Multifamily bridge loans Charlotte, NC

LendingOne – Best Multifamily bridge loans near Charlotte

LendingOne is a North Carolina private money lender offering short-term mortgage loans to real estate investors in NC - CharlotteDurhamFayettevilleGreensboroRaleighWinston-Salem. Get a private money loan for a property purchase, refinance, equity cash out, rehab or new construction purchase.

Multifamily bridge loans

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:

  • Reliable source of financing for apartments of 5 units or more
  • Flexibility and capital to take your value-add projects to the next level

Advantages of our Multifamily Bridge Loans Charlotte

  • Loan amounts from $500K to $25M
  • No interest on unused construction funds
  • Up to 85% LTC
  • Closings in as little as 20 business days
  • No DSCR minimum required at purchase

Ready to get started on your Apartment bridge loan?

Get ahead of the competition in the Charlotte real estate market. Speak to a Multifamily Bridge expert today by calling 866-918-1974

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Multifamily bridge loans near Charlotte, NC

Apartment Bridge Loans

For Sponsors interested in a reliable source of financing for their apartment buildings, our Bridge Loans are a perfect choice. With leverage up to 80% for the purchase amount and up to 100% of the repair costs, LendingOne’s Multifamily Bridge Loans give investors the flexibility and capital to take their value-add projects to the next level.

Charlotte Hard Money Real Estate Market

Foreclosure Rates for Charlotte, NC

When the Charlotte, NC real estate market is short on inventory,Multifamily Bridge 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 loan to help with the purchase of one of these deals.

Get 5 Steps Closer To Growing Your Fix and Flip Business near Charlotte

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Sales Prices for Charlotte

As available homes in Charlotte, NC begin to dwindle, prices will drive upwards, opening up great opportunities for Multifamily Bridge 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 investors apply for when seeking financing.

Rental Prices for Charlotte

For Multifamily Bridge investors in Charlotte, NC who may be interested in purchasing a Multifamily Bridge property to rent out, they can capitalize on this market. Examine what rents have averaged in Charlotte, NC and see whether they have increased or decreased over the last few months. Rising rents indicate a stronger demand in rental properties.

Driving Factors for the Charlotte Real Estate Market

Education: Charlotte is home to one of the highest educated workforces in the country, greatly due in part to the surrounding top ranking schools in the Charlotte, NC area.
Economy: Charlotte’s top employers are driving growth in the real estate market including General Hospital.
Businesses: According to the Charlotte Chamber of Commerce, Leisure & Hospitality, Professional & Business Services, and Education & Health Services have seen high job and wage growth.