FTBPG

Real Estate Financing

Real Estate Financing Options

 

Fix & Flip 

Obtain Fast funding for the purchase and rehab of non owner occupied properties to quick turnaround fix and flip funds. Also known as hard money.  The Blueprint Group currently works with 50 short term lenders nationwide to provide funds for investors with solid projects. 

Basic loan criteria:

Term: 6 months +++, extensions available
Loan Amount: $15k to $2.5M, exceptions can be made for lower or higher amounts
Rates: starting at 6.99%
LTV: 75% to 90%
ARV: up to 75%
Property Types: Non - Owner Occupied 1-4’s, Condos, Multi family 5+ units, and mixed use properties.
FICO: None


New Construction

Ground-up construction loans for developers and investors. Lot financing can be included, if lots are in build-ready condition. Depending on location of your new construction project BizArchitects utilize a network of nationwide new construction private and public lenders. 

Basic loan criteria:

Term:12 months +++, extensions available
Loan Amount: $150k to $5M, exceptions can be made for lower or higher amounts
Rates: starting at 7.0%
LTV: 75% to 90%
ARV: up to 75%
Property Types: Non - Owner Occupied 1-4’s, Condos, Multi family 5+ units, and mixed use properties. Typically up to 20 units
FICO: None


Investor Mortgages 

BizArchitects work with a network of specialized private lenders for the purchase or refinance a single Investment property. These lenders are asset driven as they are portfolio lenders primarily. Meaning they want to fund solid, equity full deals. If your bank won’t fund your investment property we most likely have a funding source.

Basic loan criteria:

Term: 30 year amortization
Loan Amount: $75k to $5M, exceptions can be made for lower or higher amounts
Rates: starting at 7.0%
LTV: 80%
Property Types: Non - Owner Occupied 1-4’s, Condos, Multi family 5+ units, and mixed use properties, warehouses, self storage, and more
FICO: 620
 


Portfolio Loan 

Portfolio loans are designed to help long term investors unlock equity and get cash out of their existing rental investments. Consolidate multiple investment property mortgages into a single loan so you can continue to grow your portfolio.

Basic loan criteria:

Term: up to 30 year amortization
Loan Amount: $500k to $5M, exceptions can be made for lower or higher amounts
Rates: starting at 5.0%
LTV: 75%
Property Types: Non - Owner Occupied 1-4’s, Condos, Multi family 5+ units, and mixed use properties, warehouses, self storage, and more
FICO: 650