Rain City Capital has provided DataSnap Foreclosures investors and client’s foreclosure auction financing since 2010. During the past two years DataSnap Foreclosures and Rain City capital have provided loans for foreclosure auctions, Short Sales and REO clients here in the local area. We realize there is a growing desire for the general public wishing to buy at auction or real estate owned by banks. DataSnap Foreclosures and Rain City Capital has teamed up to provide competitive loans to “flippers”, Auction Buyers, and Real Estate Investors alike.

Buying Real Estate competitively often requires cash funding or something similar. This does not mean that you as an investor need to have 100% of the funds to acquire and rehab a home. Every day people use other people’s money or “hard money” to acquire real estate.

Hard Money is a common term in the real estate community that refers to short term financing that closes quickly just like cash, and bypasses the complexity of the traditional lending guidelines.

When someone is buying a Bank Owned property or a Foreclosure off the courthouse steps, simulated or actual cash closings are often required.

Having been involved in the foreclosure auction market over the last 10 years, DataSnap Foreclosures and its founder’s have created a working relationship with Rain City Capital as its primary Hard Money Lender. Rain City Capital is willing and able to provide multiple lending options tailored to almost any investor’s needs.

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