Real estate financing
Put your property to work.
Tapping your home's equity, buying a rental, fixing and flipping, or building? Kevin connects you with Lexington Capital and helps put your application together.
Programs
Rental loans (DSCR)
Approval is based on the rent the property brings in, not your personal income. 30-year fixed or adjustable options, for short-term and long-term rentals. Built for growing a portfolio.
What it takes
- A credit score of 650 or higher
- 15% to 20% down
- Rent that covers the payment (a DSCR around 1.0 to 1.4 or more)
- An investment property
Fix and flip
Short-term financing to buy and renovate, with fast closings for distressed properties. Experience helps but isn't required.
What it takes
- A credit score of 650 or higher
- A scope of work and a rehab budget
Ground-up construction
Financing for the land and the build, released in draws as each phase is finished. A fit for new builds and small multifamily projects.
What it takes
- A credit score of 650 or higher
- Permits and a construction timeline
Bridge loans
Short-term financing with fast closings for time-sensitive deals, approved mainly on the property.
What it takes
- A credit score of 650 or higher
- Equity or assets to back the loan
Home equity line of credit (HELOC)
A revolving line against the equity in your home or an investment property. Draw what you need during the draw period, for repairs, paying off debt or your next deal.
What it takes
- A credit score of 650 or higher
- Available equity in the property
- Your home or an investment property
Cash-out refinance on an investment property
Replace the current mortgage on an investment property and take out equity to reinvest.
What it takes
- A credit score of 650 or higher
- An existing mortgage
- Enough equity (usually up to 70% to 80% of the value)
These are Lexington Capital's general guidelines and can change. Lexington reviews every deal on its own numbers.
How it works
Talk with Kevin
Call or text (848) 212-8787, or pick a time. Tell Kevin what the money is for and how much you need. If it isn't a fit, he'll tell you.
Get your paperwork ready
- Recent bank statements
- The property: address, purchase price or value, and the rent if it's a rental
- For a flip or a build: your scope of work, budget, permits and timeline
- Three-bureau credit report: every program needs one. You can get yours through IdentityIQ. Their $1 offer is a short trial that becomes a paid monthly membership unless you cancel, so check the price on their page and cancel if you don't want to keep it.
After you talk, Kevin will tell you how to send your documents. Please don't text bank statements or credit reports.
Kevin submits it to Lexington Capital
Kevin puts your application together and sends it in. Lexington Capital reviews it and makes the decision, and Kevin keeps you posted.
Straight talk
The truth: only the HELOC works on the home you live in. The other programs are for investment properties.
The truth: a HELOC uses your home as collateral. Borrow only what you can comfortably repay.
The truth: every deal should work on paper first. Kevin will ask about the numbers before anything is submitted.
Financing is provided by Lexington Capital, not by Kevin or Retire With Kevin. Kevin is a referral partner of Lexington Capital, not a lender, and may receive a referral fee. Lexington Capital reviews every application and makes all credit decisions. Not every applicant is approved, and terms depend on the lender and your situation.
Ten minutes. Real answers. No pressure.
Tell us what's on your mind, and Kevin will walk you through your options with real numbers.