We focus on NC & VA workforce housing in secondary and tertiary markets, with ideal projects built around clean, well-scoped rehab and DSCR-ready rental exits. We typically lend up to 85% of total project cost—acquisition plus rehab—with 6, 9, and 12-month options so you can move fast on the right deals.
Photo-first verification and micro-draws keep crews paid without waiting on field inspections.
Once the property is listed or under contract the loan converts to a 60-day bridge at 10.49% with no new points—just a $495 transition doc fee. One 30-day extension is available at 0.25% TLA.
Free 30-day extension available if permitting or weather delays occur outside your control.
Portal-based draw tracking, automated reminders, and transparent communication keep everyone synced.
Successful exits trigger pre-approval for the next acquisition and lower pricing tiers. Strong track records get cheaper capital, faster approvals, and priority access.
Our underwriting is designed around realistic DSCR takeouts, not speculative ARVs. We love projects where a clean rehab turns into a long-term rental with strong debt service coverage.
We specialize in North Carolina and Virginia secondary and tertiary markets like Rocky Mount, Wilson, Goldsboro, Petersburg, Hopewell, and Danville—where clean, well-scoped rehabs and solid rental demand make DSCR exits realistic.
1.5–3.5 points. $1,495 flat lender fee covers docs, underwriting, title coordination, and standard recording—no separate wire or valuation fees.*
Submit a property, scope, and budget. We’re most competitive on NC & VA deals with clean, well-scoped rehab in strong rental areas, and we’ll respond within hours with terms tailored to your plan.
*The $1,495 lender fee covers all lender-related and standard attorney settlement costs, including document preparation, underwriting, coordination, title search/exam, recording, and desk valuation. This flat fee excludes: (a) the lender’s title insurance premium, (b) any extraordinary title curative or HOA/municipal payoff work requested by closing counsel, and (c) government transfer taxes where applicable.