John Hughs's Colleagues at REBAR CAPITAL LLC
John Hughs's Contact Details
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REBAR CAPITAL LLC
John Hughs's Company Details
REBAR CAPITAL LLC was founded in early 2011 in response to the real estate investors' needs that were so aggravated by the Great Financial Crisis. Real estate investors and financiers ourselves, we simply wanted a better way to identify, finance, and invest in real estate. Though highly experienced with investments in 1-4 unit single family rental, fix + flip, multifamily, and small mixed use buildings, we struggled with banks so hobbled by the Crisis that they were unable to make common sense underwriting decisions on these assets. Credit was too tight and the borrowing process, if you could get a banker's attention, was excruciatingly long, painful, and uncertain. Loans were - more often than not - just not made.And then came the hard money lenders who, like vultures, swooped in and for many became the only game in town. They made loans. Really safe loans of 50% to 60% of a property's value. But they charged interest rates normally reserved for the riskiest loans: often 12% to 18%. And they charged exorbitant upfront fees, sometimes reaching 10%, for their money. Anyone with a self-directed IRA with spare capital who was willing to ignore the loan shark label could, and did, turn the screws hard.We formed REBAR CAPITAL to escape the "rock and a hard place" world of real estate investments. With more than 50 years' combined experience in real estate investments, credit, and capital markets, we knew there was a better way, emphasizing common sense lending and reasonable interest rates. We found capital partners who agreed, and we offer a positive client experience with a Quick and Easy path to borrowing for real estate investment.Our Fix + Flip Line of Credit allows investors to work several properties at once, at reasonable interest rates that decline with experience!We lend on single family, mixed use, and other rental properties with interest rates that are fixed for the 30 years the loan is outstanding!At REBAR CAPITAL, we finance wealth creation!