Real Estate Investors - Prime Funding Group

We simplify the process and have one product to partner with real estate investors. Our funds must be used for business purposes.

Private money (aka hard honey), simplified.

Process

Simplified • Timely • Common Sense

Product

11% / 2.25-2.5 points / 1 year Term
Close as soon as title is ready
No appraisals, no underwriting fees, no hidden fees
Simple draw / rehab process (no draw fee)
Ability to finance 100% of purchase, closing costs, and rehab
Quick Approvals – once we have info, we can give decision in 24-48 hours (a business day)
Click Here for more over info on the private lending hard money loan program

For approvals on a private lending deal, call or email Sam – 717-725-6197 skramer@pfginvestment.com

Info needed for approvals:

– Address

– Purchase Price, Rehab Est + breakdown / ARV

– How did you find the property? (wholesale, MLS, auction, ect.,)

– Plan (rehab and refi, rehab and flip, ect.,)

– Pictures (if the photos are not listed online)

Formulas

Payment

Loan amount × 0.11 (11% rate) = Interest per year
Interest per year ÷ 12 (months) = Monthly payment

Down Payment / Loan Amount

Purchase price + Closing costs + Agreed upon rehab = Total needed
Total needed – Required down payment (earnest money subtracted from required down) = Total loan amount

BRRR

PFG supports and assists in this method of investing

Purchase price + Closing costs + Rehab + Cash out of pocket = Cost basis
Appraised value × .8 = Max loan
Max loan – Cost basis = Cash required