Question 1

Who is Ei8ht Street Funding?

Accepted Answer

Ei8ht Street Funding (ESF) is a private mortgage lender focused on investment-property financing. We provide fast, common-sense loans for real estate investors, including Fix & Flip (bridge), DSCR 30-year rental, and Ground-Up Construction programs.

Question 2

What loan programs do you offer?

Accepted Answer

Core programs include: Fix & Flip (Residential Transitional Loans), DSCR long-term rental loans, Bridge loans, and Ground-Up Construction. We finance 1–4 unit residential, small multifamily, and certain mixed-use properties depending on program guidelines.

Question 3

Who is eligible to apply?

Accepted Answer

Real estate investors and business entities such as LLCs, corporations, and trusts. Loans are business-purpose only; we do not offer owner-occupied consumer mortgages.

Question 4

In which states do you lend?

Accepted Answer

We lend in most U.S. states. As of today, ESF does not originate loans in Nevada, Vermont, North Dakota, South Dakota, Arizona, or Minnesota. Availability can vary by program and property type.

Question 5

How do DSCR rental loans work at Ei8ht Street Funding?

Accepted Answer

Qualification is based primarily on the property’s cash flow (Debt Service Coverage Ratio) rather than personal DTI. If market or lease rents support the proposed payment, you may qualify for 30-year fixed or ARM terms for purchase, rate-term refi, or cash-out refi.

Question 6

What are typical Fix & Flip (bridge) terms?

Accepted Answer

Typical terms are 12–18 months, interest-only. Financing can be up to 90% of purchase price and up to 100% of rehab costs, subject to an ARV cap (commonly up to 75% of after-repair value). Draws are released in stages as work is completed and verified.

Question 7

Do you offer Ground-Up Construction loans?

Accepted Answer

Yes. Eligible builders and investors can finance acquisition and vertical construction with draw schedules tied to milestones. Requirements typically include plans, budget, schedule, permits, GC credentials, and adequate reserves.

Question 8

How fast can Ei8ht Street Funding close?

Accepted Answer

With a complete file, many Fix & Flip and Bridge loans can close in roughly 7–10 business days. DSCR and Construction timelines depend on appraisal, title, entity documents, and permits where applicable.

Question 9

What fees and closing costs should I expect?

Accepted Answer

Expect standard third-party costs (appraisal/valuation, title, escrow/closing, recording) plus lender fees. ESF generally charges a 1% origination fee on most loans. California loans include an additional 1% origination per state requirements. We do not charge hidden junk fees.

Question 10

Are there prepayment penalties?

Accepted Answer

Fix & Flip/Bridge loans generally have no prepayment penalty—you can sell or refinance anytime during the term. DSCR rental loans commonly include a prepayment provision (e.g., step-down or hard period); exact terms are disclosed on your ESF term sheet.

Question 11

What documents are needed to start?

Accepted Answer

A completed online application, government ID, entity documents (for LLC/corp/trust), purchase contract or payoff statement, rehab budget and scope (for Fix & Flip/Construction), rent roll or market rents (for DSCR), and insurance details prior to closing.

Question 12

How do rehab draws work?

Accepted Answer

Rehab funds are held in a draw account and disbursed in installments after work is completed and verified. Submit a draw request with photos/invoices; inspections may be ordered. Approved funds are wired promptly to keep your project moving.

Question 13

Do you work with first-time investors and brokers?

Accepted Answer

Yes. ESF funds first-time investors when the deal pencils and partners with experienced and new brokers. A clear scope, competent contractor, adequate reserves, and a realistic exit plan strengthen approval odds.

Question 14

How do I apply with Ei8ht Street Funding?

Accepted Answer

Apply online at ei8htstreetfunding.com. Choose your program, complete the short application, and upload documents. An ESF specialist reviews your deal, issues a term sheet, and guides you through appraisal, title, insurance, and closing.

1,000+ Loans Funded | $300M+ in Investor Capital Deployed | Trusted by Brokers Nationwide
As seen on BiggerPockets | Uncontested Investing| BestStartUps

30 Year Rental Loans | Fix and Flip Loans | Ground Up Construction Loans

WHY CHOOSE EI8HT STREET?

Trust Deed Investing

✅ We Lend with Purpose

⚡ Speed + Flexibility

📈 Built for Brokers

Services

Want to see how simple it is to get funded?

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Awards and Partnerships

Estate Innovations

1,000+ Loans Funded | $300M+ in Investor Capital Deployed | Trusted by Brokers Nationwide As seen on BiggerPockets | Uncontested Investing| BestStartUps

30 Year Rental Loans | Fix and Flip Loans | Ground Up Construction Loans

WHY CHOOSE EI8HT STREET?

Trust Deed Investing

✅ We Lend with Purpose

⚡ Speed + Flexibility

📈 Built for Brokers

Services

Want to see how simple it is to get funded?

follow US

follow US

Join our mailing list

Awards and Partnerships

Estate Innovations

1,000+ Loans Funded | $300M+ in Investor Capital Deployed | Trusted by Brokers Nationwide
As seen on BiggerPockets | Uncontested Investing| BestStartUps