Rainy City Capital LLC offers hard money loans for fix and flip investors nationwide. They have been in business since 2009 and have funded more than 3,000 loans, totalling over $400 million. They work with investors of all experience levels. Rates start at 12% and they’ll lend up to 80% LTV. No reviews were found online at the time this article was written.
Lender Information
Business Name: | Rainy City Capital LLC |
Business Website: | raincitycapital.com |
Business Address: | 12131 113th Ave NE #201, Kirkland, WA 98034, USA |
Business Phone: | 425-434-9009 |
Business Email: | info@raincitycapital.com |
Business Established: | 2009 |
LinkedIn: | linkedin.com/company/rain-city-capital |
Facebook: | facebook.com/raincitycapital |
Twitter: | twitter.com/raincitycapital |
Rainy City Capital LLC Rates & Terms
Types of Properties | Commercial properties Non-owner occupied residential properties Land |
Loan Amount | No minimum/maximum indicated |
LTV | Up to 80% |
ARV | No info |
Interest Rates | Start at 12% |
Lender Fees | Origination fee: start at 2 points Processing fee: start at $450 |
Loan Terms | 5 months to 2 years |
Minimum Qualifications/Documentation | Non-owner occupied properties only Free from tax lien Cash liquidity available for down payment and interest payment |
Time to Funding | 2 weeks more or less |
Other Financing Available | Foreclosure Auction Escrow Cash Out Refinance Spec Construction Rehab Short Sale |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
States Currently Lending In
Washington, Oregon