• Max Loan Amount: Just bring us your deal! No cap on the loan amount if the numbers make sense. Rest assured, we will help you get it done. Call us today for more details.
• Paradise10 lends from $30,000 up to the FHA Cap in the county where the property is located and can provide additional lending solutions based on the property you have under contract and the type of loan needed.
• Rates start at 7% annualized interest with an origination fee from 0-3%, and no prepayment penalties. (Rates are based on credit score but credit score does NOT determine loan approval.)
• Loan Term: 6 months to 2 years for a fix & flip. 30 years for a buy & hold.
• One loan approved per applicant until proven track record.

We are both a lender and a broker. If for any reason we can’t provide the funding you need, we have a large network of other lenders we work closely with and can broker the funds to you. We like providing options to the investors we work with, ensuring the best rates and quickest closings. If you need 100% funding, we also offer split equity opportunities to provide up to 100% funding for your purchase, rehab, and closing costs. Regardless of the loan type, there is always a 3% broker fee, which is standard in the industry.

Our funding is solely based on properties you already control via ownership or contract. We cannot provide cash in advance for auctions that require immediate payment. Since all loans are asset-based, we must have a lien as security on property you own.

Paradise10, in most cases, requires a licensed and insured itemized contractor bid before we can process the loan.

ARV stands for After-Repair Value. It is the estimated value of a property after completed renovations.

Yes. Ask a loan officer for more details. When joint venturing with us, we can indeed provide up to 100% financing.

Absolutely 100%! Your privacy is of the utmost importance to us. Any information you provide is completely confidential. If you want to work with a reliable, reputable company that will treat you with professionalism, understanding, and respect – YOU HAVE COME TO THE RIGHT PLACE!

Our current business model is to provide loans to real estate investors for non-owner-occupied real estate investments. If you need funding for a property you will occupy, inquire within, and we can connect you with one of our owner-occupied funding partners.

Paradise10 requires an appraisal before closing. Appraisal costs vary from a minimum of $400 to approximately $700 depending on property location.

It is based on the asset you have under contract. Generally, we lend up to 90% of the purchase price and 90% of the rehab cost. Ask a loan officer how you can get up to 100%.

About 7 days – after we receive all required documentation, but receiving all documentation can take three to four weeks. The key factor is the amount of time it takes you and your team to supply all the supporting documentation. We can do our part in roughly 7 business days, but investors seeking funding rarely get us the documents quickly enough and complete enough to meet that. Aim for 30 days whenever you can. Remember: If the amount of time needed to close is a factor, you probably have competition, and competition rarely translates into a good deal. Bring your deal in to discuss it with us.

If you have additional questions, you can reach out to us at [email protected] or call 850-640-3486.

Paradise10 is an asset-based lender. This means we look at the investment property you have under contract to make our decision on loan approval as well as how much we can lend on your real estate investment property.

The FHA Cap represents the maximum loan amount in the county where the investment property is located. To find the FHA Cap in the county where the investment property is located, click on the link below: FHA Mortgage Limits (hud.gov)

We will lend up to 100% toward your purchase, rehab, and closing costs when a joint venture is established between Paradise10 and the borrower, up to 70% of the ARV. The only out-of-pocket costs will be the loan application fee, the appraisal cost, and the first draw, which will be reimbursed on the second draw.