Everything we get asked,
answered in one place.

We're a direct private lender. We make short-term, asset-based first mortgage bridge loans on investment residential real estate: 1-4 unit properties and 5+ unit multifamily. We lend our own capital, we underwrite in-house, and we service our own loans.

A direct lender. We use discretionary capital, so there's no outside credit committee and no investor approval to wait on.

Since 2015. We've closed transactions across 27 states involving more than $4.6 billion of investment real estate.

We do, in-house. We don't sell our loans.

Submit the online application at quickliquidity.com/loan-application.php, call 561-221-0881, or email [email protected]. Whichever is easiest.

We usually respond the same day, often within an hour. If it fits, we issue a term sheet. Once you sign it, we finalize underwriting, order title, and prepare closing documents.

Same day in most cases, often within the hour.

As fast as you can get us the documents. If you send the full package upfront, we can issue a formal term sheet the same day or within 24 hours. What sets the timeline is how quickly the package is complete, not a waiting period on our end.

Yes. Send the property address, photos, and a basic loan summary and we'll tell you the same day whether we're close on value and LTV. That's a soft quote. The formal term sheet follows once we have the full document package, which can be the same day if you already have it together.

Yes. You'll deal with someone who can actually approve the loan from the first call.

Call 561-221-0881 extension 102, or email [email protected].

Email them to your loan officer, or to [email protected].

$150,000 to $3,000,000.

Yes.

Up to 65% of the property's as-is value.

The lower of the two. If the purchase price is $1,000,000 and the as-is value is $900,000, we size the loan off $900,000.

$250,000.

No. 65% is the ceiling, not the default. How much we actually lend depends on the property, its condition and its location. Smaller and more dated properties get less leverage.

No. Always as-is value. You can use the proceeds to improve the property, but the loan is sized off what it's worth today.

35% minimum.

No.

Yes. We do blanket loans across multiple properties.

Per property. Each property in a blanket loan needs to support at least $150,000.

Yes, in some cases.

9.99% to 11.99%, fixed.

Fixed for the life of the loan.

2 points, paid at closing.

Yes. Every loan we make is interest-only. There's no amortization and no principal paydown during the term.

12 months is standard, and that's what most borrowers take. We can go as short as 6 months. We can also do 24 or 36 months on the right deal, but pricing on longer terms varies well outside our normal range.

Extension options have to be negotiated and written into the loan documents before closing. When we agree to them upfront it's usually two 6-month options, or a single 12-month option instead. Points vary by deal.

Anything about extending or modifying a loan after it has already funded has to be discussed with a member of our team directly. Call 561-221-0881.

Yes, six months minimum interest. If you pay off in month five, you'd owe one more month to reach six. After six months there's no penalty at all. It's negotiable case by case.

After six months of interest has been paid, yes.

Sometimes. We can let interest accrue, or hold back an interest reserve at closing to cover your payments.

Yes, we can structure an interest reserve.

Our 2 points. Everything else, like title, recording, legal and broker fees, is charged by third parties, not by us. The term sheet includes a detailed estimate before you commit to anything.

No. Reviewing and underwriting your request costs nothing, and the term sheet comes with no obligation.

A due diligence fee, typically $499 to $750 depending on the property and location. That's the actual cost of ordering the third-party property inspection. It isn't a markup.

No.

Yes. It varies deal by deal, but it's usually around $2,500.

No.

Our standard lending program is focused on investment residential and multifamily properties:

• Single-family rentals
• Townhouses
• Condos held as rentals
• Duplexes, triplexes and fourplexes
• Multifamily properties with 5+ units, with no unit cap

We may occasionally consider an exceptional office, retail or industrial property, typically one occupied by a national credit tenant on a long-term lease.

Not typically. Our standard lending program is focused on investment residential and multifamily properties. We have financed office, retail, industrial and other commercial properties in the past. We may still consider an exceptional office, retail or industrial property, typically one occupied by a national credit tenant on a long-term lease.

No. Non-owner-occupied investment property only. If you live in it, we can't lend on it.

No. The property has to be an investment.

Yes, as long as construction is fully complete, a Certificate of Occupancy has been issued, and the property is move-in ready.

Yes. We underwrite to market rent and expenses rather than short-term rental income.

No. We lend on vacant properties. If the property is vacant we'll usually hold back an interest reserve at closing to cover the payments until it's rented.

Yes. Vacancy isn't a problem. We typically structure an interest reserve into the loan when there's no rental income coming in.

Yes.

Yes, and these are deals we actively like. A property that's already on the market has a defined exit, which is exactly what we want to see on a bridge loan. Most lenders treat an active listing as a problem. We treat it as a strength.

Yes. This is one of the most common things we do. Keep the listing up, take the cash out now, and pay us off from the sale proceeds when it closes. You don't have to choose between selling and getting liquidity in the meantime.

That's fine. We'll still fund it.

Yes, if it's an investment condo rented to a third party.

Case by case.

Case by case, and only if the majority of the property's income comes from the residential portion.

Possibly. It depends on the value and the exit.

No.

Case by case.

No.

No.

It has to be livable and rentable as it sits today. That's the hard line. If the kitchen is missing, the utilities are off, or the property isn't habitable, it's not a fit for us regardless of the numbers.

Above that line, condition affects how much we lend rather than whether we lend. We prefer recently renovated, modern properties. We'll still lend on a dated but turnkey property in a strong location at conservative leverage. A dated property in a weak location at maximum leverage is usually a pass.

So a rental that needs paint and carpet between tenants is fine. A vacant but habitable property needing a kitchen and bath refresh can work in a strong location at lower leverage. A property you can't move into is not something we can do.

Yes, within reason. If you own a $500,000 property free and clear and want $100,000 to put in new carpet, paint and cabinets, that's a low-leverage loan on a livable property and it works. The same property at 65% LTV to fund the same work is a different deal and probably not one we'd do. The more work the property needs, the less we'll lend against it.

Yes, but the loan is sized off as-is value, not what the property will be worth afterward.

37 states plus Washington DC. The states are Alabama, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin and Wyoming.

Alaska, Arizona, California, Hawaii, Illinois, Louisiana, Michigan, Nebraska, Nevada, North Dakota, Oregon, South Dakota and Vermont.

Yes. DC isn't a state so it isn't in the list above, but we lend there and it's a market we like.

No. Mainland US only.

No.

We focus on populated cities and major metro areas.

We focus on densely populated cities and major metro areas. There's no population cutoff. It depends on the market and the comps. If you're not sure whether your property qualifies, send it over and we'll tell you the same day.

No. We lend to entities: LLCs, corporations, or trusts. If the property is in your personal name it needs to move into an entity at closing.

No.

No, and it doesn't have to slow anything down. The property can be transferred into the LLC at closing, simultaneously with our loan closing. Costs and timing for forming the entity vary by state, so check with your attorney on that part.

Yes. We lend to entities formed right before closing all the time.

Yes.

Yes.

Yes, on every loan.

No.

No.

No. We don't report to any credit bureau.

No.

No.

No. We lend on the real estate, not your resume.

Yes.

Yes.

Yes, as long as the property is in the United States.

No. The collateral has to be in the mainland United States.

Yes. Something in your history doesn't automatically disqualify you. We look at what it was, when it happened, and whether it affects this loan.

Yes. We'll consider it.

Yes. We can lend on a property held in a separate entity that isn't in bankruptcy, even while another one of your entities currently is.

We'll consider it. Real estate tax liens can often be paid off directly from the loan proceeds. Other judgments depend on whether they can be resolved at closing.

That doesn't disqualify you here. We're looking at different things.

That's the situation our loans are built for.

Comparable sales, broker price opinions, and our own underwriting. No third-party appraisal required.

No.

We'll review it, and it's helpful to see. But we don't take any appraisal at face value. We always do our own in-house valuation and that's what the loan is sized off.

Usually. We order a basic inspection to confirm condition.

Usually not.

Yes, on every loan.

Yes, as long as it's a nationally recognized and reputable firm.

No. Our loans are asset-based. The property's cash flow doesn't gate the deal.

Yes. We review rent rolls, leases, and income.

Yes.

No strict ones. If the property has been improved or there are good comps, we can underwrite to current value even if you bought recently. Thin comps and no improvements make that harder.

Not much. Property address, photos of the property, and a basic summary of the loan: how much you're looking for, what's owed on it now, and whether it's rented and for how much. For a single family, townhouse or condo that's usually enough for us to tell you whether we're close on value and LTV.

If the property is currently held in your personal name rather than an entity, we'll want a little more upfront to confirm it's genuinely a rental.

Once the quote looks right, we'll ask for the lease, the property insurance policy, the property tax bill, HOA or condo documents if applicable, the guarantor's driver's license, corporate documents, proof the tenant is actually paying rent, and the guarantor's personal financial statement and schedule of real estate owned.

What we ask for varies with the property type and the situation, so this is the typical list rather than a fixed one.

No. A soft quote is a number based on limited information, and we can usually give you one the same day. The formal term sheet is the actual document, and it comes once we've reviewed the full package. If you send everything at once, both can happen the same day.

We start immediately. A soft quote usually comes back the same day. A formal term sheet comes within 24 hours of a complete document package, which can also be the same day if you send everything upfront.

As little as 5 days from a signed term sheet, subject to title. Our actual average is around 11 days.

Rarely, and we won't promise it.

No. We can send a mobile notary to you.

Purchases, refinances, cash-out refinances, foreclosure bailouts, and partner buyouts.

Both. We do rate and term refinances as well as cash-out refinances.

Yes, that's one of the things we're built for.

Usually, if there's enough time. Five days is our fastest possible close, so a sale date inside five days isn't realistic. Eleven to fourteen days out gives us room to close comfortably. If you have a sale date coming, call now rather than later. 561-221-0881.

Yes. 65% is measured against the total payoff: principal, arrears, late fees, default interest, the foreclosing attorney's fees, plus closing costs. Not just the principal balance.

If the principal alone is right at 65% and the fees push it over, the deal can still work if you bring the difference in cash at closing, or pledge another investment property as additional collateral.

Yes, we're open to it.

Our lending programs have evolved over time. Some transactions on our Recent Closings page include second mortgages, mezzanine loans, preferred equity, partnership-interest loans and commercial properties that we financed in prior years.

Today, our focus is first mortgage bridge loans secured by investment residential and multifamily properties. We may still consider a transaction outside our standard lending program in rare cases, but only when it is extremely safe, simple and quick for us to get comfortable with. If you think you have one, call us first at 561-221-0881.

Generally, no. Our standard lending program is focused on first mortgages. We have provided second mortgages in the past and may still consider one in rare cases, but only when the deal is extremely safe and simple.

Not as part of our standard lending program. We have provided mezzanine financing and preferred equity in the past and may still consider it in rare cases, but only when the deal is extremely safe and simple. Our focus today is first mortgage bridge loans.

Not as part of our standard lending program. We have historically made loans secured by partnership, LLC and TIC interests, which is why you may see these transactions on our Recent Closings page. Today, our lending is focused on loans secured by a first mortgage on the underlying real estate, although we may still consider one in rare cases when the deal is extremely safe and simple.

Not a revolving line, no. Our loans normally fund in full at closing. We are open to building additional draws into the loan, but they have to be negotiated upfront and written into the loan documents before closing. Existing borrowers can also ask about a modification to increase the loan amount.

No.

No.

No. We don't permit seller financing in any form, including a seller-held second behind our loan.

No. On a purchase, the full 35% down payment has to come from the borrower's own funds. We don't allow any part of it to be carried by the seller.

Yes, performing or non-performing, as long as the real estate securing the note meets all of our normal lending guidelines.

Yes, as long as the real estate securing the note meets all of our normal lending guidelines.

Business or investment purposes only, such as acquiring property, refinancing business debt, improving an investment property, or working capital. Not for personal or consumer expenses.

No. We work with any broker.

Your fee goes in the term sheet that we and the borrower both sign, and we instruct the title company to put it on the settlement statement. You get paid directly at closing and never have to chase the borrower.

Whatever the borrower agrees to. We don't cap it.

No to both.

Yes. Close one loan with us in a year and you're a Bronze partner, which earns a 25 bps bonus for 12 months plus priority underwriting. Two loans makes you Silver, at 50 bps plus discounted pricing for your borrower. Three or more makes you Gold, at 100 bps, discounted borrower pricing, and the borrower's due diligence fee waived.

Email [email protected] or use the online application.

The same things we'd ask a borrower for: property address, photos, and a basic loan summary covering how much they want, what's owed now, and whether it's rented and for how much.