Investor Pro Lending Group Has The Option That Works Best or

 A hard money loan is a short-term loan that uses real estate as collateral to secure the loan. They are also known as bridge loans and are often used in real estate transactions.  Hard money loans are typically issued by private lenders or investor groups, rather than banks 

 This is the estimated value of a property after all necessary repairs and renovations have been completed 

 The LTV ratio is the amount of the mortgage loan compared to the appraised value of the home. A lower LTV ratio is generally better, as it means the borrower is less likely to owe more than the home is worth if the home's value decreases. 

 This ratio compares the financing amount of a commercial real estate project to its cost. It is calculated by dividing the loan amount by the total construction cost.  LTC is different from the loan-to-value (LTV) ratio, which compares the loan amount to the expected market value of the completed project. LTC doesn't use the value of the property because it may be difficult for a lender to assess the risk based on a potentially inaccurate future value 

For property that is a stand alone detached structure that is usually on its own lot with a yard and garage, which is rented out to tenants for the purpose of tenant dwelling and landlord profit. 

Also known as an Investor Cash Flow loan, is a non qualified mortgage loan that allows you to qualify for a home loan without relying on personal income. DSCR loans are perfect for real estate investors who can secure a real estate loan based on their rental property’s cash flow, not their income tax returns or other financial paperwork.

 These are formal requests made by a borrower to a lender for the disbursement of funds from a construction loan during the construction process. They are typically submitted at specific stages of a project and require documentation to verify that certain milestones have been met