New York Private Money Loans

Private Money Lender in New York

A private money loan can be an important step in growing your real estate portfolio. These loans are used for investment properties and can give an investor the capital they need to quickly acquire a property and then resell it after a flip. For a fix and flip business strategy, some type of private money loan is essential to maximize your reach. Foundation CREF Offers both short-term real estate loans as well as long-term rental loans to qualified investors who wish to expand their portfolio of properties in New York. You want a lender who can push your deal through, regardless of whether it is a cosmetic touch up or a full blown renovation and remodel. Indeed, real estate investment can be a highly profitable enterprise with the right lender. For New York Real Estate Investing, Foundation is that lender.

Our shareholders have access to properties not yet available on the MLS (Multiple Listing Service), and this gives Foundation another advantage for the real estate investor. By giving exclusive access to off market properties, a private money loan can be paired with a property which is suitable for investor acquisition. Foundation’s dual background in real estate and lending enables us to help you get both parts of this equation right.

Our New York Private Money Rates

• Single Family Homes, Condominiums and Multifamily Apartments
• Loan Amount - $75,000 to $10,000,000 per property
• Interest Rates - Starting at 10.50%
• Interest Only Payments
• Loan Term - 12 to 24 Months, Prepayable
• Loan Advance - Up to 90% of Purchase Costs, Up to 100% of Rehab Budget

Flipping Real Estate in New York

Our analytical tools can help you make a simple and straightforward calculation of whether your investment is likely to be profitable and whether it fits your business strategy. Call Foundation CREF today to start investing in New York!

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