Rehab Loans for Investment Properties
For real estate investors looking to buy, renovate, and sell properties in Georgia, Coastal Capital Lending offers flexible and quick financing with our rehab loans for investment properties. Our loans provide investors with the capital needed to purchase properties. They also deliver financial flexibility to renovate and complete projects efficiently.
No matter if you’re an experienced investor or just starting out, our streamlined process and competitive terms will help you keep your projects on track.
About Our Georgia Rehab Loans for Investment Properties
Coastal Capital Lending specializes in hard money loans for real estate investors in Georgia. Our rehab loans for investment properties offer fast access to funding. They are based on the property’s potential rather than your credit score.
This makes our loans an ideal solution for investors who need capital quickly and with minimal paperwork. These loans focus on the property’s value and its potential after repairs (ARV). This makes it easier for investors to qualify without lengthy approval processes.
We offer up to 90% financing on the purchase price and 100% of the renovation costs. With loan terms of up to six months, you can focus on completing your project and making the most of your investment.
Benefits of Reliable Georgia Rehab Loans for Investment Properties
Georgia rehab loans for investors come with several advantages that can help stay competitive in the market. Here are some of the key benefits:
- Fast Access to Capital: These loans allow you to secure funding quickly and enable you to act fast when opportunities arise in the market.
- High Leverage: Our loans cover up to 90% of the property’s purchase price and 100% of the renovation costs. This reduces the amount of your own capital needed and gives you more room to invest in additional projects.
- No Prepayment Penalties: Many investor rehab loans come with no prepayment penalties. This way, you can pay off the loan early when the property is sold without worrying about extra fees.
- Interest-Only Payments: With interest-only payment terms, you keep your monthly payments lower during the renovation. This gives you more flexibility to allocate funds for the project.
- Asset-Based Lending: Instead of relying on your credit score, asset-based lending is based on the property’s value. This makes the loan process faster and easier for investors, even if their credit history isn’t perfect.
How It Works
Getting renovation loans for investors is easy and straightforward. Here’s the typical process:
- Application: Submit a loan application with details about the property you wish to purchase and your renovation plans. We’ll review the project and the potential value after repairs (ARV).
- Property Evaluation: After reviewing your application, we’ll conduct a property evaluation to determine its ARV. This will guide how much funding you are eligible to receive.
- Approval and Funding: Once your loan is approved, funds will be disbursed quickly. This allows you to start work on the project without delay.
- Renovation and Draw Requests: As you progress with the renovations, you can request draw funds to cover the costs.
- Repayment: Once your renovations are completed and the property is sold, the loan is repaid. You can pay off the loan early if no prepayment penalties are in place.
Why Choose Coastal Capital Lending?
- Local Expertise: Based in Charleston, SC, we understand the Georgia real estate market and present solutions tailored to local conditions.
- Fast Approvals: We make the approval process quick and easy, with funding available in as little as 72 hours after receiving a clear title.
- Flexible Terms: Our loans offer no prepayment penalties, interest-only payments, and borrower-friendly terms, allowing you to focus on your project.
- Transparent Pricing: We provide clear terms and upfront pricing so there are no surprises along the way.