Often referred to as Hard Money Loans these programs are designed for value add investors. Whether you are a Fix & Flip or Fix & Hold (BRRRR) Investor these loans allow you to scale your business quickly. Rather than your personal income these programs rely on FICO, liquidity, experience, and the loan-to-cost (LTC) vs. after-repair-value (ARV) of the subject property. These loans are designed to flip or brrrr so there is no prepayment penalty allowing you to sell or refi at any time. We’ve have used these to help many all cash investors begin working on many more deals at one time based on being able to obtain high leverage. (as high as 90% LTC).