Corporation

Documentation Required

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

Personal Guaranty (Recourse) Required

Always

Credit Check Required

yes

Minimum Credit Score Required

600

Appraisal Required for Residential Property

Always

Appraisal Required for Commercial Property

Always

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Commercial Property

Never

Fees

Legal Fee

Doc prep from attorney

Funding Fee

2% origination

Appraisal Fee

Paid straight to appraiser prior to closing.

Fees which are mandatory for all new borrower clients

  • Legal Fee
  • Funding Fee
  • Appraisal Fee

Fees which are charged upfront prior to loan closing

  • Appraisal Fee

Fees which are paid to a third party company

  • Appraisal Fee

We lend to real estate investors for bridge, fix-and-flip, construction, and rental purposes.

📍 Bridge & Fix-And-Flip Loans
📍 Single & Blanket Rental Loans
📍 New Construction Loans

We’ve managed over $1B in real estate investments.

Established

2015

Primary Capital Source

  • Debt Fund We Manage

Loan Structure for Majority of Loans

  • Own Balance Sheet

Percentage of company’s lending business focused on private mortgage

100%

Percentage of Loans Secured by Commercial Property

0%

Percentage of Loans Secured by Residential Property

0%

Percentage of Residential Property Loans Which are Fix and Flip

80%

Percentage of Residential Property Loans Which are Buy and Hold

10%

Percentage of Residential Property Loans Which are Owner-Occupied

0%

Percentage of Loans Secured by Land

0%

Percentage of Loans Secured by a Business (not real estate)

0%

2017 Number of Loans Funded

100

Warren

Ifergane

CEO

I’ve managed over $1B of real estate investments. In addition, I’ve obtained my MBA degree from Indiana University's Kelley School of Business and published the No-Nonsense Guide to Real Estate.

Brandon

Rodriguez

VP

Closed many private money transactions over the years, with past experience at JP Morgan and UBS.

Loan Request

This information is about yourself, not the subject property.

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At the end of the form you can enter the additional properties.

(temp use, storage, billboard, parking, etc.)

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If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

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(temp use, storage, billboard, parking, etc.)

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If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

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how will the loan be paid off?

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documents, photos, etc.

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