RBI Private Lending
Miami, Florida
NMLS ID 1473501
Private Lending for Residential Real Estate Investors
RBI Private Lending is a direct private/hard money lender for investment real estate in 40+ states. We close fast and don’t charge pre-payment penalties. Many of our clients are foreign nationals.
- Purchase and Refinance Bridge Loans
- Fix & Flip (or Rent) Loans
- Ground-Up Construction Loans
- NO Prepayment Penalty for Short-Term Loans
- Foreign Nationals Welcome
- Fast Closings – Approval within 48 hours, average closing 7-12 days.
Please note: We do not offer loans for owner-occupied homes or commercial real estate.
Property Geographic Area Details
Nationwide except NV, UT, ND, SD, HI, OR.
Loan Amounts
$75,000 to $5,000,000
Interest Rates
9% to 12%
Loan Terms
3 months to 24 months
Origination Fees
1% to 2%
Lien Position
1st
Maximum Leverage
Purchase Short-Term (no Value-Add)
Max LTP Residential: 80%
Max LTP Multifamily: 70%
Max LTP Commercial: 65%
Max LTP Land: 50%
Purchase Long-Term
Max LTP Residential: 85%
Max LTP Multifamily: 80%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 65%
Max LTV 1st Lien Multifamily: 60%
Max LTV 1st Lien Commercial: 55%
Max LTV 1st Lien Land: 50%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 65%
Max LTV 1st Lien Multifamily: 60%
Max LTV 1st Lien Commercial: 55%
Max LTV 1st Lien Land: 50%
Refinance Long-Term
Max LTV Residential: 75%
Residential Fix & Flip
Max LTP: 85%
Max LTC: 85%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 85%
Max LTC: 85%
Max LTARV: 70%
Multifamily Value-Add
Max LTP: 75%
Max LTC: 75%
Max LTARV: 60%
Residential Construction
Max LTC: 85%
Max LTCV: 70%
Multifamily Construction
Max LTC: 70%
Max LTCV: 60%
Property Types
- 2-4 Units Residential
- Condominium
- Multifamily
- Portfolio of Residential Properties
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
25% minimum cash required for standard bridge purchase loans. 20% cash required for a rehab/flip project.
Max Loan-to-Purchase Price
80%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
Borrowers with little to no experience will not get the maximum leverage and will have to put more cash into the deal.
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Interest Charged for Renovation Costs
Only on Funds DrawnTypical Number of Days for Funds Draw
5Maximum After Repair Value
70%
Lend up to 85% LTC of LAND + HARD COSTS. NO FINANCING ON SOFT COSTS. WE INCLUDE A 10% CONTINGENCY ON HARD COSTS TO INCLUDE THE LOAN AMOUNT. Borrowers with little to no experience will not get the maximum leverage and will have to put more cash into the deal.
Development Experience Required
noMinimum Number of Ground-Up Construction Projects Completed by Borrower
0Max LTC for Ground-Up Construction Costs
85%Interest Charged for Construction Costs
Only on Funds DrawnWill Lend on Partially Completed Construction Projects
yesUnderwriting Fee
$1,500
Appraisal Fee
Depends on property.
Environmental Report Fee
Depends if is needed.
Fees which are mandatory for all new borrower clients
- Deposit
- Underwriting Fee
- Legal Fee
- Settlement Fee
- Appraisal Fee
- Escrow Fee
- Title Fee
Fees which are paid to a third party company
- Settlement Fee
- Appraisal Fee
- Escrow Fee
- Title Fee
- Environmental Report Fee
Contact RBI Private Lending
RBI Private Lending pays us to be listed, so there is no fee to connect with them directly.
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Our team is composed of experienced individuals who will provide financial services tailored to your needs. After years of experience in the industry, we are confident that we will accomplish your goals by delivering to you an approval in less than 48 hours while we give you the attention you deserve.
Mission
Knowing our clients is one of the key element in the process of lending. RBI believes that transparency is a fundamental factor to achieve customer satisfaction. By providing highly competitive products with an outstanding personalized service, RBI Private Lending will gain the confidence of individuals seeking private Real Estate loan.
Why Us?
- Instant offer, fast approval
- Low rates, competitive and flexible terms tailored to needs
- High quality customer service
- Diverse paying methods, including automatic payments (ACH)
- No prepayment penalty
Associations
- American Association of Private Lenders
- Florida Association of Mortgage Professionals
Office Locations
RBI Private Lending19495 Biscayne Blvd, Suite 801 , Miami, Florida 33180
Our Team
Contact RBI Private Lending
RBI Private Lending pays us to be listed, so there is no fee to connect with them directly.
Stay Informed About Private Lending
Receive our monthly newsletters with valuable insights and industry updates
Contact RBI Private Lending
RBI Private Lending pays us to be listed, so there is no fee to connect with them directly.
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