Musk Lending is a private money lender focused on servicing real estate investors by providing quick and low-cost capital on their investment properties. Musk Lending’s approach to lending is centered around the investor, therefore allowing the investor to focus more on their investment and less on the loan process. Musk Lending was founded by a group of real estate investors, whose emphasis was on acquiring and improving distressed properties. So whether or not you are an experienced real estate investor – Musk Lending’s team has the qualifications to exceed expectations and can assist in the expansion of your real estate portfolio.

•  Call us at (800) 801-8504.
• Email us at [email protected].

We’re a private money lender that uses asset-based lending. Asset-based lending means that the decision making revolves more around the property and less about the borrower. Musk Lending’s focus is centered around the question of whether the borrower’s acquisition is profitable for the borrower – Musk Lending wants to ensure that every borrowers acquisition is successful. Many believe that an asset-based lender holds the deed to the property; Musk Lending records a mortgage on the property and the deed is vested in the borrower’s entity.

There are several reasons as to why you should fund your deals with Musk Lending versus. a traditional lender.

(1) Musk Lending funds loans as quick as 3 business days; traditional lenders take 90 days on average – sellers prefer quick closings, so take advantage of Musk Lendings closing time.

(2) Sellers prefer dealing with an all-cash buyer and extend preferential treatment for that reason; by choosing to fund your loan with Musk Lending, you can identify yourself as an all-cash buyer and take advantage of the preferential treatment.

(3) Musk Lending finances properties in any condition; traditional lenders do not.

(4) Musk Lending does not require interior appraisals; traditional lenders do.

(5) Musk Lending finances properties with most issues on title; traditional lenders do not.

(6) Musk Lending finances properties with tenants or squatters; most traditional lenders do not.

(7) Musk Lending does not ask for pay stubs; traditional lenders do.

(8) Musk Lending does not ask for bank statements; traditional lenders do.

(9) Musk Lending does not ask for tax returns; traditional lenders do.

(10) Musk Lending does not require the borrower to have a job; traditional lenders do.

Musk Lending is ready to finance up to 90% of the purchase price and 100% of the construction cost (not to exceed 65% of After Repair Value). However, Musk Lending’s leverage depend on the borrower’s experience. For example:

• No experience (0 flips): up to 70% of purchase & 100% of construction cost 
• Low Experience (1 flip): up to 75% of purchase & 100% of construction cost
• Some Experience: (2-3 flips) up to 80-85% of purchase & 100% of construction cost
• Experienced (3-4+ flips): up to 90% of purchase & 100% of construction cost
• Compensating factors: If the borrower is a licensed General Contractor or
• Real Estate Agent then we can add an additional 5-10% leverage (however, it cannot exceed 90% of the purchase price and 65% of ARV)

Our rates depend on the borrower’s leverage.

Unlike other private money lenders who have fees prior to funding the loan, Musk Lending does not charge any upfront fees. The only upfront cost is the appraisal fee, which is paid directly to the appraiser.

Yes, Musk Lending only on investment properties. Musk Lending does not finance owner-occupied properties.

All loans are for a period of 12 months unless theborrower (prior to funding) notifies Musk Lending that 12months is insufficient. Typically more time is neededwhen the construction is extensive, for example, thereis a conversion taking place or an extension beingadded. If that is the case, Musk Lending is ready to providea 15-18 month terms at no additional cost. There areno prepayment penalties on our loans, which meansthat you can pay Musk Lending as soon as 5 days and haveno penalty added.

This rarely happens. But in the event it does,we are ready to extend the term for an additional fee.

Musk Lending nationwide with the exception of 7States. Musk Lending does not lend in (1) Arizona,(2) Minnesota, (3) North Dakota, (4) Nevada,(5) South Dakota, (6) Vermont, and (7) WestVirginia.

No, Musk Lending does not require experience. So even if you are purchasing your first

deal, Musk Lending is ready to finance. Remember, Musk Lending is an asset-based lender,

that’s the reason why we are not strict on experience. However, the more

experience you hold, the more Musk Lending. For example:

• No experience (0 flips): up to 70% of purchase & 100% of construction cost
• Low Experience (1 flip): up to 75% of purchase & 100% of construction cost
• Some Experience: (2-3 flips) up to 80-85% of purchase & 100% of
• construction cost
• Experienced (3-4+ flips): up to 90% of purchase & 100% of construction cost
• Compensating factors: If the borrower is a licensed General Contractor or
• Real Estate Agent then we can add an additional 5-10% leverage (however,
• it cannot exceed 90% of the purchase price and 65% of ARV)

620 FICO is excellent credit for Musk Lending. Musk Lending’s biggest concern with credit is to ensure that the borrower does not have any active or recent bankruptcies, foreclosures, or serious delinquencies, and active judgments. Remember, Musk Lending is an asset-based lender, that’s the reason why we are not strict on credit – so even if the borrower has a credit score less than 620 Musk Lending may still fund the deal. (Recent bankruptcies and foreclosures are within the past 2-5 years).

Musk Lending accepts drive-by exterior appraisals. Musk Lending understands that not every property is accessible (and that may be the reason why the borrower is getting a discount on the purchase price), so Musk Lending works with the borrower to accept drive-by appraisals.

Musk Lending is ready to send our borrowers proof of funds so that the borrower canconfidently negotiate with the seller or their brokers as a cash buyer. )

Yes, Musk Lending is ready to introduce our borrowers to wholesalers who find off- market deals. Remember, Musk Lending’s founders were very active fix and flippers, they are ready to teach all their learned skills and disclose their sources.

Musk Lending’s minimum loan size is $100,000.

Musk Lending generally works on a 7 business day turnaround for a first-time borrower. If the borrower is a returning borrower with Musk Lending, then the turnaround time is 3 business days.

Yes, Musk Lending recommends getting pre- qualified prior to needing the financing. Normally, borrowers call us within a few days of having to close a deal and although it is doable, it causes preventable stress. So what we recommend is to get pre-qualified by Musk Lending now, this way when you find a good deal, Musk Lending within a couple of days.

All Musk Lending needs to approve a deal is 

(1) Purchase documents, 

(2) Corporate documents, 

(3) Title, 

(4) Borrowers Photo ID,

(5) 620 credit, 

(6) Appraisal (exterior or interior), 

(7) Scope of Work, and 

(8) Personal Financial Statement (self-declared, no bank

statements or tax returns needed).

Absolutely, most of Musk Lendings business comes from brokers. We always strive to protect our brokers because of the value they add to Musk Lending.