Questions Investors Ask Before They Apply

Endeavance Capital brokers fix and flip loans (also called Residential Transition Loans / RTL), DSCR rental loans, new construction loans, and commercial bridge loans for real estate investors. We also broker equipment financing and working capital solutions for small business owners — across Washington State and 35+ states.

We primarily work with real estate investors who need short-term or investment property financing — fix and flip buyers, rental portfolio builders, ground-up developers, and commercial investors. We also work with small business owners who need equipment financing or working capital.

As a broker, I submit your deal to my lender network and find the best-fit program. I handle the lender-side communication, help structure the submission, and guide you through to close. You benefit from access to multiple lenders and 20+ years of commercial banking expertise.

Endeavance Capital is licensed to broker loans in 35+ states, with primary focus on Washington State. Contact us to confirm availability in your specific state.

The easiest way is to schedule a call at calendly.com/greg-endeavance/30min. Alternatively, run the free Fundability Scorecard at endeavance.com/scorecardoptin — it walks you through 25 questions across five categories and shows you exactly how a lender will see your profile before you apply.

A fix and flip loan — also called a Residential Transition Loan (RTL) — is a short-term loan for investors who buy distressed properties, renovate them, and sell for a profit. It is underwritten based on the After Repair Value (ARV) of the property, not personal income. Terms run 6 to 18 months and are repaid from sale proceeds.

After Repair Value is the estimated market value of a property after renovations are complete. It is the foundational number in RTL lending — lenders base their loan amount on ARV, typically lending up to 65–75% of ARV. If your projected ARV is too aggressive relative to comparable sales, the lender's appraisal will come in lower and the loan amount will be reduced.

RTL loans through Endeavance Capital's lender network can close in 7 to 21 business days. If you have a tight close window, reach out early — I can give you a realistic timeline within 24 hours of reviewing your deal basics.

No. First-time investors can qualify with a strong ARV, adequate liquidity, and a clear rehab plan. Lenders offer better terms as your track record builds.

A DSCR (Debt Service Coverage Ratio) loan is a rental property loan that qualifies based on the income the property generates — not the borrower's personal income. No tax returns or W-2s required. The lender calculates DSCR by dividing gross monthly rental income by the total monthly mortgage payment (PITIA). If the ratio meets the minimum (typically 1.0+), the loan qualifies.

No. DSCR loans do not require personal tax returns, W-2s, or employment verification. Qualification is based entirely on the property's cash flow. This makes them ideal for self-employed investors, business owners, and investors who use depreciation or entity structuring.

Most lenders require a minimum DSCR of 1.0. Many programs prefer 1.25 or higher for the best rates. Some lenders go below 1.0 for strong borrowers with low LTV. Requirements vary by lender.

Yes. DSCR loans are one of the most common tools for the refinance leg of the BRRRR strategy. Most lenders require 3 to 6 months of seasoning after the property is stabilized and rented, then underwrite on current rental income.

Draws are tied to completed milestones: foundation, framing, rough mechanicals, drywall, and final completion. Each draw requires a lender inspection before funds are released. Interest accrues only on the amount drawn, not the full loan commitment.

No. Investors who are not licensed builders can qualify with a licensed, experienced GC on the project. Lenders underwrite the GC's track record alongside the borrower profile.

Typically 3 to 6 weeks from a complete application. Start the financing process early in the planning phase — waiting until you are ready to break ground is too late.

When the property does not qualify for permanent financing in its current condition; when the acquisition timeline is too short for bank underwriting; when you are executing a value-add plan; when you need to close quickly for a 1031 exchange; or when existing debt has matured.

Before maturity, you should be executing your exit — refinancing into permanent financing or selling the asset. Most lenders offer 3 to 6 month extension options if the business plan is on track. Extensions come with fees and are not guaranteed.

2 to 6 weeks depending on deal complexity — significantly faster than conventional commercial loans which typically require 60 to 90 days.