Investment Property Line of Credit
Business line of credit for investment properties.
Line of Credit
Interest only line of credit for $3,000,000 – $50,000,000.
Curlee Capital’s investor line of credit is the ideal product for quick residential transactions. We offer competitive rates in Texas, Tennessee, Florida, Georgia, South Carolina, North Carolina, and more!
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| Loan Term | Details |
|---|---|
| Line Amount | $3,000,000 – $50,000,000 |
| Initial Acquisition | Lesser of 80% LTC or 75% LTV |
| Rehab Max per Project | 100% up until the lesser of 80% LTC or 65% ARV |
| Interest Rate | 9.00%-11.00% |
| Payment | Monthly Interest Only |
| Revolving | Yes |
| Line Term | 18 months or 21 Months (1 year to utilize) |
| Repayment (per draw) | Earlier of 9 months or 12 months and line maturity |
| Prepayment Penalty | No |
| Property Type | Residential and multifamily |
| Min Property Value | $50,000/asset |
| Draw Fee | 1.5%-2% |
