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Grow your portfolio and seize other investing opportunities by leveraging the equity you have in your portfolio with fast access to a line of credit.
Access funds when you want to take advantage of investment opportunities.
An IREĀ Line is a revolving line of credit and borrowing against the line can be done multiple times.
You will work with a dedicated Relationship Manager who knows you and wants to help you grow.
ā New investment property
ā Purchase building for growth
ā Rehab to buy
ā Finance construction projects
ā Fix and Flip
ā Purchase multifamily units
ā Up to 65% Loan-to-Value
ā Debt-Service-Coverage-Ratio 1.25x
ā Minimum loan amount $100,000
ā Rates are prime-based
ā Minimum credit score 650
ā Closing costs and fees vary
ā Yearly review
Investment real estate financing allows you to use equity in commercial real estate you own to quickly access cash that can be used for business or portfolio growth.
This type of financing is appealing because it provides you with flexible capital to use for multiple projects. Depending on your situation, you can finance for either long or short-term needs.
You can borrow up to 65% Loan-to-Value on the equity in your property.ā
ā DISCLOSURES:
ā
All business credit, loans and lines subject to individual review and approval. Terms and conditions apply.
Rates are dependent upon credit history. Fees and closing costs vary based on project. If approved, Firstrust will require first lien position.
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