Loan amount
Up to $10M
Loan-to-value (LTV)
80%
Required credit score
None
Required deal experience
None
Rates
12% - 18%
Fees
Varies per project
Address
1170 Pontiac Avenue, Cranston, RI, 02920
About
We are a Rhode Island-based private lending company that brokers private commercial loans for non-owner occupied properties. We do not deal with federal, state, or local taxpayer funds. The funding for our lending comes from private individuals and investment groups. Our approach is a winning formula all the way around. The lender obtains a greater return on their investment than in most traditional investment placements. Investors have the opportunity no matter what the status of their credit or income is to get into the market and make substantial profits. The real estate agents and lawyers earn commissions and fees, often on both the buying and reselling ends of the transaction. The neighborhood's real estate value will increase when distressed properties are turned into vibrant properties. Local tax revenues will also increase, helping municipalities better serve their residents. Moreover, first-time home buyers purchase a completely rehabilitated home without a penny of tax payer dollars being used to achieve this community development.
States
Rhode Island Connecticut Massachusetts New Hampshire Maine

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