Our specialty is helping mortgage brokers, realtors, and investors purchase or refinance non-owner occupied residential properties. So if you’re looking for a respected lender that offers streamlined services, quick closings, and aggressive rates, you’re in the right place.
What is a Capital Lending Solutions LLC Fix & Flip / Bridge Loan? It is a short-term loan used to acquire an investment property quickly. Generally this financing is used until permanent financing is found, the home is re-sold, or it is rehabilitated and then re-sold.
Next-Financing Fix & Flip / Bridge Loans can provide the cash you need to grow your real estate portfolio. Benefits include:
At Capital Lending Solutions LLC, you get flexibility and speed, not red tape and committees. Bottom line: If your strategy is sound and your property has potential, we’ll find a way to make your loan work—without the drama and without the run around.
For investors that are considering offers on properties, find out the loan amount and rate you can receive on Fix & Flip / Bridge Loans with Capital Lending Solutions LLC.
Q: What type of properties are eligible for Fix & Flip / Bridge Loans offered by Capital Lending Solutions LLC?
A: The following property types are eligible for our fix and flip / Bridge Loans:
Q: What type of Fix & Flip / Bridge Loans are offered by Capital Lending Solutions LLC?
A: Next-Financing offers Fix & Flip / Bridge Loan rates between 6.99%-12.99%. All rates are based on the individual property and borrower. Contact us to learn more. Sales@Next-Financing.com or 800-605-1821.
Q: What are the minimum and maximum loan amounts for Fix & Flip Loans offered by Capital Lending Solutions LLC?
A: Next-Financing Fix & Flip loans have a minimum loan amount of $75,000* and a maximum loan amount up to $5 Million (Exceptions Granted).
Q: Do you lend on construction or repairs?
A: Yes, Next-Financing specializes in providing Fix & Flip / Bridge Loans that include both the purchase and repair costs as part of the loan.
Q: What States does Capital Lending Solutions LLC offer it’s Fix & Flip / Bridge Loan Products?
A: Capital Lending Solutions LLC provides lending in all 50 States.
Q: What is the minimum FICO Score for Capital Lending Solutions LLC's Fix & Flip / Bridge Loans?
A: Next-Financing’s Fix & Flip / Bridge Loan has no minimum FICO requirements.
Q: What type of documentation is required for Capital Lending Solutions LLC's Fix & Flip Loans?
A: We look at things very differently than a bank and rely mostly on your real estate experience and other common sense factors when making decisions.
Capital Lending Solutions LLC will ask for the following documents for Fix & Flip / Bridge Loans.
Q: Do you lend to Companies or LLC’s?
A: Yes, we lend to individuals, corporations or LLC’s.
Q: Does Capital Lending Solutions LLC lend to people from other Countries?
A: Our Fix & Flip loans are available to the following borrowers:
Q: Can I receive financing for a residence I’m looking to live in permanently?
A: No. Next-Financing provides commercial only loans that are non-owner occupied (investment) properties.
Q: Is there a Prepayment Penalty?
A: No, there is no Prepayment Penalty on our Fix & Flip / Bridge Loans.
Buy and Hold
Real Estate Investor - Rental Loan
30 Year Fixed Rate Rental Loans
Single Family Residence
Up to 2-4 Unit Rentals
Close in Just a Couple Weeks
Starting at 6.49%
3.5 and 7 Year ARM's Starting at 5.89%
Our Rental Loan product provides our customers a reliable source of financing through a simple and efficient online loan process. Our 30-year fixed-rate rental loan product was designed to help savvy investors capitalize on the rapidly growing rental market. With attractive rates and up to 80% loan-to-value (LTV) on fixed-rate loans, these loans are a great way to get cash out from your existing rental properties. Our Rental Loans begin at $75K and up to $2 million with no personal income verification.
Capital Lending Solutions LLC's Asset-Based Loans can provide the cash you need to grow your rental portfolio.
Benefits include:
Purpose: Refinancing and Acquisition
Proceeds/Loan Amount: Starting at $75K to $2 Million
Rate Type: 30 Year Fixed and Interest-Only Option
Available ARM Terms: 3, 5 and 7 Years
LTV: Up to 80%
Amortization: 30 Years
Recourse: Recourse Options
Minimum Property Value: $60K to $2 Million
Property Types: Single-family detached, 2-4 unit residences, townhouse, 10 acres maximum, warrantable condos (non-warrantable condos not allowed).
Rental Loan FAQ’s
Q: What type of Rental Loan Rates are offered by Next-Financing?
A: Capital Lending Solutions LLC offers both fixed a 30-year rate starting at 6.35% and hybrid adjustable rate mortgage, 3/1, 5/1 and 7/1, starting at 5.75%. All rates are based on individual property and borrower. Call us too learn more 850-270-8943.
Q: What type of properties are eligible for Rental Loans offered by Capital Lending Solutions LLC?
A: The following property types are eligible for our Rental Loans:
Q: What are the minimum and maximum loan amounts for Rental Loans offered by Capital Lending Solutions LLC?
A: Next-Financing Rental Loans have a minimum loan amount of $75K and a maximum loan amount up to $2M. A borrower can have no more than $3M worth of loan amount and no more than 6 properties.
Q: What States does Next-Financing offer it’s Rental Loan Products?
A: Next-Financing provides Rental Loans in all States and District of Columbia except Alaska and South Dakota.
Q: What is the minimum FICO Score for Capital Lending Solutions LLC's Rental Loans?
A: Capital Lending Solutions LLC's Rental Loan FICO score minimum is 620. Tri-merged credit report is required for all personal guarantors and determined as follows:
Q: What type of documentation is required for Capital Lending Solutions LLC? Rental Loans?
A: Capital Lending Solutions LLC requires the following documentation from borrowers interested in our rental loans:
Other documents and/or materials may be requested based on the individual borrower’s circumstances and collateral.
Q: Who is eligible for our Rental Loans?
A: Our rental loans are available to the following borrowers:
Q: What is Debt Service Ratio Coverage?
A: Debt Service Coverage Ratio (DSCR) is a calculation that helps us determine if a rental investment is generating enough income to make its loan payment obligations.
DSCR is calculated by the following simple formula:
DSCR = Monthly Gross Income
PITIA*
*Principal, Interest, Taxes, Insurance and Association Fees.
Q: What are the cash out eligibility and restrictions?
A: The cash out eligibility and restrictions are the following:
Q: Does my Rental Property have to be leased before closing?
A: The following are the lease requirements:
Q: Can I live in one of my rental properties or rent it to a family member?
A: No. Capital Lending Solutions LLC provides commercial only loans that are non-owner occupied (investment) properties.
Q: Is there a Prepayment Penalty?
A: Prepayment Penalty conditions are as follow:
Our Fix & Rent Loan was designed specifically for investors who are looking to purchase a property, renovate it and keep it as a buy and hold investment. You’ll get the benefits of our interest only Fix & Flip Loan to finance your purchase and repairs and then the convenient option of rolling into our 30-Year rental loan. Best of all, when you apply for our Fix & Rent Loan, you’ll be eligible for discounts on your fees.*
Stated Income – Only Bank Statements Stated Income – Only Bank Statements
Rates as low as 6.99% Rates as low as 4.99%
12-48 months – interest only (with no prepayment penalty) 30-Year Fixed-Rate Rental Loan
Up to 90% of the purchase and rehab costs 3/1, 5/1 and 7/1 ARM Rental Loans
Up to 70% ARV Up to 80% LTV (minimum loan $50K)
Instant rate quote available No W-2s required
Closings in 10 days Closings in weeks not months
Loans from $50K to $5MM Single Family, 2-4 Unit Properties, Condos & Townhomes
For investors that are considering offers on properties, find out the loan amount and rate you can receive on fix and flip/rent loans with Next-Financing.
Call Today: 888-230-3632