Questions? We have answers.
1. What Services Does D2 Capital Inc. Offer?
We offer a range of services tailored to meet your real estate investment needs. Our offerings include Fix & Flip, Buy & Hold, Refinance, Commercial, New Construction, and Private Money Loans. We also provide Proof of Funds Letters, Collateral DNA Reports, Debt Stack Reports, and have high-equity off-market property leads available, so you are not competing with other investors in your area.
2. What are the benefits of private money lending?
Benefits include quicker access to capital, flexibility in loan terms, no minimum credit score requirements, and the ability to secure financing for properties that may not meet traditional lending criteria.
3. Are you a Lender or a Broker, and are there fees or commissions involved?
We are both a lender and a broker. If, for any reason, we can’t provide the funding you need, we have a large network of other lenders we work closely with, and we can broker the funds to you. We prioritize providing options to the investors we work with, ensuring you receive the best rates and the quickest closings available. If you’re in need of 100% funding, we also have split equity opportunities available to cover your purchase, rehab, and closing costs. Regardless of the loan type, there is always a 3% broker fee, which is standard in the industry.
4. How do you decide the amount to lend?
It is based on the asset you have under contract. Generally, we lend up to 90% of the purchase price and 100% of the rehab cost. Ask us how you can get up to 100%.
5. I need 100% financing. Can you do that?
Yes, when joint venturing with us, we can provide up to 100% financing.
6. What Does True 100% Funding Mean?
We will lend up to 100% towards your purchase, rehab, and closing costs, up to 70% of the ARV, when a joint venture is established between D2 Capital Inc. and the borrower.
7. How long does it take to close a transaction from start to finish?
About 14 days after we receive all required documentation, but gathering all documentation can take three to four weeks. The key factor is how quickly you and your team supply all necessary supporting documents. We can do our part in roughly 14 business days, but investors seeking funding rarely submit the documents quickly enough to meet that timeline. Aim for 30 days whenever possible.
Remember: If timing is a critical factor in your deal, you likely have competition, and competition rarely leads to the best deals. Bring your deal in to discuss it with us.
8. What Does FHA Cap Mean?
The FHA Cap represents the maximum loan amount in the county where the investment property is located. To find the FHA Cap in the county where your investment property is located, click on the link below:
FHA Mortgage Limits (hud.gov)
9. What Does ARV Mean?
ARV stands for After-Repair Value. It is the estimated value of a property after renovations are completed.
10. What Does Asset-Based Lending Mean?
Asset-based lending is a type of loan where the lending decision is primarily based on the value of the real estate property under contract rather than the borrower’s creditworthiness. While a borrower’s ability to repay the loan is considered, the approval decision and loan-to-value ratio primarily depend on the value of the property.
11. What are your Loan Terms?
- Loan Amounts: D2 Capital Inc. provides funding from $30,000 up to the FHA Cap in the county where the property is located. We can also offer additional funding solutions depending on the property under contract and the type of loan needed.
- Interest Rates: Rates start at 7% annualized interest with an origination fee ranging from 0-3%, and there are no prepayment penalties. (Rates are based on credit score, but credit score does NOT determine loan approval.)
- Loan Term:
- Fix & Flip: 6 Months to 2 Years
- Buy & Hold / Refinance: 30 Years
- Loan Approval Policy: One loan approved per applicant until a proven track record is established.
12. Do I need an appraisal, and how much will it cost?
Yes, D2 Capital Inc. requires an appraisal before closing. The cost varies but generally falls between $400 and $700, depending on the property location.
13. Is a Licensed & Bonded Contractor bid required?
In most cases, we require a licensed and insured itemized contractor bid before processing the loan.
14. Is my information kept confidential?
ABSOLUTELY 100%! Your privacy is of the utmost importance to us. Any information you provide is completely confidential. If you want to work with a reliable, reputable company that will treat you with professionalism, understanding, and respect – YOU HAVE COME TO THE RIGHT PLACE!
I still have questions!
If you have any additional questions or need further clarification, feel free to reach out. We’re here to help you succeed in your real estate investment journey!