Special offer

Hot Money! The new 'Fast-Flip Pro' credit facility levels the field

Mortgage and Lending with Chris Martin Jr. Hard Money

Follow the money! It's my pleasure to introduce you to the hottest Hard Money trends and products.

During the past several years the focus of my practice has shifted from distressed property bailouts and buyouts (divorce, probate, partnerships) to urban infill re-development. Last year, fix and flip lending represented a significant amount of hard money lending, with volume not seen for a decade.

With hundreds of private lenders now offering Fix and flip financing, brokering loans for 1 - 4 units developers has evolved into a legimate service. It feels much like the subprime surge 2000-2006, when many new lenders appeared, all offering similar products, but with small underwriting differences which can make or break a deal.

Finding the best deals is a full time treasure hunt. As a Hard Money Loan Broker, I see a lot of fix and flip loan products- from more than 300 CA based lenders, and know Hot Money when I find it- my income depends on it.

This new program released TODAY is specifically designed for premium service, better rates, and fast close times. I feel it helps small companies compete against the large scale and cash rich flippers, effectively leveling the playing field.


➢ Reliable​: $5 million credit facility; one-time qualification 

➢ Fast Close​: Streamlined process allows us to close your loan in 5 business days 

➢ Dedicated: ​You will have a dedicated Experience Manager available and on call 

➢ Easy: ​ To submit an application just send us an address, purchase agreement, and scope of work for the property

➢ Transparent​: Final terms delivered within 1 business day of full submission   

Premium Service:  - Dedicated team  - No arduous forms to complete  - Term sheet in 1 business day  - Close in 5 business days   


Max Leverage: 

- 90% of purchase price 

- 75% of after repair value (ARV) w/ holdback 

- 70% of after repair value (ARV) w/o holdback 

- 100% of rehab costs (via holdback)   


Interest Rates: 

- 8.00% up to 75% LTV 

- 8.25% between 75-80% LTV

- 8.75% between 80-85% LTV 

- 9.50% between 85-90% LTV  

Fees & Pricing:  - No application fee 

- 2.50% origination points per loan avg. 

- $999 service fee at closing   


Loan Terms:  - Purchase and refinance 

- Minimum loan amount: $50,000  - Maximum loan amount: $1,000,000 

- 12-month term with no prepayment penalty 

- Personal guarantee required 

- Refinances must be within 6 months of acquisition   


Qualification:  - 10 completed flips in last 2 years  

- No derogatory public records within the last 24 months

- No felony convictions within the last 7 years 

- Liquid assets of at least $25,000 

- Minimum FICO of 660   

Eligible Borrowers:  - Corporations  - General Partnerships  - Limited Partnerships  - Limited Liability Companies  - Revocable Trusts   

Eligible Properties:  - SFRs  - Condos  - 2-4plex  - PUDs in CA, CO, CT, FL, GA, IL, MD, MI, MO, OH, SC, TN, TX, VA, WV, SC, and WA.  


EZ-DOC  Required documentation:  - Signed credit authorization form  - Most recent bank statement  - Schedule of Real Estate Owned / List of Past Projects  - Signed spousal consent (if guarantor is married/separated and living in a community property state)  - Entity documents  - Voided check (for ACH)    Property documentation (required for each loan):  - Property Address  - Purchase price  - Requested loan amount (purchase and rehab)  - Scope of work  - Executed purchase and sale agreement  - Hazard insurance contact information  - Title insurance contact information  - Escrow / closing agent contact information  - Property access instructions  - Property Pictures -- Exterior pictures required; Interior pictures recommeded.

Want more info? Please contact me;

CMJHardMoney@gmail.com or 858-999-6955


Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Looks like some interesting programs you have there, CHRIS MARTIN JR.  I hope you enjoy your time here on ActiveRain!

Apr 03, 2017 06:12 PM
Chris Martin Jr. Hard Money - La Jolla, CA
Hard Money, Fix and Flip, Distressed property

Thanks Paul, I appreciate your response and thanks for being the first person to respond to a blog for me, as this was my first, ever. I've gotta a pretty good bag of tricks! I closed loans in 14 states last year, all random hard money deals I placed with a variety of lenders. If there is appropriate leverage, there's a deal. Please let me know if I can be a resource.

Apr 03, 2017 06:19 PM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Welcome to ActiveRain! This is a great place to share information about financing options.

Apr 04, 2017 03:20 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi CHRIS MARTIN JR., Welcome to Active Rain and congrats on your first blog post. This is a great place to meet and interact with awesome professionals and thanks for the great information

Apr 04, 2017 05:46 AM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Chris welcome to ActiveRain and congratulations on posting your first blog on this site.

Apr 04, 2017 01:58 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Thanks Chris, good to have ready money out there getting things done.

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
All the best of success to you.

Apr 05, 2017 11:05 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Welcome to active rain. Good luck in achieving your goals on active rain 

Apr 17, 2017 05:42 AM