We loan money for the purchase, the repair costs, or both. We can include repair costs with the acquisition, as long as the loan-to-value (LTV) of the after-repair value (ARV) does not exceed 65%. Repair funds are based on the requested fund amount submitted in the Scope of Work. If you’re simply looking for repair cost money, we require a minimum loan amount of $25,000. We do require a Draw Request form to be filled out to identify the completed repairs to the property, along with copies of the invoices from the contractors. After work is inspected (typically within 24-48 hours), draws can be dispersed. Typically, repair work is not paid in advance.