SIMPLE, PROVEN STRATEGY
OUR BORROWERS EMPLOY A SIMPLE STRATEGY
Buy real estate at a discount to replacement cost, or build it at attractive prices using our construction and development expertise, with the right long-term fundamentals in place.
Improve the asset or fix what is broken. Making the right physical improvements, bringing in the right long-term tenants, and establishing working relationships with them to grow business.
Finally, sell the asset to the right long-term buyer, or hold the asset and collect consistent cash flows. In both cases, we maximize the value for our investors.
LOAN INFORMATION
Property Types (Non-Owner Occupied)
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Single Family Homes
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Single Family Home Subdivisions
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Multi-family & Apartments
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Office Buildings
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Retail Buildings and Strip Malls
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Land Development
Loan Types
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100% Construction Costs
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Renovations & Rehabilitation Loans
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Flips (buy, renovate & sell)
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New Construction – Residential / Commercial / Retail
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Additions / Expansion
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Condominiums & Multi-family Conversions
General Loan Parameters
Borrower Profile:
Investors Only, No Owner Occupants
Loan Size:
$100,000 - $3,000,000
Loan Term:
Twelve (12) Months
Lending Areas:
New York and Connecticut
Interest Rate:
as low as 11%
Origination Fees:
as low as 2%
Loan To Value:
Up To 75% (as renovated/complete value)
Payment:
Payments are Interest-only, Due Every 30 Days
Closing:
7 Business Days – Subject To Title
Collateral:
First Mortgage, Real Estate Only
Credit Req:
No Borrower Credit Check
Appraisal:
Not Required