From pre-approval to project completion, we have you covered.

STEP 1

Pre-Approval

Get pre-approved in advance so you’ll be ready to make an offer when the right deal comes along.

24-hour turnaround
Soft-pull credit check that won’t impact your credit
Pre-approval is valid for up to six months
Pre-approval letters can be provided to strengthen your offer

STEP 2

Find a Deal & We’ll Fund It

Close in as little as 7-10 days

Send us the purchase contract and rehab scope & budget form, then we’ll send you preliminary loan terms
We’ll order title and order the appraisal
Final loan terms will be sent upon receipt of ARV appraisal
You set the date & time for closing
We’ll be ready to close!

STEP 3

Complete the Rehab

Renovate the property and sell or re-fi to collect your profit
12-month loan terms provide plenty of time to finish the project
No prepayment penalty means you earn more the faster you go
Simple draws – submit pictures of completed work and draws are funded on the same day
Unforeseen issues are a part of RE investing. Our experienced team is here to help you every step of the way.

Qualification Requirements

There are three ways to get pre-qualified for a loan from Local Investments, LLC

Experience

A minimum of 2 completed flips in the prior 36 months where the investor was at least a 51% owner, managed the rehab, and the property was sold on MLS or refinanced into a rental. Investors should also have cash reserves sufficient for down payment, closing costs, working capital and some contingency funds.

Financial

For new investors that do not have experience, Local Investments, LLC offers a financial qualification which includes a combination of strong cash reserves, credit score and annual income.

Sponsor – Mentor

Don’t have the experience or financials to qualify? Find an investor who does, have them pre-qualify with Local Investments, LLC, and then partner with them.