Bridge Loans
Short Term Money Access
If you are planning to become or already are a Real Estate Investor, oftentimes, you are thinking about finding the perfect property. There are several common mistakes when buying a property, and many potential investors fall into these pitfalls. Oftentimes, new investors focus on the aesthetics of the property, the properties location, or what properties they can afford with cash-on-hand. These areas of investing for purchasing a property are important; however, there are ways to increase your ROI and cap rates by having access to more money, quickly, through proper lending.
Full Scale Realty, LLC offers bridge loans to new or existing real-estate investors, hassle-free. Bridge-loans are an important tool in the arsenal of any real-estate investor. Oftentimes, large banks will not grant loans for properties that need extensive construction, properties that don’t immediately show positive cash flow, or for properties which are not owner occupied. Another hurdle with financing an investment property, is securing funds if you are investing in property through an LLC or other business entity. All of these hurdles can prevent a potential investor from acquiring an investment property. This is where our bridge-loan service can help your property investment portfolio thrive.
Full Scale Realty, LLC both acquires and manages properties in the New York City area. As a full-service property solution company, we understand the financial hurdles of finding the perfect investment property, whether you’re a flipper or hold and rent investor (sometimes hard money lenders only target flippers), but not having a bank willing to service your loan. Our bridge lending program offers loans starting at 100,000 and go as high as 1,000,000. Full Scale Realty, LLC loans vary depending on your needs. We offer loans for multi-family units, construction loans for properties that need extensive construction to reach their income potential, and other various types of properties with the potential to generate positive income. Our loan terms are flexible and we offer lending for 3 months; 6 months; and 1 year terms, with the chance to renew if you more time is needed. Our application and approval process for your loan is quick and transparent with no hidden terms. Once we receive all the necessary information to fund your deal, we are able to fund any approved loan within 1-3 business days. With our quick, transparent loan process, you will not miss out on your next big deal.