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What we do

We finance investors who

Turn this

Into this

Our clients make big profits rehabbing unlivable homes.

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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

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

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

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

Sample Transaction

Arlington Heights, IL

Before

After

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

Sample Transaction

Skokie, IL

Before

After

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)

Sold before Rehab started!

Borrower Return: 1.57x investment

(941% annualized return) Total Project Time: 55 days

Sample Transaction

Chicago, IL (Austin)

Before

After

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

Sample Transaction

Chicago, IL (Logan Square)

Before

After

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

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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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