Your success is important to us, which is why we are creative and flexible when setting terms for your deal. If you are looking for a reliable, local company to close a real estate deal quickly and easily without having to jump through a bunch of hoops, CPL Investments could be the answer. We look forward to working with you and bringing you into our vast network of professionals.
For your ease, we have provided information here about our baseline terms, types of loans, and frequently asked questions. Please consider contacting us through our online portal or filling out a quick and easy application if you’d like to partner with us!
Yes, at CPL Investments, we pride ourselves on our personalized and thorough service. Someone from our team will personally walk through your property as a second set of eyes and to run comps as a form of due diligence. This is what makes a local lender like CPL different, we back your investment with our decade of experience to make sure your success is maximized.
CPL Investments provides a vast array of services. From fix and flip loans, bridge loans, transactional funding, new construction loans, and commercial loans to lines of credit, the CPL team is here to support you in finding the right fit for your real estate investment needs. We are committed to providing our clients with personalized and creative solutions, so contact us today to learn more about how we can meet your needs.
We typically start with a background and credit check to initiate our client profile and begin to assess whether it will be a good fit to work together. We also take a look at one’s experience in the real estate investment arena.
However, while these are important factors, our team focuses on character and relationship building to make the final decision of our potential for collaboration. This means that credit scores, background checks, and experience or lack thereof do not automatically disqualify someone from our services. We value open and honest communication and are willing to work with someone who demonstrates these qualities.
If you are concerned about either of these measures, we encourage you to reach out and have a conversation with us.
Payments will typically be due each month on the 1st or 15th, depending on the closing date. We accept payments via check, automatic bill pay through your bank, or Zelle. Each deal is personalized, so if you have any concerns or special needs around payment plans, let our team brainstorm ways to make it work.
We typically break down the fund release into approximately 4 escrow draws per loan (25% per draw). By providing our team with receipts for work completed and supplies purchased, photos of the status of the property, as well as copies of needed permits, we will ensure that the project is on track according to the scope of work agreed upon at the start of the project. Once we are able to confirm that everything is on track, funds will be released within 1 business day.
This proven and personalized approach allows us to support your investment with our decade-long experience that will lead to a smoother timeline and less obstacles along the way.
No, we do not require that there be an inspection done on the property. However, we will always support having one done. Typically, our borrowers will have an electrical, foundation or a roofing inspection done on their properties. Sometimes they will even have all three done.
Yes, we do provide proof of fund letters after final approval from the team. Just give us a call or send us an email with the request and we will get a proof of funds letter to you within 24 hours.
Yes! We are in the process of expanding our services to investors outside of the State of Indiana. With a focus on the Midwest, we are excited and eager to expand our clientele to include folks from all over the region.
Yes! Again, we at CPL are focused on flexible and creative solutions to meet the individual needs of our clients. We are open to accepting unencumbered properties as collateral.
If you have any other questions, we’d be happy to answer them for you!