Short-term business-purpose loans fund acquisition and rehab quickly, then get repaid by a sale or a refinance into long-term financing. Speed and certainty of close matter more than rate on these deals.
6-24 months
Up to 90%
Up to 100%, in draws
As fast as 10 days
Yes, though expect a lower loan-to-cost and a higher rate than an investor with several completed projects.
Most lenders offer extensions for a fee. We build the exit and a contingency plan into the structure before you close.
An experienced investor buying a distressed property at auction with a 12-week renovation plan.
Closed in under two weeks, rehab funded in three draws, and the loan paid off at resale inside the term.
A homeowner who needed to buy the next home before listing the current one, in a market where contingent offers get rejected.
Made a non-contingent offer, moved once, and repaid the bridge from the sale proceeds of the old home.
Examples are illustrative composites of typical files, not offers of credit or guarantees of terms. Your actual options depend on your credit, income, property, and current market pricing.