Tailoring Funding Solutions to Your Specific Needs
Thank Funding understands that every real estate investment opportunity is unique.
Rather than offering one-size-fits-all solutions, we take the time to understand your specific needs, goals, and vision.
Our customized funding strategies are tailored exclusively for you.
Crafting a Financing Strategy for Investment Success
Our experienced team of private money brokers will sit down with you for a consultation.
During this meeting, we’ll discuss the details of your project – the property location, renovation plans, targeted tenant profile, and more.
This allows us to gain a thorough understanding of your investment thesis.
We’ll also want to learn about your experience level, risk tolerance, preferred holding period, and financial objectives.
Are you looking for short-term cash flow or long-term appreciation? How heavily leveraged do you want the deal to be?
With all of these factors in mind, we’ll craft a customized financing strategy.
This may involve securing private loans, utilizing seller financing, partnering with private investors, or a combination of options.
Our goal is to develop a solution that provides the capital needed while aligning with your personal preferences and goals.
Maximizing Your Return on Investment with Customized Solutions
A one-size-fits-all approach to funding often leaves returns on the table. By tailoring the structure to your specific needs, we aim to maximize your ROI potential.
For example, if cash flow is your top priority, we may seek out favorable terms like low or deferred interest in the early years.
If long-term growth is the focus, we could help secure patient capital with a graduated repayment schedule.
For fix-and-flip investors, we have relationships with short-term bridge lenders.
Their loan products are perfect for rehab projects since funding is only required for 6-12 months until sale.
This preserves capital for the next opportunity.
Real estate can also be a multi-generational family business. For these portfolios, we connect clients with family offices seeking legacy investment opportunities.
Terms are negotiated to prioritize income for family members while appreciating assets for future generations.
Case Study: An Out-of-State Investor’s Portfolio Expansion
One of our clients, we’ll call him Mark, owned rental properties in another state but wanted to grow his portfolio locally.
During our consultation, we learned he had 20+ years of experience and a preference for passive income over capital gains.
After reviewing potential properties, we identified a 12-unit apartment complex that met his criteria. However, the total investment exceeded Mark’s existing liquid capital.
Working with a private lender in our network, we structured a 75% loan-to-value bridge loan.
The 18-month term and 8% interest allowed Mark to rehab units as they became vacant. Cash flow from occupied units covered the monthly payments.
Two years later, Mark had renewed all 12 leases at market rates.
The property was reappraised 15% higher, qualifying him to refinance into a permanent 5/1 ARM at a lower rate.
He has since acquired two more properties using a similar customized financing approach.
By understanding his goals and constraints, we were able to craft a solution that enabled Mark’s portfolio expansion while minimizing risk.
Our tailored funding strategies empower clients to achieve their real estate investment goals.
Are You Ready to Discuss Your Project?
Are you seeking capital for your next real estate deal but unsure of the options available?
Our experienced team of private money brokers is ready to listen and strategize with you.
Contact us today to schedule a consultation. We’ll gain a thorough understanding of your vision and help determine the best path forward.
Whether you need $50,000 or $5 million, Thank Funding is equipped to craft a customized funding solution tailored exclusively to your needs.
FAQs
How long does the funding process take?
Timelines vary depending on the complexity of the deal, but the average funding process is 4-6 weeks after initial application.
Our extensive lender relationships help streamline underwriting for a quicker closing.
What types of properties are eligible for funding?
We provide capital solutions for a wide range of property types including multifamily, retail, office, industrial, hospitality, and more.
The asset must generate positive cash flow to qualify.
What are the typical terms for private financing?
Loan amounts range from $100,000 to $5 million. Terms are 5-10 years with interest-only payments of around 7-12%.
Loan-to-value usually tops out at 75%. Fees average 2-4 points. We work with lenders to customize terms according to your needs.
What is the application process like?
The process begins with a consultation where we discuss your project details and objectives. If a funding solution seems viable, we’ll have you complete a brief application.
We then submit to our network of lenders and work to obtain favorable term sheets. Closing usually takes 4-6 weeks after accepting the offer.
I hope this article and accompanying FAQ section provide a thorough overview of our customized funding solutions for real estate investors.
Please let me know if you have any other questions!
5. How long does it take to close on a private money loan?
Closing times for private money loans are typically much faster than traditional loans, often taking as little as a few weeks.