Problem deals

Financing for deals other lenders won’t touch

Stalled construction, title issues, partnership disputes, or a lender that backed out days before closing. We know how to solve these, and we like the deals other lenders call weird, hard or ugly.

Who it’s for

  • Purchases at risk because another lender backed out late
  • Construction projects that stalled and need capital to finish
  • Properties with title issues that need a clear path to closing
  • Partnership disputes where one party needs to buy out another

What we look at

  • The real estate and its value today and when the problem is fixed
  • Your equity or down payment
  • What caused the problem and the plan to resolve it
  • How the loan gets repaid

Loans from $50,000 to $35 million. Rates generally 9% to 14%, with most loans priced 12% to 14%, and typically 3 to 4 points. Loan-to-value and overall risk drive the rate and points.

Where we lend

Residential investment property in Nevada, including Las Vegas, Henderson, Pahrump, Mesquite and Reno, and in Arizona. Commercial property in Nevada, Arizona and many other states.

Business-purpose loans on investment and commercial property only. We do not offer owner-occupied or personal loans.

What to have ready

  • Purchase contract, or the current loan balance for a refinance
  • Property details and current photos
  • Scope of work and budget for any rehab or construction
  • LLC or entity documents for the borrowing entity
  • Recent bank statements showing your down payment or reserves
  • A government-issued ID for each signer

How it works

  1. 1

    Tell us about the deal

    Apply online or call. Share the property, the amount you need and your plan.

  2. 2

    Get terms

    A local loan officer reviews the property, your equity or down payment and your exit, then walks you through terms.

  3. 3

    Close through escrow

    Sign your documents and close through a title and escrow company.

  4. 4

    Servicing

    Your loan is serviced by a bonded and insured servicing company that collects payments and handles payoff figures.

Common questions

Another lender backed out. Can you still close?

Often, yes. Call with the details as early as you can. When documentation is complete we have closed in under 24 hours.*

Will a title issue stop the deal?

Not always. We work with title and escrow to understand the issue and whether it can be cured or insured around before or at closing.

Do you lend on stalled construction?

Yes. We look at what is built, what it costs to finish, and the value when complete.

Have a problem deals deal?

Talk with a local loan officer today. Se habla español.