Instant Financing for Short Term Rentals
Attention short term rental property owners! Get instant financing based on your current cash flow! Up to $2,000,000 in instant funds for qualified investors! Apply now!
Cash Flow Based Investor Financing
Apply today at https://themortgagecalculator.com
Our lender partner provides liquidity to professional real estate investors with low leverage, cash-flowing assets. They do this by leveraging the monthly cash flow of experienced rental investors’ entities to provide up-front capital, which you can then use to acquire new properties or improve existing properties.
USE CASES
- Pursuit and pre-dev costs
- Renovations & New Amenities
- Property Acquisition
- Working Capital
- Hiring & Company Growth
- Refinancing High Cost Debt
BENEFITS
- 7 Day Close
- Keep Your Equity
- No Origination Fees
- No Balloon Payments
- Flexible Capital
- Set Monthly Payments
- No Impact to Personal
- Credit or DTI
- Performance Based
- No liens on properties
- No trade lines on credits
WHO IS OUR LENDER PARTNER A FIT FOR?
- Real Estate investors with 3+ years experience managing or owning real estate
- We work with any capital stack including funds, syndications or partnerships
- Multifamily, long & short term rentals, self-storage, assisted living, student housing
- Operators who are cash flow positive with less than 75% portfolio-level LTV
- Operators with established business entities and business bank account
DEAL STRUCTURE
- Term Length: 1-5 years
- Min Deal Size: $100,000
- Max Advance Amount: $2,000,000*
- Annual Financing Fee: 10-18%
- Contract Type: Preferred Equity or Cash Flow
- Assignment PG and Lien on Entity (no lien on property)
- Pre-Payment and Deferred Payment Options
- 3+ Months of Payments Held in Cash Reserve
PROPERTY DOCUMENTS
- Most recent mortgage/debt statement(s)
- Mortgage note or closing documents
- Refinancing documentation from past two years
- Interest Rate Cap Agreements (if applicable)
- Required Permits (if applicable)
- Management Agreement(s) (if applicable)
- Lease Agreement(s) (if applicable)
- Most Recent Appraisal
Insurance Policy - Flood / Fire insurance policy (if applicable)
- Description of recent or upcoming CapEx expenses
- Rent Roll (multifamily)
SPONSOR REQUIREMENTS
- U.S. Based Business Entity
- 3+ Years Experience Owning/Operating Rentals
- 12+ Months Stabilized Net Cash Flow(Verifiable Historical Performance)
SPONSOR DOCUMENTS
- Government Issued ID
- Schedule of Real Estate Owned (for portfolios)
ENTITY DOCUMENTS
- 12 months Profit and Loss Statement(s)broken down by month
- Balance Sheet
- Executed Operating Agreement
- Articles of Incorporation
- EIN Letter
- Entity Level Org Chart (for multiple entities)
- Connect bank account(s) via secure online portal
funding options
CASH ADVANCE
- Quick access
- Use for renovations
- Hiring
- Business related expenses
- Cash flow or revenue assignmentagreement
Requirements
The lender requires a personal guarantee
and a lien on the entity.
Annualized Financing Fee *
12% +
PREF EQUITY
- Use for a down payment
- Quick access
- Use for renovations
- Business related expenses
- Operating agreement
Requirements
The lender requires a temporary membership stake in the entity until all payments have been satisfied. The lender does not participate in the upside, you make the same payment each month, regardless of performance.