SHORT TERM, FIX-AND-FLIP LOANS

Our current loan product is perfect for new investors, as well as the students that have gone through our education platform.  Typically referred to as the “Cogo Box” our core offering focuses on deals that meet (but do not exceed) the FHA cap.

However, many investors are looking for higher LTVs, lower rates, and less stringent requirements on things like baseline inspections, tax impounding, and licensed contractors.  For these reasons, we expanded our loan product line.

Our updated family of loan products better serves market expectations for investors new to Cogo lending platform.

THE NUMBERS TIER A TIER B TIER C
% Of Purchase 90 90 90
% Of Rehab 100 100 100
% Of Max ARV 75 70 65
% Of Max LTC 90 90 90
Experience 2 Deals/2 Yrs 2 Deals/2 Yrs 1st Timers Okay
Credit Score 720+ 660–719 No Minimum
Cashout 65% – no max (6 mo seasoning) 60% – 150K max (6 mo seasoning) 50% – 75K max (6 mo seasoning)
App Fee $197 $197 $197
FHA Cap Loan Amount Loan Amount ARV
Baseline Inspection No No Yes
Tax Returns No No Yes
Well/Septic No No Yes
Impound Next Yr Taxes No No Yes
Apply for a Short-Term Loan
Get a Prequalification Letter
Get a Proof of Funds Letter
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LENDING CRITERIA

The first part of every successful fix and flip is finding the right real estate property.  That’s why we’ve created this easy, 5-point guide to help you find the “sweet spot” deal, which can give you the best chance at making money in real estate, while safeguarding your investment.

At Cogo Capital we are only interested in funding projects that will give you the best opportunity at realizing success. Therefore our criteria is centered around these 5 points:

Cogo box details

What is the Federal Housing
Administration Loan Cap in Your Market?

Choose the state where the property is located:
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WHY THESE CRITERIA?

Homes above the FHA cap are statistically more likely to experience drastic fluctuations in value and can be more susceptible to local and overall market depreciation. Homes in the 5-point realm tend to be more resilient to these influences.

Cogo Capital’s slogan is “investing made simple.” This keeps it simple while giving you the best chance to make money in real estate!