DLP yes
DLP yes

DLP CAPITAL PARTNERS

We generate guaranteed fixed returns
and double digit equity returns
for our investors through passive
real estate investors

DLP LENDING PARTNERS

We provide guaranteed funding solutions
for our borrowers with Pro Lines of Credit
for residential real estate investment projects

DLP REAL ESTATE PARTNERS

We offer guaranteed equity investments
to our partners for large scale residential
and multi family investment projects

WHO IS DLP PARTNERS?

DLP Partners was founded with one mission – to live our dream of creating prosperity through innovative real estate solutions.

Since 2006, the Dream Live Prosper (DLP) family of companies has been doing just that under the direction of our visionary CEO, Don Wenner. By partnering capital with opportunity, DLP Partners has been able to generate high yield fixed returns and double digit equity returns to passive fund investors through providing highly competitive bridge loans for real estate investors and investing equity into income producing housing.

We are focused on aggressive growth and partnerships. Why not join us and say YES to your dream to live in prosperity!

WHERE WE LEND

WHY ARE WE DIFFERENT?

  • We have a balance sheet of more than $300 million. We control our capital in our bank accounts.
  • We make the decisions, and we make them fast!
  • We are the home of the 5 Day Express Loan Closing
  • We are investors first, not bankers. We have completed over 1,000 flips.
  • Common sense risk evaluation with a “yes” mindset.
  • We build relationships with Pro Lines of Credit: ($500,000 to $20,000,000).
  • We provide a steady flow of deals to our partners.
  • We cross-collateralize to reduce cash out of pocket.
  • We fund new construction and heavy renovations.

OUR LOAN PROGRAMS

Pro Line of Credit

DLP Partners offers real estate investor lines of credit from $500,000 to $10,000,000.

  • One time borrower underwriting, then guaranteed funding to credit limit
  • As low as 2 points per loan 
  • Rates from 8.49%
  • Cross-collateralize to minimize cash to close
  • Up to 90% loan to cost/70% loan to value

Fix2Flip/Fix2Hold

  • Rates from 9.9%
  • 3-4 points origination
  • Easy online draw process with DLP Fast Pay**
  • Exit to sale or refinance to hold
  • No prepayment penalty
  • 6 month loans with extension option 
  • (1% for 90 days)
  • Up to 90% loan to cost/70% loan to value
  • Single family and multi-family projects
  • Draw management 5%; $2500 maximum; 
  • $150 payoff fee

Cash Out Refinance

  • Rates from 9.9%
  • 3-4 points origination
  • Easy online draw process with DLP Fast Pay**
  • Cash out for renovation or other 
  • real estate investment
  • No prepayment penalty
  • 6 month loans with extension option 
  • (1% for 90 days)
  • Up to 60% ARV
  • Single family and multi-family projects
  • Draw management 5%; $2500 maximum; 
  • $150 payoff fee

Build2Sell

  • We fund up to 100% of ground up construction
  • Interest from 9.99%
  • Easy online draw management system 
  • with DLP Fast Pay**
  • No prepayment penalty
  • 6 month loans with extension option 
  • (1% for 90 days)
  • Single family and multi-family projects
  • Draw management 5%; $2500 maximum; 
  • $150 payoff fee

Express Loan

  • Fix2Flip/Fix2Rent/Build2Sell/Cash Out Refinance
  • Up to 80% loan to cost/60% loan to value
  • No appraisal or inspection until after closing
  • Guaranteed close in 5 days or less
  • Single family
  • Rates from 9.99%
  • No prepayment penalty
  • 6 month loans with extension option 
  • (1% for 90 days)

Multi-Family Bridge Debt

Guidelines
Total Deal Size 2MM to 50MM
Type of Deal Acquisition of value add B & C class multi-family assets in secondary and tertiary US markets
Interest Rates 8.49%-12%
Loan to Value 70%-75%
Time to Close 20 days
Debt Service Coverage No requirement
Loan Term 12 months with up to two 6-month extensions
Personal Guarantee Yes**
Reserves 1 year: tax, insurance
4 months: prepaid interest and reserve
Cap X
Underwriting, Legal Fees $5,000-$35,000
Pay Off

No penalties or minimum interest, 1 point payoff fee

Multi-Family Bridge Equity

Guidelines
Total Deal Size 4MM to 50MM
Type of Deal Acquisition of value add B & C class multi-family assets in secondary and tertiary US markets
Preferred Return 8%-12% current return; 12-16% total preferred return
Time to Close 20-30 days
Promote Sponsor receives a promote on the senior equity (50/50 split of excess profits after payment of the preferred return and return of capital to senior equity and sponsor)
Structure DLP provides 50-80% of the required equity in senior position to sponsor’s equity. Sponsor receives a larger promote due to their junior position in the waterfall.
Fees Acquisition Fee: 50/50 split (DLP/sponsor)

Asset Management Fee of 1% of collected rent to DLP

Sponsor receives market PM and Construction fees

Hold Period 3-7 years
Authority

DLP hold major decision rights including the right to compel a sale after the initial 3 years of ownership

PARTNERSHIP OPPORTUNITIES

 

Level 1: DLP Broker Partner

All fees built into our pricing, DLP handles all processing and underwriting, you get paid at closing!

 

DLP Minimum Fee

Broker Fee

Guaranteed Funding Fee

$995

Anything over $995

Loan

3 Origination Points

Anything over 3 Points

Line of Credit

1 Origination Point

Anything over 1 Point

Loan in LOC

2 Origination Points

Anything over 2 Points

Interest Rates

At Par

At Par

 

Level 2: DLP Elite Broker Partner

Elite Brokers put up $10,000 in first loss position.

DLP Minimum Fee

Broker Fee

Guaranteed Funding Fee

$795

Anything over $795

Loan

2.5 Origination Points

Anything over 2.5 Points

Line of Credit

1 Origination Point

Anything over 1 Point

Loan in LOC

1.5 Origination Points

Anything over 1.5 Points

Interest Rates

At Par

At Par

 

Level 3: DLP Direct Lending Partner

Lending Partner co-invests 5-10% per loan. DLP table funds each deal.

DLP Minimum Fee Broker Fee
Underwriting Fee $795 Anything over $795
Loan Origination 1 Origination Point Anything over 1 Point
Transaction Fee $500 $500
Interest Rates Up to 3% Lower Than Par
(5-million Elite Pro Line of Credit Pricing)
Keeps Interest Spread on 5-10% Invested

 

Level 4: DLP Capital Correspondent Partner

True correspondent loan purchasing (5-10% co-invested in each loan)

DLP Fees
Transaction Fee $500
All Loans 1 Origination Point
Interest Rates From 8.49%
Exit Fee $250
Extensions 1/2 Point Per 90 Days
Draw Management Fee $200 Per Draw Processed

CONTACT US

Don Wenner

CEO

don@directlendingpartner.com
610.488.2375

 

Brion Yarnell

VP, Funding Relationships

brion@directlendingpartner.com
610.703.4353

 

Nathan Trunfio

VP, Sales

nathan@directlendingpartner.com
978.578.2553

 

Craig Yarnell

Funding Specialist

cyarnell@directlendingpartner.com
614.783.4767

 

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