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LOANS
 

FIX & FLIP 

Financing: Up to 100% of Purchase Price & Rehab Cost

LTARV: Up to 75%

Origination Fee: 5%

Interest Rate: Starting at 13%

Term: 6 months

Prepayment Penalty:  None but we require a minimum of 3 interest payments

Minimum Loan Amount: None

TRANSACTIONAL FUNDING

Financing: Up to 100% of Purchase Price

LTV: Up to 80%

Origination Fee: 2% per month

Interest Rate: Starting at 1% (increases with the number of days required)

Term: 30 or 60 days

Prepayment Penalty: None but we require a minimum of 3 interest payments

Minimum Loan Amount: None

BRIDGE AND CONSTRUCTION

Financing: Up to 100% of Purchase Price & Construction Costs

LTARV: Up to 75%

Origination Fee: 5%

Interest Rate: Starting at 12%

Term: 6 months - extensions available up to 12 months max

Prepayment Penalty: None but we require a minimum of 3 interest payments

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Typical Deals

285 Lucy Ave, Memphis, TN 38106

Loan Type – Fix & Flip

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Acquired $95,000 – April 2023

Sold $340,000 – October 2023

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Funded $176,000

$95,000 purchase
$81,000 rehab

9206 Chastain Pl, Cordova, TN 38018

Loan Type – Transactional

 

Acquired $210,000 October 2023

Sold $250,000 October 20203

 

Funded $210,000 purchase

Contact

4728 Spottswood Ave,

Memphis, TN 38117

(901) 341-7521

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Exploring a new real estate investment with Ninety8 Capital's private lending is a flexible and speedy approach. By tapping into private loans, you get quick access to funds from individual investors, making it easier to seize unique investment opportunities that may not be available through regular channels. This alternative financing option adds versatility to your strategy, allowing you to diversify your portfolio effortlessly.

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