Beverly Rehab Lenders for Residential Rental Properties
Are you looking to rehab and hold a residential rental property in Beverly, MA? On this page you'll find a list of lenders that provide financing to help investors execute the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy in urban areas. You typically need some cash for the purchase, some cash reserves, and a FICO score over 680 to qualify for the long-term refinance. The maximum loan-to-ARV (after-repair value) for most lenders is 75%, but it could be lower depending on the rental income, location, credit score and other factors.Displaying 0 Results
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$250,000 - $20,000,000
12 to 360 months
7.00% - 12.00%
1.00% - 3.00%
$75,000 - $10,000,000
12 to 360 months
8.00% - 13.00%
2.00% - 5.00%
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
$50,000 - $5,000,000
6 to 24 months
9.00% - 12.00%
1.00% - 2.00%
$75,000 - $1,250,000
1 to 9 months
10.00% - 11.90%
2.00% - 3.00%
$75,000 - $15,000,000
6 to 360 months
9.50% - 12.00%
1.00% - 3.00%
$100,000 - $5,000,000
12 to 360 months
8.00% - 12.00%
1.00% - 3.00%
$115,000 - $8,000,000
6 to 24 months
10.00% - 11.00%
$100,000 - $3,000,000
12 to 360 months
6.62% - 12.45%
$150,000 - $40,000,000
6 to 24 months
9.00% - 12.50%
0.50% - 2.00%
$250,000 - $10,000,000
6 to 36 months
8.50% - 11.99%
0 - 2.00%
$100,000 - $4,000,000
6 to 360 months
6.25% - 11.75%
0 - 3.00%
Rehab Financial Group
100% Financing for Rehab, Flip and Construction Projects - NO DOWN PAYMENT! NO INCOME VERIFICATION!
$100,000 - $1,250,000
9 to 12 months
11.25% - 12.75%
2.00% - 3.00%
$100,000 - $3,500,000
6 to 24 months
7.99% - 12.00%
1.00% - 3.00%
RBI Private Lending
Direct lender for Bridge Laons, Fix and Flip and Construction. Foreign nationals and new investors welcome.
$75,000 - $5,000,000
3 to 24 months
9.00% - 12.00%
1.00% - 2.00%
$75,000 - $2,500,000
6 to 24 months
9.00% - 15.00%
2.00% - 4.00%
$250,000 - $10,000,000
6 to 24 months
8.90% - 11.90%
1.00% - 2.00%
$150,000 - $100,000,000
6 to 60 months
9.00% - 12.99%
0 - 2.00%
2 Local Massachusetts Rehab Lenders
Here are the residential rehab lenders on our platform that are “local” lenders, based in the Boston metro area…
- Cardinal Capital Group
Based in the South End of Boston, Cardinal Capital Group ranks among the top five highest-volume hard money lenders in Massachusetts according to Forecasa. For residential rehab projects, they typically fund up to 85% of the purchase price and 100% of the rehab costs, with a 75% maximum loan-to-ARV. In addition to Massachusetts, they lend in the rest of New England, plus a few other states. - RD Advisors
Based in South Boston, RD Advisors manages a debt fund which offers rehab loans to real estate investors in the Greater Boston metro area. For rehab projects, they typically fund up to 85% of the purchase price and 100% of the rehab costs, with a 70% maximum loan-to-ARV. They pride themselves on providing speed and flexibility. They don’t have high experience requirements and credit scores can be as low as 500.
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