Whether you're flipping a distressed property or breaking ground on a new build, Straightline Funding's rehab and construction loans are built for investors who move fast and need a lending partner that keeps up. These are short-term loans designed to fund both the majority of an acquisition and the rehab/construction so you can buy, build, and profit without tying up a lot of capital. AT A GLANCE COMMON QUESTIONS What's the difference between a rehab loan and a construction loan? A rehab loan is used to purchase and renovate an existing property — think distressed homes, dated properties, or anything that needs work before it can be resold or rented. A construction loan is for ground-up builds, where you're starting from scratch on a lot. Both are short-term and structured similarly, but construction loans typically require more documentation upfront and may require demonstrated experience given the complexity of a new build. Does the loan cover renovation or construction costs, or just the purchase? Both. These loans are structured to cover the acquisition plus the cost of the work. Renovation and construction funds are held in reserve and released in draws as work is completed and verified — keeping the project moving and funds tied to real progress. How do draws work? After closing, your renovation or construction budget is disbursed in stages based on a pre-agreed draw schedule. As each phase of work is completed, you submit a draw request through your Client Personal Account. Our team verifies the work, and funds are released. This keeps your project on track and ensures capital is deployed alongside actual construction milestones. Do I need prior experience as a fix-and-flip investor? No experience is required for rehab loans — we welcome first-time investors. For new construction loans, experience in ground-up development is typically required given the additional complexity involved. If you're newer to construction and have questions about whether you qualify, reach out and we'll walk you through it. What do I need to apply? You'll generally need a signed purchase contract, your entity documents, a scope of work or construction budget, and identification for all guarantors. For construction loans, you'll also need project plans and information on your general contractor. Full document requirements are outlined in your Client Personal Account after you begin your application.

Transactional funding is short-term capital designed specifically for wholesalers executing a double close. If you have a deal locked up and an end buyer ready to go, we provide the funds to close the A-to-B transaction. You complete both closings and collect your profit without ever using your own money. COMMON QUESTIONS What exactly is a double close? A double close, also called a back-to-back closing, involves two separate transactions happening in close succession. In the first transaction (A-to-B), you purchase the property from the seller. In the second (B-to-C), you immediately sell it to your end buyer. Transactional funding provides the capital for the A-to-B purchase so that you don't need to use your own funds or wait for your buyer's money to clear. Do I need good credit to qualify? No. Transactional funding is the one product at Straightline Funding with no minimum credit score requirement. Approval is based on the transaction, specifically, a verified end buyer and a signed B-to-C purchase contract. Your personal credit history is not a factor. Can I borrow as an individual, or do I need an entity? Both are welcome. Transactional funding is the only Straightline Funding product available to individual borrowers, in addition to LLCs and corporations. What do I need to get funded? At minimum, you'll need a signed A-to-B purchase contract, a signed B-to-C purchase contract with a verified end buyer, and confirmation that both closings are scheduled with the same title company or closing attorney on the same day. For full requirements and fee details, visit the dedicated Transactional Funding page on our website. How fast can transactional funding close? Transactional funding is designed to move at the speed of your deal. Because closings are often same-day or back-to-back, we prioritize speed and work to ensure funds are ready when you need them. Reach out to our team as early as possible in your deal timeline so we can coordinate accordingly.

DSCR loans are designed for buy-and-hold investors who want long-term financing without the headache of traditional income verification. Instead of qualifying based on your personal income or tax returns, DSCR loans qualify based on the rental income the property generates. If the property cash flows and your credit score qualifies, you can generally be approved regardless of how complex your personal finances are. AT A GLANCE: COMMON QUESTIONS What does DSCR stand for, and why does it matter? DSCR stands for Debt Service Coverage Ratio. It measures whether a property generates enough rental income to cover its loan payment. It's calculated by dividing the property's gross monthly rent by its total monthly debt obligations, including principal, interest, taxes, insurance, and any HOA dues. A DSCR of 1.0 means the property breaks even. A ratio above 1.0 means it generates positive cash flow, which is what lenders look for when underwriting this type of loan. Do I need to provide tax returns or proof of personal income? No. That's one of the biggest advantages of a DSCR loan. Your personal income, employment status, and tax returns are not part of the qualification. This makes DSCR loans a strong fit for self-employed investors, those with multiple properties, and anyone whose personal financials don't reflect their actual investing activity. Is experience required? Not for most scenarios. DSCR loans for single-family and 2 to 4 family rental properties don't require prior landlord experience. Multi-family DSCR loans on 5 to 9 unit properties, however, may require demonstrated experience owning or managing similar assets. Our team can help you determine what applies to your deal. What property types are eligible? DSCR loans are available for non-owner-occupied residential rental properties, including single-family homes, 2 to 4 unit properties, and 5 to 9 unit properties. The property must be generating, or reasonably projected to generate, rental income. Contact us to confirm eligibility for your specific property type. How is this different from a stabilized bridge loan? A DSCR loan is a longer-term product built for investors who want to hold a property and finance it permanently based on its cash flow. A simple bridge loan, by contrast, is short-term and used when you need fast capital and plan to refinance or sell in the near future. If you're buying a stabilized rental and planning to hold it, a DSCR loan is likely the right fit.

A simple bridge loan is a short-term financing solution for investors who need fast access to capital on a property that is stabilized or needs just minor repairs. It's designed to bridge the gap between where you are today and where you're going, whether that's a wholesale/wholetail flip, long-term refinance, the sale of the property, or a strategic portfolio move. If the deal is clean and you need capital quickly, this is the tool for it. AT A GLANCE: COMMON QUESTIONS What does "stabilized" mean? A stabilized property is one that needs no work or just cosmetic work at the time of purchase or refinance. When would I use a Simple Bridge loan instead of a Rehab Loan or DSCR loan? A Simple Bridge loan is the right choice when you need capital quickly and your timeline is short-term. Our clients typically use these loans to take down wholesale or wholetail deals for quick flips or to navigate the BRRRR strategy. We work from the AS IS value of the property and don't measure ARV. Instead of navigating a draw process, any minor repairs are self funded. If you have clean, opportunitic deals that need fast capital, the Simple Bridge Loan may be a fit. Does my property need to be fully leased to qualify? No! The property does not need to be rented or occupied to qualifty. What matters is the asset itself and its current value. How quickly can I close on a bridge loan? Bridge loans are built for speed. Because these are asset-based loans on stabilized properties, underwriting tends to move faster than traditional financing. Closings typically occur in 5 to 10 business days. Exact timelines depend on your deal and how quickly documentation is submitted but our team works with urgency to get you to closing as fast as possible. What do I need to apply? Typical documentation includes your entity formation documents, lease agreement or rent roll if applicable, details on the subject property, and identification for all guarantors. Full requirements will be outlined in your Client Portal after you start your application online.