COGO CAPITAL HARD MONEY 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:

*Higher credit scores (680+), and down payment (20% or more) trumps 3,4 and 5.

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

Choose the state where the property is located:

Choose the county 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.

Why 1-4 Units?

This is important. When you invest within these parameters, you can attract a larger segment of the market, including FHA buyers. This increases your ability to appeal to more people in more demographics.

Why price your home at or below FHA requirements?

FHA loans bring home ownership into reach for first-time home buyers who might have a hard time getting approved with conventional lenders. This increases your ability to sell your property faster and broadens your ability to attract more potential buyers.

Why a smaller home with no more than 5 bedrooms and 3 baths?

Millennials and Boomers are the two segments expected to dominate the market in the next five years. Both of these segments are looking at smaller homes: Millennials because they’re just starting out; Boomers because they’re downsizing. Candace Taylor of The Wall Street Journal wrote, “These days, buyers of all ages eschew the large, ornate houses… in favor of smaller, more modern-looking alternatives.”

Why less than 1/2 acre?

Both Boomers and Millennials are looking for less upkeep: Boomers because they’re getting older and Millennials because they’re just starting out. More acreage also means more expense.

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

PROOF OF FUNDS

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Easy To Generate

Close Deals Faster

$25,000 To $5,000,000

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FIX AND FLIP

Non-Owner Occupied Single Family Residential (1-4 Units)

Investment Purpose: Acquisition, Cash-Out, Refinance, Rehab

90% Purchase – Up to 100% of Rehab (90% LTC) – Not To Exceed 75% of After Repair Value. Refinances up to 65% Loan to Value.

Rates: 8%-15%

Term: 6-24 Months

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HARD MONEY LOANS

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Lenders Look At The Deal, Not You

Fund Deals When Banks Say No

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