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Welcome to iFundRE.net
Not every borrower fits a conventional profile, iFundRE.net is a Funding Source that provides Real Estate Loans as quick and easy as possible to borrowers with both perfect and less than perfect credit, even hard money loans! We have full doc, lite doc, 12 month bank statement & stated income loans. All credit considered! Even past Bankruptcy and Foreclosures are OK on some of our loan programs!
iFundRE.net’s team looks to design a loan that meets all of your Commercial & Residential Loan needs. For Purchase, Refinance, Construction/Rehab, Development or simply Cash Out.
We offer Competitive Interest Rates all with NO upfront Fees. Choose from Short Term or long term loans. Some loans are based on equity in the property & ability to make payments, not based on FICO score alone!
Loan Programs Available
We have loan options available for the purchase & entitlement of raw land including all soft costs. If your a strong borrower then expect the best rates and terms.
But even with little cash, if it’s a great project located in a progressive major metro area with strong market demand, then we have a special program allowing funding up to 60-65% of future value and up to 100% loan to costs. You would need a sure exit strategy, experience as a successful developer and/or a good team of professionals on your side and be willing to share a set % of the increase in land value. We prefer to set these up with as a per-agreed amount as an exit fee (with other traditional loan fees) so you know exactly what all your costs will be which you can anticipate will come in around 25% “all inclusive” annual cost of funds. We impound all fees, costs and interest taxes & insurance into our loan offering amount. Terms on these can run from 6-24 months and we prefer project sizes from $5-35M. We will look at smaller and slightly larger deals so maybe call it in first or send a vary brief overview with request for level of interest.
Occasionally we look at true Equity Share & Joint Venture funding on a case by case basis depending on risk and all other factors.
Please submit a brief overview or exec summary of your project for a quick review. If after review and a few conference calls, if we like the project, we will issue an email with our terms and if acceptable to you, we will issue a written term sheet. This could be a quick as 1 week time frame if your data is organized & accurate! Larger projects may require site visit before funding. No upfront fees to us, only 3rd party fees such as appraisals, credit and background checks etc.
Contact us for a free consultation to learn more.