Your Partner in Real Estate Investment Success
At BayEleven, we specialize in providing tailored financial solutions to meet the unique needs of investors. Our comprehensive loan services are designed to empower you with the capital you need to grow your portfolio and achieve your financial goals.
Flexible Funding Options
Whether you need a private money loan, a fix and flip loan, or a rental loan, our lenders can find the perfect funding product based on your needs, at a rate that won't eat into your profits.
Learn more about investment residential Funding options from BayEleven.
Industry Expertise
With so many lenders competing for your business, partnership matters. Bay Eleven’s founders have been in the residential financing space for 50+ years and are experts in residential construction. We'll have your back at every step.
Fast Approval
You can't make money off of your renovation until it's complete. Our funding partners can help you secure fundin in as little as a few days so your project stays on schedule
FAQs
When speed and service matter, residential real estate investors come to Bay Eleven. Here are some questions they ask most often.
What happens after I submit my funding application?
One of Bay Eleven’s funding partners will contact you within one business day to learn about your specific needs and walk you through the best loan options.
How long will it take to get my loan?
For approved borrowers with lower leveraged loans, it typically takes about three days to two weeks from the time you submit your application to the time your funds are released. For borrowers with more complex projects, it will take a week to 30 days.
What credit score do I need to be approved for real estate construction financing?
Our lending partners prefer to work with investors who have FICO scores of 650 and up. If your credit score is below 600, we suggest finding a co-investor with a higher credit score.
What else will help my chances during the application process?
You should be ready to provide a documented history of your experience with residential real estate projects, as you’ll be able to secure better rates for financing if you’ve had a lot of past experience with similar projects. Lenders will also want to know that you’ll have enough cash on hand to complete the construction project once you’re funded.
Can I pay off my loan early? Are there any prepayment penalties?
Yes, you can pay off your loan early. Some loans may have prepayment penalties, so please refer to your loan agreement or contact our support team for specific details.
I’m based outside the United States. Can I use Bay Eleven for real estate financing?
No. We provide real estate funding for United States-based projects only.
Is it a deal-breaker if I’ve declared bankruptcy or had a foreclosure in the past?
Not always. Our lenders will want to know when any past bankruptcies or foreclosures took place, and what the circumstances were. You may still qualify if the bankruptcy or foreclosure was 5+ years ago.
I’m having trouble logging into my account. What should I do?
If you’re experiencing login issues, try resetting your password using the “Forgot Password” link. If the problem persists, please contact our technical support team for assistance.
How do I update my contact information?
You can update your contact information by logging into your account and navigating to the profile settings. Alternatively, you can contact our customer service team to make updates.
Is my personal and financial information secure?
Yes, we use advanced encryption and security protocols to ensure your personal and financial information is protected. Our online portal is designed with your security in mind.
Need real estate funding in California?
Bay Eleven specializes in financing California real estate projects. For more information about getting private capital loans for renovation projects in California, read our handy guide: Real Estate Construction Financing in California: What You Need to Know.
