Investment Property
Investment property loans from hard money lenders allow real estate investors to quickly acquire investment properties such as single family residences, multifamily residences, apartment buildings and commercial property. Hard money loans can be funded within days..
Bridge Loans
A short-term loan borrowed against an existing property to finance the purchase of a new property. Once the new property is purchased, the original property is sold to pay off the loan. Bridge loans are common for borrowers with equity in their property but not enough cash to purchase a new investment.
Purchase
Hard money purchase loans are available to real estate investors who need rapid funding in order to secure a property. In a situation where a real estate listing is receiving multiple bids, a hard money loan offer will standout among offers with conventional financing and have a higher likelihood of being accepted.
Commercial
Commercial hard money loans are available for various property types including office buildings, retail, industrial, multifamily, healthcare and other special purpose property. Fast access to funding without the application process required by commercial lenders.
Land
Land loans are available to real estate investors who have a down payment and have plans to develop the property within the near future. The property must have some level of improvement (access, utilities, grading, etc.). Infill lots have the best chance of receiving funding.
Construction
Construction loans are available with financing up to a certain LTC. Loan to cost is calculated as the land cost plus the total construction cost. The likelihood of securing a construction loan is often much higher if the real estate investor already owns the land free and clear.