From pre-approval to closing, it’s never been easier.
Complete the online questionnaire.
Begin by answering some questions about yourself and your deal. Based upon this initial information, Right Place Capital Partners will determine if your property fits our investment parameter so that we can proceed.
Submit your project
Once we have had an initial call to determine our mutual interest in working together, you’ll pay the $200 application fee, which will kick start the funding process.
Complete your application
Next, you’ll start uploading your documents. We’ll need some personal items (like bank statements, a list of your past projects, tax returns, deal verification history etc.), but mainly documents relating to the property such as the purchase contract, hazard/flood insurance information, construction agreement (or estimate) with a licensed contractor, contractor’s deal history and escrow/title information.
Close your deal
Prior to closing, we may ask you a few questions about your loan file to ensure that this final step is as smooth and swift as possible, and we will want to see that appropriate insurance is in place to protect us both. Once you own the house you can begin construction, taking out draws as you go to cover your costs as renovation milestones are completed.
To “Get Funded”, here are a few things that you’ll need:
With Right Place Capital Partners, we make “hard money” easy.
No fax machines.
Upload all of your documents to the cloud using an online interface that we share with you. Just the click of a button (or the drag of your mouse).
No junk fees.
Our fees are few, reasonable and disclosed upfront.
The terms of your deal are set out quickly at the start in a term sheet, and you can always contact us by phone, text or email to answer any questions you have about your deal—before funding, during renovation and while marketing to the retail buyer. We are there with you at every step.
At Right Place, we get more deals done with “fewer, better” rehabbers with whom we develop “stronger, deeper” business relationships. If you are a “fewer, better”, then we should partner up!