We lend up to 100% of the purchase price and 100% of the rehab costs.
We lend up to 65% of the after repair value (ARV) of the property, which may cover up to 100% of both purchase price and rehab costs. For example, if the purchase price is $80,000 and the rehab costs are $60,000 (totaling $140,000), these costs would be fully covered if the ARV totaled $215,500 or more ($215,500 x 65% = $140,075). *Final numbers will depend on full application review.* Borrowers will always be responsible for their own closing costs and fees.
We lend on...
No appraisals... Your loan with us will be based on the home’s value after the planned repairs are complete. We finish our loan process once you sell or refinance the property.
- $40,000 minimum liquidity
- Minimum 680 credit score
- Loans up to 65% of the ARV of the property
- 12% interest and 3 points for 6 months (extensions available)
- No appraisal required
- We fund up to 100% of purchase and 100% of rehab (max 65% LTV)
- Borrowers to close in a limited liability company (LLC) w/ personal guaranty from all partners
Why choose GPC?
GPC is led by Brooke Gibson, an industry veteran who has transacted over $125 million in brokerage deals, representing more than 2.5 million square feet of commercial space. She also owns and manages a $3.5M+ portfolio of mobile home parks and residential properties.
25+ Years
Real Estate
Experience
Private
Private money, private company
$3.5M+
Real Estate
Owned / Operated
10 Years
Commercial Brokerage Experience
