HARD MONEY LENDER

  • QUICK CASH FOR REAL ESTATE DEALS!
  • NO INCOME CHECK

This is a great financing product that Khang Lending provides nationwide. It is a short-term financing and closing usually takes place in 2 – 14 days after we receive an appraisal report. This fund is designed for:

  • Rental Property (purchase, cast-out)
  • Commercial (purchase, cast-out)
  • Fix & Flip(100% REHAB cost)
  • Construction (bridge)

GENERAL FINANCING INFO:

  • Interest rate from 6%-10%
  • Lender fee: 2%-6% (Cheaper rate, higher fee, higher rate, cheaper fee, 12% total max for both rate & fee)
  • Term loan: 1 year (extension available)
  • Monthly interest payment only
  • No pre-payment penalty

A. RENTAL PROPERTY FINANCING:

  • Property type: SFH, Condo, townhouse, duplex, triplex, 1-4 multifamily
  • Purchase, cash-out financing
  • Loan amount from $50,000
  • Property value from $125,000 up
  • LTV up to 55%
  • Close in 2-5 days after receive appraisal report

B. COMMERCIAL PROPERTY FINANCING:

  • Property type: Office, Retail, Mixed Use,Hotels, Industrial, Land, 6+ multifamily, Special Purpose…
  • Purchase, cash-out financing
  • Loan amount from $200,000
  • Property value from $400,000
  • LTV up to 55%
  • Close in 7-14 days after receive appraisal report

C. FIX & FLIP FINANCING:

  • Property type: Residential, Commercial
  • Loan amount from $50,000
  • ARV up to 90% (Credit 650 & experience)
  • ARV up to 70% (No credit & no experience)
  • Or LTV up to 70&& 100% REHARB cost
  • Close in 2-5 days after receive appraisal report

D. CONSTRUCTION FINANCING:

  • Property type: Residential, Commercial, Land Development…
  • Loan amount from $100,000
  • ARV up to 70%
  • Close in 7 – 14 days after receive appraisal report

ARE YOU READY?

Please prepare and email us a copy of:

  1. Driver License
  2. Property address and price
  3. The last two months of your bank statements
  4. Fund proof
  5. Loan application (we will email you)
  6. We will have an offer in 24 hours

Please send the documents to Funding@KhangLending.com

We will give you a call when we receive everything we need to send you a quote.

For any other financing requests that are not listed here, we would like to discuss with you and will find a way to help.

We can be reached at (254) 292-9764, M-F, 9am – 4p.m.

KHANG LENDING