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Example: If the ARV of the property is $100,000.00 and the Repairs will cost $15,000.00, the most we would suggest you pay is $50,000.00 to $55,000.00.","@type":"Answer"}},{"name":"How much can I borrow?","@type":"Question","acceptedAnswer":{"text":"This again will vary some depending on the quality of the deal and your personal financial situation, but we will loan up to 70-75% of the After Repair Value (ARV) of the property. Take again the example above of a property worth $100,000.00 with $15,000.00 in repairs. We might loan as much as $55,000.00 towards the purchase of the house with an additional $15,000.00 held in escrow for you to repair the property.","@type":"Answer"}},{"name":"Will you also finance the repairs?","@type":"Question","acceptedAnswer":{"text":"Yes we will. We will reimburse you for repairs in typically three to five draws as work is completed.","@type":"Answer"}},{"name":"What are your credit requirements?","@type":"Question","acceptedAnswer":{"text":"We will look at your credit, however it is only one aspect of the approval process and we are much more concerned with the property itself and the amount of cash you have available to handle the project. 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