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What we do

We finance investors who…

Our clients make big profits rehabbing unlivable homes.

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Turn this

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Renovo Financial Advantages

Renovo Financial was founded with a simple business plan: to be the

leading finance company focused on the needs of individual Rehab

Investors.

We achieve these objectives through:

• Quick pre-approvals and immediate feedback

• Experienced team

• Loans structured to create a win-win for all parties

• In-house due diligence and closing process

• Local decision making

• In-house servicing and relationship management following closing

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Our Company

Established Lender

• Relationship oriented portfolio lender

• Lending in all Chicagoland counties

• Local decision making

• Speed and certainty of execution

Dedicated Platform

• Exclusively focused on financing residential Rehab Investors

• Single family and 2-4 unit residential properties

• Flexible, first mortgage rehab loans for investors

Millions of Dollars in Lending Capacity and Support

• Backed by Institutional Private Equity

• Loans held on balance sheet; we are not brokers

• Full-service with in-house staff focusing on origination, processing, closing, and servicing

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Renovo Clients

Have successful track records of making money in residential rehab investing

Generally are creditworthy and bankable, except for unlivable condition of property

Execute one or both of the following strategies:

Redevelop

• Rehab and resell for a profit

• Profits range from $15,000 to $75,000+ per project

• Typically 6 months from purchase to sale

Build Rental Portfolio

• Rehab and hold for cash flow

• Monthly cash flow ranges from $500 to $2,000 per property

• Typically 4 - 6 months from purchase to refinance

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Program Parameters

Loan Size: $50,000 - $450,000

Loan Types: First mortgage Acquisition and Rehab Loans

Property Types: Single family and 2 – 4 unit residential

Geography: Chicago and surrounding counties

Loan Term: 6 - 9 months

Loan to Cost: Up to 80%

Loan to After Repaired Value: Up to 60%

Interest Rate: 12.5% - 15%

Points: 3.5% - 6%

Prepayment Penalty: None

Fees: $1,000 processing, $100 per rehab draw inspection

Appraisals: required and ordered through an approved appraiser

Special Pricing: For Successful Repeat Customers

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Sample Transaction

Arlington Heights, IL

• Project Type: Redevelopment

• Property Type: Single Family

• Purchase Price: $235,000

• Rehab Budget: $35,000

• Total Project: $270,000

• Renovo Loan: $200,000

• Borrower Investment: $70,000

• After Repaired Value: $385,000

• Equity Created: $115,000

• Outcome: Client accepted offer

with only 14 days on market for

$380,000. List price was $389,900.

Profit: $65,000 (after all soft costs,

money cost, and project overruns)

• Borrower Return: .93x investment

(279% annualized return)

• Total Project Time: 4 months

Before After

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Sample Transaction

Skokie, IL • Project Type: Redevelopment

• Property Type: Single Family

• Purchase Price: $52,000

• Rehab Budget: $88,000

• Total Project: $140,000

• Renovo Loan: $124,000

• Borrower Investment: $25,500

• After Repaired Value: $285,000

• Equity Created: $145,000

• Outcome: Client hits a home run!

Property sold 55 days from purchase

for $120,000, netting a profit of over

$40,000 after expenses. No rehab

work was done.

• Profit: $40,000 (after all soft costs,

money cost)

• Borrower Return: 1.57x investment

(941% annualized return)

• Total Project Time: 55 days

Before After

Sold before

Rehab started!

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Sample Transaction

Chicago, IL (Austin)

• Project Type: Portfolio Builder

• Property Type: 2 Flat

• Purchase Price: $48,000

• Rehab Budget: $30,000

• Total Project: $78,000

• Renovo Loan: $63,000

• Borrower Investment: $15,000

• After Repaired Value: $125,000

• Equity Created: $47,000

• Outcome: Client refinanced with

conventional lender Renovo referred

client to. Both units were rented at

roughly $1,200 a unit.

Cash Flow: $2,400 gross rent with

about $750 PITI

• Total Project Time: 4 months

Before After

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Sample Transaction

Chicago, IL (Logan Square)

• Project Type: Redevelopment

• Property Type: Single Family

• Purchase Price: $71,000

• Rehab Budget: $85,000

• Total Project: $156,000

• Renovo Loan: $118,000

• Borrower Investment: $37,000

• After Repaired Value: $290,000

• Equity Created: $134,000

• Outcome: Client had multiple offers

with in 7 days. Listed for $349,000

sold for $340,000.

Profit: $80,000 (after all soft costs,

money cost, and project overruns)

• Borrower Return: 3.6x investment

(324% annualized return)

• Total Project Time: 8 months

Before After

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Contact Us

Chicago Headquarters 1016 W. Jackson Blvd. | Suite 316 | Chicago, IL 60607

Kevin Werner • Direct: (312) 288 – 8628

• Email: kwerner@renovofinancial.com

Daniel Rosen • Direct: (312) 243 – 3288

• Email: drosen@renovofinancial.com

www.renovofinancial.com

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