QUALIFICATION FRAMEWORK

We underwrite the sponsor, the asset and the exit.

Hard money is not no-document money. Fast execution depends on prompt, accurate documentation and a transaction that remains defensible after diligence.

Business-purpose certification required

Every borrower must confirm that proceeds are for a business, commercial or investment purpose and not personal, family or household use.

Eligible borrower

Corporation, LLC, partnership or other approved business entity
Entity in good standing and authorized for the transaction
Identifiable principals and beneficial owners
Personal guaranties when required

Collateral and basis

Eligible non-owner-occupied or commercial real estate
Defensible purchase price and value
Acceptable lien position and title
Insurance and property condition appropriate to the risk

Execution capacity

Relevant experience or a qualified operating team
Documented equity and liquidity
Detailed scope, budget and contractor support
Realistic schedule with contingency

Repayment strategy

Market-supported sale plan
Credible refinance or permanent takeout
Stabilization plan supported by rents and expenses
Secondary protections appropriate to the transaction

INITIAL DOCUMENT CHECKLIST

Prepare the file before speed becomes critical.

Additional documentation may be required based on state, property type, amount, construction scope and capital source.

Executed purchase contract or payoff statement
Formation documents and good-standing evidence
Operating agreement, bylaws or partnership agreement
Borrowing and guaranty resolutions
Government identification for principals
Schedule of real estate owned

Renovation scope and contractor budget
Entity and guarantor liquidity evidence
Insurance contact and proposed coverage
Rent roll, leases and operating statements when applicable
Exit strategy and supporting takeout assumptions
Title, survey and third-party reports as requested

COMMON EXECUTION RISKS

Issues that can slow or stop a transaction.

Unclear business purpose
Personal, household or owner-occupied use is outside this website's scope.

Unsupported value
Projected value must be supported by market evidence and a feasible scope.

Incomplete entity authority
Ownership, signing authority and beneficial owners must be documented.

Insufficient liquidity
Equity, closing costs, contingency and carry must be credible.

Unrealistic timeline
Permits, title, construction and resale often take longer than projected.

Unverifiable exit
A refinance or sale assumption must align with market and underwriting reality.