Easy Street Capital Overview
Easy Street Capital is a Texas-based real estate investment lender that has made speed and flexibility their core value proposition. With 24-hour approvals and the ability to close loans in as little as 48 hours, Easy Street is built for investors who need to move fast — whether they are competing for off-market deals, buying at auction, or trying to lock in a time-sensitive opportunity.
What makes Easy Street particularly aggressive is their leverage. They offer up to 93% loan-to-cost on fix-and-flip loans and fund 100% of rehab draw costs, meaning experienced flippers can get into deals with minimal capital out of pocket. They also offer a no-appraisal option for certain transactions, further accelerating the closing timeline.
Easy Street serves nationwide and offers fix-and-flip, DSCR, bridge, and construction loans. Their team is composed of experienced real estate investors themselves, which means they understand the urgency and deal dynamics that drive investment decisions. This investor-to-investor mentality permeates their service model.
Loan Products Offered
- Fix-and-flip loans — purchase and rehab financing with up to 93% LTC
- DSCR rental loans — long-term 30-year financing for stabilized properties
- Bridge loans — short-term transitional financing for quick acquisitions
- New construction loans — ground-up build financing for investors and small developers
- No-appraisal programs — close without waiting for an appraiser in qualifying scenarios
Rates and Terms
Easy Street Capital offers competitive hard money rates for fix-and-flip and bridge loans, typically in the 9% to 12% range depending on borrower experience, credit score, and LTC ratio. Their DSCR loans are priced in line with the broader market, generally in the 7% to 8.5% range.
The standout metric is leverage: up to 93% loan-to-cost on fix-and-flip loans, which is among the highest in the industry. They also fund 100% of rehab draw costs, releasing draws as work is completed. For investors who want to maximize leverage and minimize cash-out-of-pocket, these terms are difficult to beat.
Closing timelines are industry-leading. Easy Street offers 24-hour approvals and can close in 48 hours for repeat borrowers with clean files. Standard closings take 7-14 days, which is still significantly faster than most competitors. The no-appraisal option eliminates one of the biggest bottlenecks in the closing process.
Requirements
- Minimum credit score: 650 for most products; experienced borrowers may qualify with lower scores
- Minimum DSCR: 1.0 for rental loan products
- Down payment: As low as 7% on fix-and-flip (93% LTC); 20-25% on DSCR
- LTC/LTV: Up to 93% LTC on fix-and-flip, up to 80% LTV on DSCR
- Experience: Higher leverage tiers require demonstrated flip experience
- Rehab draws: 100% of rehab costs funded through draw process
Pros
- 24-hour approvals and 48-hour closings — the fastest in the industry
- Up to 93% LTC on fix-and-flip — among the highest leverage available
- 100% rehab draw coverage — no out-of-pocket renovation costs
- No-appraisal option eliminates closing delays
- Team of active real estate investors who understand deal dynamics
- Nationwide coverage for all product types
Cons
- Hard money rates (9-12%) are typical for short-term products — not cheap money
- Highest leverage tiers require significant flip experience
- DSCR products are competitive but not market-leading on rates
- Newer brand with less track record than established players like RCN or Lima One
Who Is Easy Street Capital Best For?
Easy Street Capital is purpose-built for active fix-and-flip investors who need speed and leverage. If you are bidding on auction properties, competing for off-market deals with cash buyers, or running a high-volume flip operation, Easy Street's 48-hour closings and 93% LTC leverage give you a significant competitive advantage.
Easy Street is also valuable for investors who are scaling and want to minimize the amount of cash tied up in each deal. With 93% LTC and 100% rehab draws, an investor can theoretically get into a $200,000 deal for under $15,000 out of pocket — allowing them to run multiple projects simultaneously.
How to Apply
Easy Street Capital's application process is designed for speed. Submit a deal through their website with your property details, rehab budget, and experience level. You can receive an approval within 24 hours, often with a term sheet and rate lock.
For the 48-hour closing option, have all documentation ready before submitting: entity documents, proof of funds for down payment, property details with photos, and a detailed scope of work for rehab projects. Easy Street's team will coordinate title, insurance, and closing to hit their aggressive timelines.