Real estate investing is capital-intensive, requiring a significant up-front investment with a delayed return in profits. Capital lenders play an important role in fueling these investments, but real estate investors have to work around the constraints of capital financing, making payments throughout the course of the rehab, accompanied by interest rates that can put a strain on cash flow. These capital limitations can prevent local investors from scaling their business.
Alta Capital Management is a capital lending partner that built its financing model around the house flipping process, making it the ideal choice for New Again Houses projects! Their unique loan terms are a valuable competitive advantage that only New Again Houses franchise owners have access to.
Competitive interest rates
Less fees and points than private lenders
Funds construction draws in advance, allowing franchise owners to scale with less capital
Typically does not collect interest payments during the loan, prioritizing franchise owner liquidity
Funds at a higher loan-to-value than traditional marketplace lenders
Alta Capital Management was founded in 2013 when Mark Pate, founder of Alta, saw the value in a strategic partnership with New Again Houses. Their shared vision for franchising opened up opportunities for Mark to provide investors a safe investment with profitable returns at scale. This mutually beneficial relationship provides an innovative, unique solution to the capital restraints surrounding real estate investment.
Mark Pate is a veteran executive in the financial field who uses his expertise in identifying and evaluating investment opportunities to effectively grow and manage the Alta Capital Management fund. Today, this fund consists of over 34 million in managed capital with over 100 investors, allowing Alta to underwrite 1,000+ loans since inception with no default payments to New Again Houses. Alta Capital Management is proud to play a key role in fueling New Again Houses franchise owner success by supplying access to capital. Mark’s trust in the advanced house flipping software and analysis of MasterSuite Technology is why they lend up to 100% of our flips and continue to support more flips across the country.
Are you ready to join New Again Houses? Schedule a call and let our expert team guide you through the discovery process! Your next step begins here.