GOLD LENDER
Carolina Capital Management is a hard money lender serving the needs of the Real Estate Investor and the Small Builder borrower who is striving to build wealth and generate income for themselves and their families. We offer hard money rehab loans and Ground-Up Construction Loans for investors in NC, SC, GA, VA, TN, FL and now TX.
We also serve as consultants for investors, guiding them to network with other investors and educating them in locating and structuring transactions. Carolina Capital Management is willing to invest in your success.
Carolina Capital promotes that all their transactions are made ethically and morally. Our goal is to put People and Principles in front of Profit. As a hard money lender, Carolina Capital understands that the best way to serve our customers is by walking in their shoes
. As real estate investors, this enables us to better understand the goals and needs of our customers.
We are proud members of the American Association of Private Lenders.
Carolina Capital Management runs a defined rehab draw process. After completing a portion of the work, the borrower submits a Draw Request Form online, and Carolina Capital schedules an inspector to visit the property and authorize the release of funds.
Each draw carries a $200 inspection fee, deducted from the draw amount, and a rehab loan allows up to five draws across the schedule. Payments must be current to draw, and the borrower and contractor sign a completion certificate at the end of the project. Inspections are physical site visits rather than virtual.
On speed, Carolina Capital advertises closings in as little as 10 days once approved, the deals normally close about seven business days after a property is found, with some closing in as few as two days. The site does not publish a per-draw funding turnaround, so investors should confirm how quickly approved draws are wired.
Carolina Capital Management is a South Carolina hard money lender offering fix and flip, new construction, commercial, and long-term DSCR loans to investors and small builders across the Carolinas and the Southeast.
• Fix and flip: up to 90% of purchase and 100% of rehab, up to 70% of ARV, with rates from 11.99%, 3 to 3.5 points, and 6 to 9 month interest-only terms.
• New construction: up to 85% LTC and a maximum of 70% ARV, on 12 month interest-only terms.
• Commercial rehab: up to 90% of purchase and 100% of rehab, up to 70% of ARV.
• Long-term DSCR (multifamily under 50 doors): up to 75% LTV, 30-year fixed rates as low as 7%, loans from $250K to $5M at a 1.2x DSCR.
Carolina Capital Management, LLC is a hard money lender headquartered in Rock Hill, South Carolina, financing residential fix and flip, new construction, commercial, and long-term DSCR loans. It lends to real estate investors and small builders in North Carolina, South Carolina, Georgia, Virginia, Tennessee, Florida, and Texas for real estate investment purposes. It is a member of the American Association of Private Lenders (AAPL).
