FAQ

RELM is a premier lending partner specializing in providing financing solutions to real estate investors. Our mission is to empower investors with the financial resources and expertise they need to succeed in the competitive real estate market. RELM is the ideal choice for:

1. Experienced Real Estate Investors: Seasoned investors seeking flexible financing options, competitive rates, and efficient processes to expand their real estate portfolios.
2. Fix-and-Flip Enthusiasts: Those looking to purchase, renovate, and sell properties quickly can benefit from RELM’s fix-and-flip loans, which cover both acquisition and renovation costs.
3. Rental Property Owners: Investors interested in long-term wealth building through rental properties can take advantage of RELM’s rental loans (DSCR loans) designed to optimize cash flow.
4. Bridge Loan Seekers: Individuals in need of short-term financing solutions to bridge the gap between transactions or capitalize on immediate opportunities.
5. Creative Financing Explorers: Investors looking for innovative financing options, including seller financing and other creative solutions, can partner with RELM to structure deals that align with their goals.
6. Real Estate Portfolio Managers: As your real estate portfolio grows, RELM offers rental portfolio loans, streamlining management and providing cost-effective financing solutions.

RELM is dedicated to transparency, customer education, and building long-term relationships with our clients. Whether you’re a novice investor or an industry expert, RELM is here to support your real estate investment journey.

Hard money is a specialized form of short-term financing primarily used in real estate investments. Unlike traditional loans from banks or credit unions, hard money loans are typically provided by private lenders or lending companies like RELM. Here’s how hard money can benefit real estate investors:

Speed and Accessibility: Hard money loans are known for their quick approval and funding processes. This speed is crucial for investors looking to seize time-sensitive opportunities, such as purchasing a distressed property, completing a fix-and-flip project, or acquiring a property at auction.

Flexible Qualification: Unlike traditional loans that heavily rely on the borrower’s credit history and financial background, hard money lenders primarily evaluate the value and potential of the investment property. This means that even if you have less-than-perfect credit or financial challenges, you may still qualify for a hard money loan.

Asset-Based Financing: Hard money loans are asset-based, with the property itself serving as collateral. This means that the loan’s approval is primarily based on the property’s current value and its potential for generating income. The property’s condition, location, and profit potential play a significant role in securing hard money financing.

Short Loan Terms: Hard money loans typically have shorter terms, often ranging from a few months to a few years. This aligns well with real estate investors’ strategies, especially those involved in fix-and-flip projects or seeking temporary financing while transitioning to long-term financing options.

Customized Solutions: Hard money lenders like RELM work closely with investors to tailor loan terms, interest rates, and repayment structures to match the specific needs of each investment. This level of customization ensures that your financing aligns with your investment goals.

Bridge to Traditional Financing: Hard money can serve as a bridge loan, allowing investors to secure properties and start projects while waiting for more conventional, long-term financing to become available or when dealing with credit or documentation challenges.

In summary, hard money is a versatile and valuable tool for real estate investors. Its speed, accessibility, flexibility, and asset-based nature make it an attractive choice for those looking to capitalize on real estate opportunities and grow their investment portfolios. If you’re ready to explore hard money financing, RELM is here to assist you every step of the way.

RELM offers a diverse range of loan products tailored to meet the unique needs of real estate investors. Our comprehensive suite of loan options includes:

1. Fix-and-Flip Loans: These short-term loans are designed for investors looking to purchase, renovate, and sell properties quickly. RELM provides funding to cover both the purchase price and renovation costs, helping investors maximize their returns.
2. Rental Loans (DSCR Loans): RELM’s rental loans are ideal for investors interested in acquiring and holding income-producing properties. With competitive rates and flexible terms, our rental loans are designed to help you build and manage a profitable rental property portfolio.
3. Bridge Loans: Bridge loans, also known as bridging loans, are short-term financing solutions used to bridge the gap between two transactions. They are often utilized when immediate capital is needed while waiting for long-term financing or a specific event to occur.
4. Seller Financing Solutions: RELM offers creative financing options, including seller financing as a second lien. This approach allows buyers to secure a property with a lower down payment by leveraging financing from the property seller, all while benefiting from RELM’s expertise in the first lien position.
5. Rental Portfolio Loans: As your real estate portfolio grows, our rental portfolio loans provide a streamlined way to manage multiple properties under a single umbrella. This cost-effective solution offers operational efficiencies and customized loan options for seasoned investors.

At RELM, we understand that real estate investment strategies vary, and that’s why we’re committed to providing a wide array of financing solutions. Whether you’re a fix-and-flip investor, a rental property owner, or seeking short-term bridge financing, RELM has the expertise and loan products to support your investment goals. Explore our loan options to find the perfect fit for your real estate investment strategy.

At RELM, we provide a range of financing solutions tailored to the needs of real estate investors.

Property Types We Currently Support:

Our financing options are available for the following property types:

• 1 to 4 Unit Properties
• Attached and Detached PUDs (Planned Unit Developments)
• Condos

Stay Tuned for More:

RELM is committed to growth and innovation. We are continuously expanding our offerings to better serve our clients. While we currently support the mentioned property types, we anticipate adding more property types and portfolio options in the near future.

What We Don’t Lend On:

At present, we do not provide financing for the following property categories:

• Mixed-Use Properties
• Commercial Properties
• Mobile Homes
• Rural Properties Zoned as Agricultural/Rural (with 4+ acres)

If you have questions about your specific property or portfolio, please reach out to our team for personalized assistance. We’re here to help you find the right financing solution for your real estate investment goals.

RELM is committed to serving real estate investors across the United States. As of now, we proudly offer our financing solutions in the following states and Washington D.C.:

• Alabama (AL)
• Arizona (AZ)
• Arkansas (AR)
• California (CA)
• Colorado (CO)
• Connecticut (CT)
• Florida (FL)
• Georgia (GA)
• Illinois (IL)
• Indiana (IN)
• Kansas (KS)
• Kentucky (KY)
• Massachusetts (MA)
• Maryland (MD)
• Michigan (MI)
• Minnesota (MN)
• Missouri (MO)
• North Carolina (NC)
• New Jersey (NJ)
• Nevada (NV)
• New York (NY)
• Ohio (OH)
• Oklahoma (OK)
• Oregon (OR)
• Pennsylvania (PA)
• South Carolina (SC)
• Tennessee (TN)
• Texas (TX)
• Virginia (VA)
• Washington (WA)
• Wisconsin (WI)
• West Virginia (WV)
• Washington D.C.

Expanding Our Reach:

We are dedicated to growing and reaching more markets. RELM is actively working on adding more states to our lending portfolio. If you don’t see your state listed, don’t hesitate to check back or contact us for updates on our expanding coverage. We look forward to helping investors nationwide achieve their real estate goals.

While many loan options in the real estate investment industry typically require applicants to have a business entity, RELM recognizes that investors have varying needs. We offer flexible loan options that cater to a diverse range of circumstances. While some of our loan programs may require a business entity, we also provide alternatives that do not necessitate this requirement.

At RELM, we understand that every investor’s situation is unique, and our goal is to provide financing solutions that align with your specific needs. Whether you operate as an individual or under a business entity, we have options designed to accommodate you. Our aim is to make real estate financing accessible and convenient for all types of investors.

At RELM, we prioritize transparency and efficiency in our lending process. As part of our commitment to providing you with the best possible experience, it’s important to note that all our loans do require an appraisal. However, we have implemented innovative solutions to streamline this process and help you save on appraisal fees.

We leverage cutting-edge technology, including desktop appraisal technology, for a significant portion of our loan appraisals. This approach allows us to efficiently assess property valuations without incurring additional fees. We understand the importance of keeping costs in check while ensuring the accuracy of property valuations.

Our goal is to provide you with a seamless and cost-effective experience when securing financing for your real estate investments. Rest assured that our appraisal process is designed to benefit you by combining modern technology with our commitment to excellence in lending.