LendingOne is a New York private money lender offering short-term mortgage loans to real estate investors in NY - AlbanyAmherstBronxBrooklynBuffaloManhattanNorth HempsteadQueensRochesterStaten IslandSyracuseYonkers. Get a private money loan for a property purchase, refinance, equity cash out, rehab or new construction purchase.
Up to 80% for the purchase amount and up to 100% of repair costs
LendingOne Multifamily Bridge Loans can provide the cash you need to grow your real estate investment property portfolio:
Get ahead of the competition in the Bronx real estate market. Speak to a Multifamily Bridge expert today by calling 866-918-1974
When the Bronx, NY real estate market is short on inventory,Multifamily bridge loans investors will sometimes turn to foreclosures, bank-owned properties, or real estate sold at auctions. Research how many properties met this criteria in the past several months before making a decision on a Multifamily bridge loans loan to help with the purchase of one of these deals.
As available homes in Bronx, NY begin to dwindle, prices will drive upwards, opening up great opportunities for Multifamily bridge loans investors to make profitable purchases. Knowing if it is a buyers' or sellers' market will affect the price investors can purchase a property for, how much money they spend in renovations, and ultimately what price they sell the property for. All of these factors will also affect the type of Multifamily bridge loans loans investors apply for when seeking financing.
For Multifamily bridge loans investors in Bronx, NY who may be interested in purchasing a Multifamily bridge loans property to rent out, they can capitalize on this market. Examine what rents have averaged in Bronx, NY and see whether they have increased or decreased over the last few months. Rising rents indicate a stronger demand in rental properties.
Education: Bronx is home to one of the highest educated
workforces in the country, greatly due in part to the
surrounding top ranking schools in the Bronx, NY area.
Economy: Bronx’s top employers are driving growth in the real estate market including General Hospital.
Businesses: According to the Bronx Chamber of Commerce, Leisure & Hospitality, Professional & Business Services, and Education & Health Services have seen high job and wage growth.