BRRRR Method Lending Partner
Are you a BRRRR (Buy → Rehab → Rent → Refinance → Repeat) investor?
Easy Street Capital is an industry-leading private mortgage lender that offers best-in-class loans throughout the entirety of the BRRRR process. We offer top-of-the-line rehab loans through our EasyFix program featuring 48-hour closes, 85% LTCs, and no appraisals required!
When ready to refinance, stay in-house in a seamless process to cash-out and refinance into fixed-rate 30-year financing through our EasyRent program, recoup up to 100% of investment in as little as 3 months Easy Street Capital is the perfect partner to help you BRRRR from start to finish - and to keep growing your portfolio!
BRRRR METHOD RESOURCES
What to Do When Your Flip Won’t Sell
New To The BRRRR Method? – 7 Critical Tips Before You Start
BRRRR Spotlight: A Lending Partner All the Way Through
5 Misconceptions About the BRRRR Method of Real Estate Investing
The BRRRR Strategy Explained
Real estate investors use hard money primarily for speed, higher leverage, and greater flexibility. Borrowers use Easy Street Capital for the reasons mentioned previously but also because of our relationship focus and reliability - capital you can count on!
Easy Street Capital prides itself on reliability. Our borrowers know that the terms we issue up front are the same terms at funding. Easy Street Capital will review your application and provide you with a loan term sheet within 24 hours. No appraisal! No junk fees! Easy Street Capital is truly an asset based lender.
We lend nationwide except for AZ, MN, NV, NY, SD, ND, OR and UT.
No, Easy Street Capital is an asset-based lender. This means we lend on the value of the asset, rather than the creditworthiness of the borrower.
Interest rates range from 8.9%-10.9%, 2-3 points, and a $1495 document fee.
A “Point” is a fee on a loan that is incurred at the time of funding. A point is equivalent to 1% of the total loan amount.
This will vary based on the particular loan, but typically the borrower will have to put in a down payment of at least 10%.
Easy Street Capital determines Loan To Value (LTV) calculations based on our in-house valuation of the property. In most cases the max LTV is 70%.
Typically we do not have any prepayment penalties on Fix and Flip loans.
Easy Street Capital has full discretion which allows us to fund your loan in as little as 48 hours if all parties are prepared to close.
Yes. Every property we lend on is required to carry title and hazard insurance.
You can apply for a loan by filling out the 1-minute loan app.
You can put as little as 20% down and get a loan up to 80% of the price of the property. For multifamily properties (5-8 units) or mixed-use properties with commercial units, minimum cash down is 25%.
Yes – this is fully eligible for residential properties up to four units. We will use the market rent (as determined by the appraisal) to project cash flows for the property. Additionally, if planned to utilize the property as a short term or vacation rental, we can utilize projects from industry data providers to qualify the loan.
Yes, with no restrictions! We offer all of our programs to first-time investors and love to help people build their portfolio throughout their investing journey.
Yes – in fact we recommend borrowing through an LLC (however borrowing as an individual is OK in most states). We require a full guaranty for anyone who has more than 25% of ownership of the entity and allow up to four separate guarantors on each loan.
No – we do not use tax returns of income verification for qualification. We do not utilize a DTI (“Debt to Income”) ratio at all in our underwriting process.
Yes – we offer portfolio “blanket” loans with very similar terms to our normal parameters. We can lend on up to 20 properties in a single loan, and require a minimum DSCR of 1.20x and that the properties are all located in the same state.
No – we are a flexible lender that can work with borrowers with blemished credit history. Our median FICO minimum is 620, which allows the vast majority of potential borrowers to qualify with us. We have a limit of one bankruptcy, foreclosure or short sale within the past seven years and require that all delinquencies on the credit report be cured prior to closing our loans. You may have to pay a moderately higher rate, but we should be able to find a loan for every investor, even with credit flaws.
We calculate DSCR by taking monthly Projected Income (Rent or STR income) divided by your monthly payment – PITIA (principal, interest, tax escrow, insurance escrow and any HOA dues). No expenses besides taxes, insurance or HOA dues are considered in underwriting or qualification.
No – EasyRent is different than most lenders in that we will not take into account non-tax, insurance or HOA expenses so any other costs such as utilities, repairs & maintenance, management fees, cleaning fees or others will not be considered, even if the property has commercial units. This allows investors, particularly investors in 5-8 unit multifamily and mixed use properties, to qualify much easier and get access to low-rate 30-year fixed loans with EasyRent – a gamechanging product.
Yes, we lend on condos with loans consistent with our standard structure and rates. There are some limits on LTV and DSCR based on the characteristics of the condo structure, but are welcomed by Easy Street Capital.
Fast and Accurate
The Easy Street Capital team is phenomenal! Fast and accurate. I was always in the loop when it came to my loan. A-1 finance partners in my book. Thank you again.
Wesley J. | Nov 03, 2022
First Class Excellence in Customer Service
Zach Edelman and the team at Easy Street offered first class excellence in customer service, and truly lived up to their name for keeping the process easy and simple. In real estate investment we dread the tasks related to the lending partners and Zach and the team made it a seamless part of the process. A great partner to have!
Gavin B. | Nov 03, 2022
Smooth and Straightforward
Loved working with everyone, everything felt very smooth and straightforward.
Rubi S. | Oct 31, 2022
Simply amazing! Truly saved the day for us when another lender flaked at closing!
Tracy M. | Oct 31, 2022
Deal Saved and Funded in Two Days
The best hard money lender you can find. Almost lost out on a deal and Easy Street was able to fund in 2 days! I just completed my project and can’t wait to use them on the next one!
Justin C. | Oct 05, 2022
Excited to Work with Them Again!
Would highly recommend East Street Capital anytime. In TWO DAYS, they closed a deal of mine that was in limbo for over a month with a different lender. Incredible team and excited to work with them again!
Asa K. | Oct 05, 2022
Easy Street Values Relationships
Gray Cato and Tracey Autry are amazing people - they value the relationships and it shows. They have helped close some very messy deals and have put the needs of my clients above everything else!
Ronny V. | Sep 26, 2022
I wouldn’t go anywhere else to fund my deals.
Juan G. | Sep 21, 2022
Super Fast Responses
Thank you for making the process as easy as possible. Having everything automated is great, and the team is super fast at responses! Looking forward to many more loans in the future, and have recommended Easy Street to all REIs I know.
Tammy J. | Sep 19, 2022
Quick and Fast Service
Quick and fast service. Great customer service too!
Minh P. | Sep 09, 2022
Great People, Great Service
Great people, great service! Easy Street Capital is the best.
Nauj E. | Sep 08, 2022
Great work from a great team that really gets it.
Alex K. | Aug 31, 2022
Fast Close For a New Borrower
You guys are amazing!! The fast close is very much appreciated!
Karmen S. | Aug 19, 2022
These guys are the real deal!
I would give 6 stars if possible. They are not lenders, they are magicians. Joshua and his team tackled my deal to salvage a deal that was almost dead. These guys are the real deal!
Juan A. | Aug 17, 2022
One of the Best Lenders in the Business
You wanna talk about one of the best lenders in the business!! Easy Street Capital is definitely in that category. My agent was Zach Edelman, and he went above and beyond on helping me with my Investment Refi. Extremely competitive rates, even as the FED raised rates during our closing. Great lender all around.
Jermaine A. | Aug 09, 2022
Smooth and Pleasant Process
Very responsive and helpful staff. Quick turnaround time, and an overall smooth and pleasant process.
Herbert B. | Jun 16, 2022
Good Experience, Fast Closing
I have had a good experience with Easy Street Capital. I was able to close my deal quickly with very timely underwriting. The company should be able to close very quickly if you need a quick close. The rehab draws I requested were reviewed and issued very quicky also (basically next day on one). The communication and all processes of the loan have been simple throughout my time working with them.
Ross C. | Jun 08, 2022
Top Notch Service
Easy Street has funded our company on numerous occasions without any issues. Their rates are competitive but their level of service is top notch! They are our preferred hard money lender. I highly recommend working with Casey and the team at Easy Street.
Jace G. | Jun 08, 2022
Fantastic company, top-notch leadership and great customer service. Highly recommend Easy Street Capital.
Andrew N. | Jun 08, 2022
Less Red Tape
Easy Street is great for investors needing to close fast at competitive hard money rates. They have much less red tape to approve and the numbers make sense. This really made it possible for us to move fast and get the deal done.
Mirelle L. | Apr 19, 2022
Best in the Business
In a market that is full of hard money lenders, we made the best choice in using Easy Street. Closed my deal on time and they didn’t ask me to bring my “first born”. It was easy and it allowed me to start my business and keep more of my profit!!! Easy Street is the best in the business! Straight forward & easy!!
Mike N. | Apr 19, 2022
Easy Street was flexible enough to work around some extension issues due to some unseen hurdles in my house flip. Eternally grateful to Easy Street for making things as smooth as possible. Would definitely recommend them to anyone getting started in house flipping.
Angel C. | Apr 19, 2022
Easy to Work With
Easy Street has been very easy to work with. We appreciate the communication and quick responses. They really do understand that time is of the essence in real estate. The entire process was a breeze and we look forward to continue working with them!
Christopher D. | Apr 19, 2022
Saved the Day
Well done! When my initial lender asked for an extension 3 days before closing the Easy Street team stepped in and saved the day! I appreciate their ability to close quickly and get the deal done.
Brandon R. | Apr 19, 2022
Perfect for Flippers
Easy, efficient, and perfect for flippers! We love doing business with the company and are completing our third flip in 9 months! Thank you! Thank you! Looking forward to doing business on the next one.
Catherine C. | Apr 19, 2022
I have had a good experience with Easy Street Capital. I was able to close my deal quickly with very timely underwriting. The company should be able to close very quickly if you need a quick close. The rehab draws I requested were reviewed and issued quickly as well (basically next day or two). The communication and all processes of the loan have been simple throughout my time working with them.
Ross C. | Apr 19, 2022
I was able to obtain a loan from Easy Street to invest in purchasing a house in TX for fixing up & flipping. Easy Street is one of the best lenders I have dealt with and they are genuinely interested in assisting the investor to be successful with whatever your project is. I would highly recommend them to anyone who needs funds for investment in real estate.
Judson G. | Apr 19, 2022
Trustworthy and Honest
This was my first hard money loan, and Easy Street was the only place with a loan that met my needs. Easy Street worked quickly to put the deal together. Everything was as it was said it would be; I paid the agreed upon fees and interest and there were no surprises save a document fee at payoff. In a world where people are trying to scam you right and left, I was pleased and relieved that Easy Street was trustworthy and honest.
Michael H. | Apr 19, 2022
Take the next step in your investment journey with a trusted, reliable lender that has your best interest in mind. Get in touch or request a quote today.