Capital solutions designed for the speed of the Chicago market.
Short-term capital to acquire and renovate properties. Speed is the game here.
30-year fixed rate loans for landlords. Qualify based on the property's cash flow, not your tax returns.
We close in days, not months. In a competitive market like Logan Square or Berwyn, speed wins the deal.
We understand that a 2-flat in Bronzeville is different than a ranch in Schaumburg. We get the ARV right.
When we issue a term sheet, we fund. No last-minute surprises at the closing table.
Purchase: $200,000 in Avondale.
Rehab: $100,000 (Dormer addition + full cosmetic).
Loan: We fund $180k (90% of purchase) + $100k (100% of rehab).
Result: Investor brings ~$20k + closing costs to table. ARV $450k.
Refinance: Investor finished rehab on a 2-flat in Garfield Park.
Value: Appraised at $350k.
Loan: 75% LTV Cash-Out DSCR Loan ($262,500).
Result: Investor pulls out initial capital to buy the next deal, property cash flows $800/mo.