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David Chera

Express Capital Financing’s Senior Vice President

Looking for a loan? Need some expert lending advice? Get in touch with David, Express Capital Financing’s co-founder and Senior Vice President, by phone or email. He’ll be more happy to explore your opportunity and help you uncover the perfect lending options just for you.

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About David

David’s fervent commitment to the business and real estate finance industry, led him to co-found Express Capital Financing in 2016. As the VP and head of Underwriting and Credit, David wears multiple hats. His day-to-day responsibilities include overseeing tech integration, sales strategies, investor relations, and ensuring the seamless operation of each individual deal.

Under David’s leadership, Express Capital Financing continues to excel and has managed portfolios in excess of $200 million and has successfully closed over $700 million in loans since its inception. These loans empowered our borrowers to capitalize on potential opportunities that would otherwise not be available to them through traditional means.

With a deep understanding of finance and his commitment to excellence, David continues to pave the way for success in the ever-evolving world of lending.

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Compare Our Loan Programs

Whether you’re looking for capital for a Fix & Flip, Rental, or Commercial property, we have a program to meet your needs.

nt_header_0Fix & Flip Loans
Project Type1-4 Unit Residences, Condominiums, Townhomes
Loan Amount$75,000 – $5,000,000
Loan To Value (LTV)Up to 90%
Rent Coverage RatioNot Applicable
Loan Term12-36 Months
Interest RateStarting at 9.99%+
Rehab Financing100%
Proceed UsagePurchase, Refinance, Renovation, Bridge, Cashout
Those Who QualifyUS Citizens, Foreign Nationals, Permanent Resident Alien
Minimum Credit Score620 (Lower is case-by-case)
Points2%+
Pre-Payment PenaltyNone

nt_header_0Ground Up Construction
Project Type1-4 Unit Residences, Condominiums, 5+ Unit Multi Family, Mixed Use
Loan Amount$75,000 – $10,000,000
Loan To Value (LTV)Up to 90% LTC
Rent Coverage RatioNot Applicable
Loan Term12-36 Months
Interest RateStarting at 9.99%+
Rehab Financing100%
Proceed UsagePurchase, Refinance, Renovation, Bridge,
Those Who QualifyUS Citizens, Foreign Nationals, Permanent Resident Alien
Minimum Credit Score620 (Lower is case-by-case)
Points2%+
Pre-Payment PenaltyNone

nt_header_0Multi Family/Mixed Use Bridge Loans
Project TypeMulti Family (5+), Mixed Use
Loan Amount$500,000 – $10,000,000
Loan To Value (LTV)Up to 75%
Rent Coverage Ratio1.1x
Loan Term12 to 36 Months
Interest RateStarting at 10.5%+
Rehab Financing100%
Proceed UsagePurchase, Refinance, Cashout
Those Who QualifyExperienced or Newbies to Real Estate
Minimum Credit Score650 (Lower is case-by-case)
Points2%+
Pre-Payment PenaltyNone

nt_header_0Large Balance Bridge Loans
Project TypeApartments, Single-Use, Office, Light Industrial/Warehouse, Retail, Mixed Use Buildings
Loan Amount$1,000,000 – $30,000,000
Loan To Value (LTV)Up to 80%
Rent Coverage Ratio1.1x
Loan TermUp to 36 Months
Interest RateStarting at 9.9%+
Rehab Financing100%
Proceed UsagePurchase, Refinance, Cashout
Those Who QualifyUS Citizens, Foreign Nationals, Permanent Resident Alien
Minimum Credit Score650 (Lower is case-by-case)
Points3%+
Pre-Payment PenaltyNone

nt_header_0DSCR
Project TypeSingle Family Residential, Multi-Family (2-4 Units), Condominiums, Townhomes
Loan Amount$50,000 – $3,000,000
Loan To Value (LTV)Up to 80%
Rent Coverage Ratio1.0x (No DSCR Available)
Loan Term5/30, 7/30, 10/30, Fixed 30/30
Interest RateStarting at 7.25%+
Rehab FinancingNot Available
Proceed UsagePurchase, Refinance, Cashout
Those Who QualifyUS Citizens, Foreign Nationals, Permanent Resident Alien
Minimum Credit Score650
Points1.5%+
Pre-Payment PenaltyOptions of: None, 1.0.0 or 3.0.0, 3.2.1 or 5.4.3.2.1

nt_header_0DSCR Portfolio
Project TypeSingle Family Residential, Multi-Family (2-4 Units), Condominiums, Townhomes
Loan Amount$250,000 – $50,000,000
Loan To Value (LTV)Up to 80%
Rent Coverage Ratio1.0x
Loan Term5/30, Fixed 30/30
Interest RateStarting at 7.5%+
Rehab FinancingNot Available
Proceed UsagePurchase, Refinance, Cashout
Those Who QualifyUS Citizens, Foreign Nationals, Permanent Resident Alien
Minimum Credit Score660
Points1.5%+
Pre-Payment PenaltyOptions of: 5.5.5 or 5.5.5.5.5, 3.2.1 or 5.4.3.2.1

nt_header_0Lite Doc Commercial Mortgages
Project TypeApartments (5-21+ Units), Industrial, Warehouse, Multi Family, Shopping Centers, Offices, And Many More..
Loan Amount$100,000 – $50,000,000
Loan To Value (LTV)Up to 80%
Rent Coverage Ratio1.2x
Loan Term5/7/10/15 or 30 Years
Interest RateStarting at 8%+
Rehab FinancingNot Available
Proceed UsagePurchase, Refinance, Unrestricted Cash Out
Those Who QualifyUS Citizens, Foreign Nationals, Permanent Resident Alien
Minimum Credit Score650
Points2%+
Pre-Payment PenaltyOptions of: 5.5.5 or 5.5.5.5.5, 3.2.1 or 5.4.3.2.1

nt_header_0Full Doc Commercial Mortgages
Project TypeMulti Family, Mixed Use, Retail, Self-Storage, Warehouse, Light Industrial and other commercial assets
Loan Amount$100,000 – $75,000,000
Loan To Value (LTV)Up to 75%
Rent Coverage Ratio1.25x
Loan Term3/5/7/10/12/15/18, or 25 Year
Interest RateStarting at 6.25%+
Rehab FinancingNot Available
Proceed UsagePurchase, Refinance, Unrestricted Cash Out
Those Who QualifyUS Citizens, Foreign Nationals, Permanent Resident Alien
Minimum Credit Score650
Points2%+
Pre-Payment PenaltyMutiple Options Available

Why Choose Express Capital Financing

Quick Funding

Get fast, reliable financing to seize opportunities with unmatched speed.

Maximum Leverage

Maximize your real estate portfolio effortlessly with higher leverage.

Unmatched Flexibility

Enjoy tailored loans that flexibly adapt to your needs and goals.

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Insights & Resources

From powerful deal calculators that demystify complex financial scenarios to thought-provoking blogs that unravel industry trends, from exclusive events and webinars to our trusted affiliate partners – this is your go-to hub for staying ahead and making informed decisions in real estate.

Deal Calculators

Webinars

Affiliate Partners

Insights & Resources

From powerful deal calculators that demystify complex financial scenarios to thought-provoking blogs that unravel industry trends, from exclusive events and webinars to our trusted affiliate partners – this is your go-to hub for staying ahead and making informed decisions in real estate.

Affiliate Partners

Find out more

FAQ

We know how challenging it can be for landlords and commercial property owners/investors to secure funding for real estate. At this time, we only provide financing to commercial clients/investors who are LLCs and corporations for nonowner-occupied properties.

We provide funding nationwide, with the exception of the following states: Nevada, South Dakota and North Dakota

Our closing process can be as short as 7 days. After the first deal is in, we can close in 5-7 days. Our processing clock starts from the initial point of contact.

We do not provide 100 percent funding on all deals. We provide 100 percent financing for rehab expenses. For purchase contracts, we provide up to 90 percent in funding. On rehab properties, we provide financing based on the after-rehab value (ARV). Rehab borrowers can receive 75% of their property’s ARV. 

Costs that borrowers are expected to cover themselves include any over budget expenses for rehab properties, loan interest and settlement fees.

The application process is fast and simple. Ideally, we expect potential borrowers to include in their loan application a deal summary, proposed scope of work and purchase contract. 

Depending on the deal, we may also ask for property comparisons. We’ll review your application and contact you right away to discuss your investment opportunity and inform you about lending requirements and borrower expectations.

We do not require any money from you upfront. Appraisals are required for all approved applications. You do not pay any fees until you receive our terms and conditions sheet regarding your deal.

We know that real estate deals are time-sensitive matters. We encourage you to complete the prequalification process to know exactly where you stand with us. Our loan experts do not believe in wasting your time or giving you the runaround. 

Once you complete the prequalification/preapproval process, you’ll hear back from us within 24 hours. Our loan professionals speak to and meet with all borrowers before closing.

If you have a question that is not answered here or on our full FAQ page, or you are ready to apply to get the funds you need right away, contact us at Express Capital Financing to let us know. We’ll be more than happy to address your concerns, and clear up any confusion you may have and get your funding underway.

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