Get Started With Flex Lending
Our flex capital lending program provides versatile financing solutions designed to meet the unique needs of your real estate investments. With adaptable terms and quick access to capital, you can leverage opportunities as they arise. Whether expanding, renovating, or refinancing, our program gives you the flexibility to grow on your terms.
- Adaptable loan terms to suit your specific investment needs
- Quick access to capital for timely opportunities
- Financing available for expansion, renovation, or refinancing
- Flexible repayment options to align with your cash flow
- Expert support to customize solutions for your investment strategy
Seize real estate opportunities with ease with flexible capital.
Connect with Us
Contact one of our Loan Advisors to start the application and document collection process.
Get Funded
For Texas properties that need flexible loan solutions using an asset-based, “common sense” approach.
Program Overview
| Loan Amount | $250k – $2.5M |
| Loan Types: | Acquisitions, Refinances, Cash- Out Refinances, Value-Add, Bridge |
| Property Types | Multifamily, Mixed-Use, Office, Industrial, Self-Storage, Retail, Mobile Home Communities, Investment Residential |
| Max LTV | 70% (Up to 75% of stabilized value) |
| Rates | 12%+ |
| Term | 12-24 months with balloon payment due at maturity, six month extension available |
| Amortization | 20 years | I/O available with 2 year max |
| Lender Fee | 2-3 pts |
| Markets | Texas |
| Prepay Penalties | Case by Case Basis |
| Min FICO Score | 600 |
| Average Closing Time | 2 Weeks |
Industry Leading Lender
Propel Real Estate Capital and it’s affiliates have lent millions in asset based funding throughout Texas. We have the industry expertise to successfully manage and close your next project. Reach out today at (855) 202-3726.
Required Documentation
To help you get started these are some of the documents you may be required to present as part of the loan underwriting process. Other documentation may also be required.
PROPERTY DOCUMENTS
- Purchase Contract
- Payoff Statement (if Refinance)
- Plans & Permits
- Sources & Uses of Funds
- Scope of Work
- Appraisal & Feasibility Report
PERSONAL DOCUMENTS
- Loan Application (Download)
- Track Record (Download)
General Contract Resume - Last 3 Months of Bank Statements
- Driver’s License (Front & Back)
- Passport/Visa (if Foreign National)
BUSINESS DOCUMENTS
- Articles of Incorporation
- Operating Agreement (LLC) or Bylaws (Corp.)
- EIN Letter