Short-Term Residential Real Estate Loans
Fix And Flip Hard Money Loans – Real Estate Bridge Loans
Single Family Fix And Flip Loans
SFR Fix & Flip Hard Money Loans
2 – 4 Unit Fix And Flip Loans
Duplex, Tri-Plex, and Quad-Plex Fix & Flip Hard Money Loans
Apartment Building Fix And Flip Loans
5+ Unit Apartment Building Fix & Flip Hard Money Loans
Rehab And Renovation Loans
Renovation Loans For Investors – Fix & Flip Rehab Financing
Residential Bridge Loans
Short Term Residential Real Estate Investment Loans
Short-Term Residential Real Estate Financing
About Glassridge Short-Term Residential Loans
Glassridge provides a variety of short-term residential loan options. From single family fix and flip loans, to apartment building fix and flips, to general rehab & renovation loans, to specialized residential bridge loans.
What all of these real estate investor loan options have in common is that they’re all short-term! Typically this means at most about 12 – 18 months.
We categorize our Short-Term Residential Loans in 2 ways:
- Property Type. We have Short-Term Residential Financing for Single Families, 2 – 4 Unit Multiplexes, and 5+ Unit Apartment Buildings.
- Are Rehab Funds Required? Some short term loans don’t have a rehab component, some are purely refi’s to pay for renovations.
Everything else about these loans will largely be determined on a case by case basis.
Our goal is to provide all the possible types of short-term residential real estate financing you require. If it’s a short-term loan on a Single Family, 2 – 4 Unit Multiplex, or 5+ Unit Apartment Building, we’re here to help you get the best investment loan possible.
Types Of Short-Term Residential* Financing
As mentioned above, we primarily categorize our short-term residential loans by 2 main factors: Property Type, and Rehab Funds. For a short-term loan that requires a rehab, we’d call that a Fix & Flip loan, for which we have 3 primary options.
By far the most popular type of financing we offer is our Single Family Residence (SFR) Fix & Flip loans.
Typically these loans will cover from 65% – 80% of your Purchase Price, and up to 100% of your Renovation Costs, with the latter being released in draws as the work is completed.
While many real estate investors focus on Single Family Residence (SFR) Fix & Flips, not everyone realizes it’s as easy – if not easier – to secure financing on 2 – 4 Unit Fix & Flip Loans.
Plus, the FHA & HUD consider a 2 – 4 Unit Multiplex in the same category as SFRs, meaning the loan market is competitive & will help you get better rates if/when you refinance into a long-term buy & hold loan.
Short term financing for acquiring & improving apartment buildings is a valuable commodity, and definitely not right for everyone. Apartment Building Fix & Flip Loans are one of our more specialized products, and require a qualified Borrower with the right track record & expertise to succeed.
If you qualify, a 12 – 18 month apartment building fix and flip loan can be used to acquire, renovate, rehab, raise rents, and boost occupancy in apartment buildings ranging from 5 – 500+ units, from $250k – $250m+.
Our Real Estate Investment Property Renovation Loans are a special type of refinancing that is uniquely geared toward funding renovations & improvements on a property you already own.
This is the perfect 6 – 12 month solution if you need to cash out equity to pay for renovations and improvements before you get the property rented & refinanced or sold. The main difference from a typical Fix & Flip loan is that our Rehab & Renovation loans assume you already own the property.
The most varied & flexible way to acquire short-term residential real estate investment financing is through Residential Bridge Loans.
At Glassridge, we define a Residential Bridge Loan is as any short-term financing option to “bridge” a gap between two financial events (eg: purchase & sale, purchase & refi, etc), or to overcome a cash shortfall (eg: cash out refi to pay closing costs on a new deal).
This Post Originally Appeared In...
How To Close Faster & Get Better Rates
By Marshall Hatfield, Glassridge CEO.
This article is part of a series on the Glassridge Blog revealing the entire Hard Money Borrower's Guide (an 80+ pg ebook & 150+ pg hard back), chapter by chapter, so that everyone can more freely access & share the information any place, any time.
The Hard Money Borrower's Guide includes basic intros to a wide variety of investment strategies, with a focus on creative real estate investment financing. In it you'll find brutally honest Pros & Cons for all your funding options, as well as a variety of insider's tricks, including...
What's Inside The Borrower's Guide?
✓ Basic real estate investing 101 tips, like when you should Fix & Flip vs. when it's better to Buy & Hold.
✓ The 5 main types of investment properties, and the strengths & vulnerabilities of each.
✓ "Should I diversify by investing in different property types?" An experienced Investor's no BS asessment.
✓ How to triple your cash-on-cash ROI using financing, and when you should NOT do it.
✓ The 4 types of real estate financing, and why you need to be using a combination of all four.
✓ Tools to maximize profit as a Borrower, including a behind-the-scenes look at how your Lender thinks.
✓ Passionless, factual, and thorough breakdown of bank loans vs. alternative financing.
✓ Beginner's overview of Private Hard Money Loans, including the unique 3 Hard Money LTVs.
✓ Outline of 10 specific scenarios when you need to use Hard Money, and how to make sure you get funded in each.
✓ The 7 keys to guarantee your loans close fast, and tips to accomplish them before your next real estate transaction.
✓ How real estate VIPs secure the best possible loan rates, and what you can do right now to start stealing their secrets.
✓ An exclusive special offer, reserved for those with their full-length copy of the Hard Money Borrower's Guide.
You can instantly download the entire 80+ page offline PDF version of the Hard Money Borrower's guide right now, for free.
Download the complete
Get instant access to the comprehensive benefits listed above, plus receive direct emails from the book's author, Glassridge CEO: Marshall Hatfield.
Rather View The Guide Online, Chapter by Chapter?
There is another option, if you'd prefer to piece the Hard Money Borrower's Guide together, chapter by chapter, by viewing it all online at Glassridge.com.
Over the last couple years, we've been sharing the Guide, one chapter at a time, on the Glassridge blog. If you'd prefer to view the chapters one by one, all through this website, you can also check out the 100% online:
Thanks for reading, and best of luck in your future real estate investments!