1128 Capital Provides the Capital So You Can Build Your Lending Business
All loans remain on our balance sheet which means our business is not impacted by the vagaries of wall street
We fully respect the confidentiality of your relationships with your clients. Since 1128 Capital does not operate a direct lending platform you can be assured that your business is safe with us.
Fast and reliable financing options for a variety of real estate investment strategies
The range of real estate investment strategies run the gamut from buy-and-hold to fix-and-flip. There is no a “one-size-fits-all” financing solution to all strategies, which is why we offer a sensible range of financing solutions to meet the needs of a typical investor, using a common sense underwriting approach.
bridge loans
Short term financing to real estate investors looking to purchase or refinance rent-ready or rent-stabilized properties
Rehab loans
Short term financing to investors whose strategy is to make improvements the real estate they already own or is pending purchase
CONSTRUCTION Loan
Short term financing to investors looking to construct residential properties from the ground up. The investor might already own the land or plans to tear down all or a significant portion of an existing structure
DSCR rental loans
Up to five years of financing to investors of rent-stabilized properties. The loan amortizes over a 30-year period with a balloon payment after 5 years. Due to the extremely low pre-payment penalty, this is popular for investors looking for flexibility.
You Can Rely On Us
For Your Real Estate Lending and Funding Needs
We do not sell or securitize our loans, giving us control over the loan from inception to exit. The ability to interface with the ultimate decision-making body versus a generic institution is a benefit much appreciated by our lending partners.
We pride ourselves in funding construction draws within the same day of receiving a full draw package. Our lending partners appreciate the quick turnaround since this translates to happy and repeat customers for them.
We do not securitize or sell our loans in the secondary market. This allows us to fund consistently regardless of the ups and downs of the financial market.
TRANSPARENT UNDERWRITING
You have access to your pipeline 24/7, and our underwriter’s comments are made available to you on a real-time basis. The ability to synch up our views improves the speed of approving deals.
FAST CLOSING
Once a deal is approved, we can close as soon as all pre-closing conditions are met by all parties involved. This allows our lending partners to take control of the closing process.
SAME DAY CONSTRUCTION DRAW
Our lending partners enjoy the great reputation of funding draws quickly because we are set up to fund construction draws within hours of submission.