Firefly Lending | Private Capital for Real Estate Investors
Firefly Lending

Private Capital
for Real Deals

Winston-Salem, NC  ·  Private Real Estate Lending  ·  Mark Watkins

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About the Lender

Mark Watkins

I am a private lender and real estate investor based in Winston-Salem, North Carolina. My investing career has been built through active real estate acquisition, and my lending capital is funded through a self-directed retirement account accumulated entirely through real estate returns.

I am not a bank, a fund, or an institution. I am an individual investor who understands the mechanics of a deal, evaluates each opportunity on its own merits, and moves quickly when the numbers make sense.

I have served on the board of the local REIA and have been part of this investor community for years. I lend to people, not just deals.

  • Self-directed IRA funded through active real estate investing
  • Experience with fix-and-flip, buy-and-hold, and wholesale acquisitions
  • Former board member, Winston-Salem REIA
  • Generates promissory notes and amortization schedules in-house
  • Assists borrowers with payment setup and loan servicing
  • Evaluates each deal independently, including property position and margin
  • Fast turnaround with no institutional red tape
  • Lending focus: rehab loans, bridge financing, light rehab for BRRRR
Lending Parameters

Terms at a Glance

All terms are deal-dependent. The ranges below represent typical parameters. Final terms are determined after independent deal evaluation.

Interest Rate
8–12%
Annualized. Rate scales with loan-to-value, term length, and collateral position.
Loan Term
6–24 mo
Shorter terms carry higher rates. Longer terms may qualify for rate relief.
Origination Points
2 pts
Typically 1 point at origination, 1 point at payoff. Adjustable by deal structure.
Loan Amount
Up to $42K
Suitable for bridge loans, rehab draws, and light BRRRR financing.
Payment Types
P&I / I/O
Principal and interest, or interest-only with balloon. Structured to fit your exit.
Collateral
1st Lien
First lien position preferred. Second position considered case-by-case with adjusted terms.
Prepayment Policy: Loans paid off within 75% of the agreed term are subject to a prepayment penalty. The penalty is structured so that early payoff does not reduce the lender's return below a meaningful threshold. This protects the cost of capital for both parties. Specific penalty terms are disclosed at closing.
Collateral & Deal Criteria

What I Look For

Property Type
Residential real estate. Single-family preferred. Multifamily considered on a case-by-case basis.
Lien Position
First lien is the default. Second lien considered where sufficient equity exists, with rate and term adjustments to reflect added risk.
Loan Purpose
Fix-and-flip rehab, bridge financing for closing, light rehab for buy-and-hold or BRRRR strategy.
Loan-to-Value
Deal margin is independently evaluated. Strong equity coverage improves rate eligibility and approval likelihood.
Exit Strategy
Clear, realistic exit required. Sale, refinance, or stabilized hold all acceptable. Timeline must align with loan term.
Borrower Profile
New and experienced investors considered. Experience level factors into rate. Character and communication matter.
Deal Inquiry

Submit Your Deal

Fill out the form below and I will review your inquiry personally. All submissions are confidential. I typically respond within 48 hours. If you have an urgent timeline, note it in the deal description.

$25,000
10.0%
AUTO-SET · Based on loan amount and term
12 mo
Estimated Payment Preview  ·  Illustrative Only  ·  Final Terms Set at Closing
Monthly Payment
$--
Balloon at Maturity
N/A
Total Interest
$--
Est. Points (2 pts)
$--
Total Cost of Capital
$--

Your information is shared only with Mark Watkins and is not sold or distributed. All inquiries are reviewed personally.

Firefly Lending is a private individual lender. This is not an offer of securities. All lending is subject to independent deal review and applicable law. Winston-Salem, North Carolina.