2. PRIVATE LENDING & HARD MONEY
The biggest problem facing real estate investors is where to find the money to fund their deals. Private Hard Money
Loans provides swift and reliable capital for real estate investors in all property types, with a funding solution for
investors of all experience levels.
We lend our own money and where we don’t, whether by size or location, we have relationships with institutional
and private money capital providers that lend nationwide.
Take a look at some of the info in this booklet and our many programs
available for rehabbers, renovation specialists, wholesalers and rental investors.
3. Keep in mind the three basic building blocks to funding an investor loan. You may have a smoking deal
at a great price, in a great area with potential profits through the roof. But, in addition to the property’s
deal specifics, your lender or JV partner will also look to these basic building blocks to decide how
much or even whether or not to fund. Have all three and you have a grand slam. Have one or two and
adjustments will be made with your LTV, rate and/or loan amount.
CASH, CREDIT OR EXPERIENCE
4. Your funding partner will look to see if you have cash as down payment, repairs or reserves. Most
private, hard money or bridge loans require that the investor have some sort of “skin in the game”. We
can fund up to 90% loan-to-cost, depending on the deal and how many building blocks the borrower
has. Don’t worry, if you have zero cash but have experience, we can fund on our 100% JV partner
program.
CASH
CASH, CREDIT OR EXPERIENCE
5. No matter what you may hear from gurus or online forums, most, if not all private and hard money
lenders will check credit to get an overall picture of the investor’s credit history. Most lender’s don’t
want to own the property, and will make sure they have a complete picture of their borrower before
funding a loan. Although many loans are without recourse, most of the loans in our programs require a
guarantee by the borrower. Most of our programs allow for a minimum of 580 credit score, with funding
getting easier in the 620+ range. If you have bad credit, expect to bring more cash to the table and a
slightly higher rate, as we adjust our loan amounts according to credit risk.
CASH, CREDIT OR EXPERIENCE
CREDIT
6. The final building block your funding partners will look at is how much rehab experience you have. The
more renovation and rehab experience you have, the better your LTV and rate will be. We look at
provable experience by how transactions within a 12 month period. But don’t worry if you’re just
starting out. We have excellent programs for new investors and advanced investors alike.
EXPERIENCE
CASH, CREDIT OR EXPERIENCE
7. FUNDING PROGRAMS
“Never count on making a good sale. Have the purchase price
be so attractive that even a mediocre sale gives good results.”
- Warren Buffett
8. ZERO EXPERIENCE™BRIDGE LOAN
PROPERTY TYPE:
SFR, 2-4 units, condos, townhomes,
PUDs
LOAN-TO-VALUE:
Up to 90% of purchase price, not to
exceed 80% of as-is value
TRANSACTION
TYPE:
Purchase or refinance REHAB HOLDBACK: Up to 100% of project cost
INTEREST RATES: As low as 7% LOAN TERM: 6 or 12 months
ORIGINATION
POINTS:
Not to exceed 4% RATE TYPE: Fixed rate, interest only
JUNK FEES:
None, legitimate 3rd party fees
charged at cost with no mark-ups
PREPAYMENT
PENALTY:
None
We call it the Zero Experience™ Loan because this program allow new rehabbers to get financing. Another
great feature of this program is that wholesalers can use their recently closed assignment deals as over-all
experience, allowing for better rates and a higher loan amount. This loan truly helps wholesaler become real
estate investors and rehabbers.
AVAILABLE IN ABOUT 40 STATES NATIONWIDE
9. PROPERTY TYPE: SFR, 2-4 units, condos, townhomes LOAN-TO-VALUE:
Up to 70% of ARV (after-repair-
value); 90% loan-to-cost
TRANSACTION
TYPE:
Purchase or cash-out refinance(at
50% ARV)
REHAB HOLDBACK: Up to 100% of project cost
INTEREST RATES: 10 - 12% LOAN TERM: 13 months
ORIGINATION
POINTS:
Not to exceed 4% RATE TYPE: Fixed rate, interest only
JUNK FEES: None, Appraisal $375 - $575
PREPAYMENT
PENALTY:
None
Easy to understand terms and underwriting. The 12 in 12 rehab loan is simple. Having done 12 or more rehab deals
in 12 mos. gets you the best pricing. Keep your price, repairs and fees under 70% of ARV. Only bring 10% to the
table as down payment. The minimum middle FICO on the 12n12 Rehab Program is 620 and this is a recourse loan
with 7 to 10 day closings.
AVAILABLE IN ABOUT 30 STATES NATIONWIDE
Like the Zero Experience Loan, this program is great for wholesalers who have captured a great deal and want to
take it down themselves instead of giving their profit away.
THE 12n12 REHAB LOAN
10. PROPERTY TYPE:
SFR, 2-4 units, condos,
townhomes
LOAN-TO-VALUE: Up to 75% LTV max
TRANSACTION TYPE: Purchase or refinance SEASONING:
2 months assets
12 months properties
INTEREST RATES: 6 - 9%
MIN/MAX LOAN
AMOUNT:
$45,000 min / No maximum
ORIGINATION
POINTS:
Not to exceed 4%
RATE TYPE AND
TERM:
Fixed rate, 30 year fully
amortized
JUNK FEES: None, Appraisal $375 - $575
PREPAYMENT
PENALTY:
Yes
Rental property investors and owner are on the rise. Before a couple of years ago, you had to go to your local
bank, or submit to Freddie and Fannie's tough investor qualifications to purchase or refinance a rental
property. We have a few different programs for rental properties. You need a slightly higher FICO at 630+
and some reserves in the bank.
AVAILABLE NATIONWIDE
These programs will allow up to 95% of your rental payment to go towards the property’s DTI.
THE RENTAL 30 LOAN
11. THE RENTAL PORTFOLIO LOAN
AVAILABLE NATIONWIDE
If you have 5 or more stabilized, fully rented properties, we offer you the ability to bundle them all together and
purchase or refinance with this “Leased Backed” loan. This is basically the Rental 30 program in portfolio form.
You need a FICO at 620+ and some reserves in the bank. These programs will allow up to 95% of your rental
payment to go towards the property’s DCSR, but the ratio must be at 1.25x.
For new rental investors we have an accumulation loan, where you can purchase one or more property at at time
with our Rental 30 financing. When you accumulate five or more properties within 12 months, we will convert
your portfolio into this “Leased Backed” portfolio loan.
12. AVAILABLE NATIONWIDE
RENTAL PORTFOLIO
PROPERTY TYPE:
SFR, 2-4 units, condos,
townhomes
LOAN-TO-VALUE: Up to 80% LTV max
TRANSACTION TYPE: Purchase or refinance SEASONING:
Min 3 months assets sourced and
seasoned
Leases seasoned & on 12 mo.
contracts.
INTEREST RATES: 5.75 - 10%
MIN/MAX LOAN
AMOUNT:
250k min / No maximum
ORIGINATION
POINTS:
Not to exceed 4%
RATE TYPE AND
TERM:
Fixed rate, 30 year fully amortized
JUNK FEES: None
PREPAYMENT
PENALTY:
Yes
THE RENTAL PORTFOLIO LOAN
13. Certainty of capital is the ultimate goal of all real estate investors. If you’re experienced and have a track
record, we make available our line of credit. These are revolving or non-revolving, giving you the ability to
purchase REO or foreclosure properties quickly and with minimal fuss....even on the courthouse steps.
Minimum FICO 620+
INVESTOR LINE OF CREDIT
AVAILABLE NATIONWIDE
We love doing these lines because they represent to us the fulfillment of an investor’s hard work. Do some
flips, build a solid track record and let’s get you into a line of credit to take down your pipeline of deals.
14. PROPERTY TYPE:
SFR, 2-4 units, condos,
townhomes
LOAN-TO-VALUE: Up to 80% LTC max
TRANSACTION TYPE: Purchase or refinance SEASONING:
Min. 3 mo. assets sourced and
seasoned
INTEREST RATES: 8 - 11%
MIN/MAX LOAN
AMOUNT:
$1m - $50m
ORIGINATION
POINTS:
Not to exceed 4%
RATE TYPE AND
TERM:
Fixed rate I/O – 12 -24 mos.
JUNK FEES: None
PREPAYMENT
PENALTY:
No
AVAILABLE NATIONWIDE
INVESTOR LINE OF CREDIT
INVESTOR LINE OF CREDIT
15. THE 75 – 90% JOINT VENTURE
We have a few investors willing to partner up here with rehab investors of all experience levels. Expect a 7-12%
preferred return and a 50/50 profit split after all the fees and expenses are paid. Expect 2-3 points in origination
fees to set this up.
THE 100% JOINT VENTURE
For our very experienced rehab investors, we offer a true zero down funding program. Expect to pay a 10-14%
preferred return and a 50/50 split. Origination fees are 2-3 points.
Sometimes placing debt on a property isn’t the answer and you’d like to joint-venture up with a money partner.
These programs bring full capitalization to your projects, quickly and easily paying a preferred return on the money
invested by both partners and splitting the profits. Usually 50/50. This program is available nationwide on SFR and
small multi-family properties under $1m. Time to close is usually 20-30 days, so no short fused deals here.
No minimum FICO scores on these deals, but be prepared to submit a real estate bios along with a track record
spreadsheet showing your deals for the last 24 months.
JOINT VENTURE PROGRAMS
16. Are you in the non-performing note business. Have you been a note broker or buyer, have some deals under your belt
and are looking for a solid source of money to take down your deals? This innovative term loan product is one of our
newest flagship programs and completely unique. Use our loan to purchase pools of non-performing notes.
NON-PERFORMING NOTE POOL FINANCING
Please submit investor Bio and track record spreadsheet along with breakdown of note pool you’re looking to
purchase. The upside is you will have a solid tool to leverage your note pool purchases and take your investing game
to the next level without relying on sourcing JV money from friends or family.
1-4 points – Collateral, location and investor
experience dependent
Floating Rate 9-11%
Term is 3 -5 yrs. Interest Only
JUDICIAL STATES: max 65% LTC or LTV (BPO)
NON-JUDICIAL STATES: max 75% LTC or LTV (BPO)
No minimum/$250m max
Five (5) note MINIMUM in pool required for funding
17. Done for you line of credit program offering to secure a minimum of $50k in business credit for you to use in your
deals. This money can be used for whatever you like, working capital, marketing, purchasing real estate, buying
notes, private lending etc.. Best of all, this is business credit with no effect on your personal credit reports. This is
a full 12-month business credit building program designed to get you access to much needed cash.
UNSECURED BUSINESS LINE OF CREDIT
We offer two different programs, one with a refundable upfront fee and a pay-as-you go program. This service is
supplied by a leader in this industry with excellent reviews by business people and real estate investor who have
successfully used this program.
PROGRAM #1 – Upfront Fee $3500 (Split payments
available) – Refundable if unsatisfied within 60 days.
No further payments to be made on the program.
PROGRAM #2 – Pay as you go. $1 upfront fee for
credit monitoring service. You pay 10-11% of the
amount of credit secured for you. Min FICO 720.
$50k - $250k in unsecured business credit lines within
30 – 90 days. 0% interest rate on lines for the first 12-
18 mos. Then lines generally at 8-10%.
12-Month counseling program to build business credit
included, with Dun and Bradstreet number, business
trade lines and business loans.
18. ABOUT
Mark A. Rios founded Trisource Capital, LLC as a discretionary capital
firm, supplying debt, mezzanine, preferred equity and other structured
financial products to commercial owner/operators in the lower middle
market and small balance space. Mr. Rios has an extensive background as
a real estate investor, CA licensed realtor and licensed mortgage
originator, since 2003.
W W W . TR IS O U R C EC AP ITAL . C O M
In early 2015 Mr. Rios founded Trisource Capital Investments to
purchase nonperforming and performing notes nationwide, acquiring and
trading one-off’s pools of single family, multi-family and commercial
whole loan product for the company’s own portfolio.
Private Hard Money Loan is an extension of Trisource Capital’s work in
the mortgage loan business, lending on non-owner occupied SFR homes
using money from Trisource Capital’s balance sheet, personal money and
acting as direct intermediary to institutional capital providers to place the
perfect loan with it’s perfect funding partner. TSC’s first $3m hard money
fund to be launched in mid to late 2017.
19. STEP 1 STEP 2 STEP 3 STEP 4
Borrower calls, emails or
submits a funding
request online at
PrivateHardMoney.Loan
We will price out your
deal and submit for a
preapproval within 24
hrs.
Borrower signs
LOI/Conditional
approval phase. Gathers
docs for underwriting
Funding and closing
occur within 30
days, depending on
program
STEP BY STEP TO FUNDING
