About
JMJ North Coast Capital is a private lending brokerage built for real estate investors. We place loans from small single-family rentals to mid-market commercial projects through a network of 150+ lenders we know personally.
Andrew Ziebro, the founder, has invested in real estate for 11 years and has used non-bank financing on his own projects. We don't just close loans. We help you think through the whole deal so the financing fits the plan.
Meet the founder. Private lending since 2018, JMJ since April 2020, 350+ investor loans placed. He still runs every file himself.
Sanford, Florida based. Cleveland, Ohio focused. Lending nationwide. Ten years of Cleveland relationships, and lenders who like small-balance deals.
How We Work
I answer all calls
You talk to a person who has done this hundreds of times, not a form.
150+ lenders, known personally
Not just by rate sheet. I know who closes what.
One point of contact
Me, from first call to closing. No hand-offs.
(01)Strategy call
Property, numbers, plan.
(02)Term sheet
Shopped to the lenders that fit.
(03)Documents
Only what this lender needs.
(04)Submission
One clean package. No drips.
(05)Closing
Appraisal, title, insurance, funded.
Loans Offered
Six programs. Newer investors welcome on every one. Tap a program for terms.
Leverage and minimums shown are what at least two of our active lenders deliver today. Your terms come on a term sheet after a call.
(01)Long Term Rentals (DSCR)+
- Qualify on the property's rent. No tax returns, W-2s or personal income docs.
- Up to 80% LTV on purchases and rate-and-term refinances, up to 75% on cash-out
- 30 year fixed, 5/7/10 year ARM and interest-only options
- Vacant purchases and vacant refinances allowed. Lenders use the appraiser's market rent.
- Little to no seasoning. With some lenders you refinance as soon as the rehab is done.
- Loans from $50,000 (property value minimum $75,000)
- Small Cleveland deals are our specialty
- First-time landlords welcome
(02)Fix & Flip and Bridge+
- Up to 90% of purchase price and 100% of rehab costs
- Up to 75% of after-repair value
- First-time flippers welcome
- Interest-only payments, 6 to 18 month terms
- Loans from $50,000. Small Cleveland deals are our specialty.
- Purchase, cash-out bridge and delayed purchase refinance
(03)Portfolio Rental Loans+
- 2 or more rentals on one loan, one payment
- Single family, 2 to 4 units and small multifamily in one package
- One appraisal set, one closing, one set of lender fees
(04)New Construction+
First-time builders welcome.
- Land and construction costs financed, up to 85% of total project cost
- Single family and 2 to 4 unit projects
- Interest only, and only on funds drawn
- 12 to 24 month terms
- Loans from $100,000 to $5,000,000
(05)Multifamily Bridge & Perm+
- 5+ units. Value-add purchases with rehab funds, up to 75% of cost
- Stabilized purchases up to 80% LTV, cash-out refinances up to 75%
- Bridge terms 12 to 24 months
- Permanent loans: 30 year fixed, 5/7/10 year hybrid ARM, interest-only options
- Mixed use with a residential majority
- Loans from $250,000. Smaller 5 to 8 unit deals from $100,000 case by case.
(06)Short & Mid Term Rentals / Padsplit+
- Short term rentals: qualify on 12 months of booking history, or on projected income (AirDNA) with select lenders. Up to 75% to 80% LTV.
- No STR history yet? We qualify the property on long term market rent and you run it as an STR after closing.
- Mid term rentals: furnished 30 to 90 day leases and month to month tenants qualify as long term rentals with several lenders. Others treat anything under 12 months as STR. We know which is which.
- Padsplit and room-by-room rentals: financing is limited. Lenders want 12 months of operating history and a house with no major modifications. The route that works: buy and rehab to normal rental specs, refinance vacant on market rent, then finish the Padsplit conversion after closing. Call us first and we map it out together.
- We own and operate a Padsplit in Cleveland ourselves
Deals Funded
From a $60,000 rental to a ten-property portfolio. All closed through JMJ.
Request a Quote
The same basics I would ask on the phone. I call you back with real numbers.