When you invest with Best REI Funding, you’re investing in real estate mortgages that have been carefully analyzed and qualified by our expert team of professionals. Furthermore, every potential borrower is thoroughly scrutinized to verify that they meet our criteria as a qualified borrower.
When we find a qualified borrower and investment property, we find the best rates and terms for their needs. Then, we use the funds from our pool of investors to fund the purchase of the property with a maximum of 65% loan-to-value (LTV) based on the after-repair-value (ARV). This way in event that things don’t go as planned, there’s still a large cushion of 35% in equity to protect your investment.
If the borrower also receives funding for repairs, we will hold the funds in escrow until the borrower has met the necessary conditions to release the funds. Finally, once all renovations have been finished, the property is sold and then you get paid!