Direct Lender for Residential Real Estate Investors Nationwide
Fix and Flip
Our Fix and Flip loan product is designed to fund 100% of renovation costs and to close quickly. This loan product offers 12-24 month terms and will fund up to 90% of the project cost.
Our Bridge loan offers short-term financing to acquire or refinance a property when conventional financing is not available or might take too long to close. This loan is available at 12-24 month terms and up to 75% loan to value.
Our 30-year fixed rate DSCR loan is designed to assist with financing rental properties. This product can fund up to 80% of the property’s value.
Ground Up Construction
Our Ground Up Construction is designed to provide a streamlined funding solution to build single family projects. Designed for experienced builders, we lend on permit-ready single family construction projects. The product can fund up to 75% of the total project cost.
Please Note: We do NOT offer loans secured by owner-occupied homes, vacant land or commercial properties.
Property Geographic Area Details
Purchase Short-Term (no Value-Add)
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Residential Fix & Flip
Residential Rehab & Hold
- 2-4 Units Residential
- Portfolio of Residential Properties
- Single Family Residence
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
Specialty Loan Types
- Residential Long-Term Rental
- Residential Short-Term Rental
- Vacation Rental
Max Loan-to-Purchase Price85%
Borrower Must Have Property Under Contractno
Will Provide Proof of Funds Letteryes
Will Consider Lending on Purchase from Auctionyes
Allowed Source of Borrower’s Equity
- Own Cash
- Equity in Subject Property
- Equity in Another Investment Property
Minimum Number of Value-Add Projects Completed by Borrower0
Will Provide Funds for Renovation Costsyes
Max LTC for Renovation Costs90%
Interest Charged for Renovation CostsEntire Amount of Total Project Costs
Typical Number of Days for Funds Draw2
Maximum After Repair Value70%
Development Experience Requiredyes
Minimum Number of Ground-Up Construction Projects Completed by Borrower1
Max LTC for Ground-Up Construction Costs75%
Interest Charged for Construction CostsOnly on Funds Drawn
Will Lend on Partially Completed Construction Projectsyes
$1,495 covers processing and document fees.
Minimum Origination Fee Amount
Park Place Finance Testimonials
Park Place Finance is a nationwide, direct private lender, specializing in Fix and Flip, Bridge, and DSCR loans. With same day approvals and an average 3-5 day close time, Park Place Finance is the business partner you need to get your real estate investments funded.
Our borrowers benefit from competitive rates dependent on property location, the borrower’s experience, and the borrower’s credit. Our national footprint offers you endless opportunities for your growing portfolio. We look forward to working with you.
- $1 Billion in funded loans
- Average 3-5 day close time
- Trusted by thousands of Real Estate Investors
- Same day approvals
- American Association of Private Lenders
Office Locations500 West 2nd, Suite 1900, Austin, Texas 78701
VP of Sales and Operations
VP Strategic Initiatives
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Our Minimum Loan Amount Is
What We Do
- Fix and Flip Loans
- Bridge Loans - Purchase, Refinance, Cash Out
- DSCR / Long Term Rental Loans
- Ground Up / New Construction Loans
- NO 100% Financing
- NO Land Loans
- NO Owner-Occupied Homes
- NO Commercial Real Estate