Investing in a New York property may seem like an impossible dream for some due to the high prices of the real estate in the area and so many requirements from banks to provide loans. However, with the right private lender, your dream can turn into a reality with minimal burden on your part. If you think about it, getting a bank loan in New York will put you in deep debt, our private lenders will allow you to negotiate the terms of your loan and offer multiple loan options for your investment. Since our private lenders offer a flexible term, the loan will be beneficial for both the lender and the debtor. Our private lenders have offices that are found in the heart of New York City. It allows them to be easily reachable to potential investors, but we also offer the convenience of online loan applications.
Don't let a great deal pass you by due to the lack of funds. Our private money lenders in New York have millions of dollars to lend in real estate investments and are eager to fund. Unlike a bank, our private lenders can quickly look over your deal, and issue the funds immediately.
We have a network of private lenders in New York and we provide you the best solutions for you and your deal, AssetColumn doesn't make any commission out of any lender in New York it's just the investor (you) and your NY Private Lender!
New York borrowers, our lenders love to lend investors with experience Flipping houses in New York. If your deal make sense for the lender he might release the funds almost immediately. And if the deal you're needing funds is from our New York deals for sale, they might have a very very special rate for you.
Our private money options we operate in New York.
Participating private lenders are verified, licensed, and have earned and maintain high customer ratings. The average lender in New York has 10-15 years of experience.
The best home loan experience i ever have had. No pressure, upfront and honest. The process was easy and straightforward.
Robert Ortega
Miami, FL
Frequently Asked Questions
AssetColumn provides this service at no cost. Private lenders set their own interest rates and might charge loan origination fees which typically range from 1 to 4 points. Fees may be negotiable. Typically it's much less than any other loan.
While some private lenders lend their own money, most of them also represent groups of wealthy individuals looking to earn a return on the investment.
In the context of financing, a point is equivalent to 1% of the loan amount. For example, a lender requiring 2 points will charge $2,000 on a $100,000 loan.
Private short-term loan often used by real estate investors to acquire and repair investment properties which can later be resold for profit or refinanced at a higher rate. Hard money loans are approved by the merits of the deal and can be issued within days.
Private lenders may agree to finance up to 100% of the purchase price. A typical lender will only finance 60% to 90%.
Investors with insufficient funds to make a deal happen and are unable to wait for a bank's approval process. Investors involved in the purchase of distressed property, and not eligible for traditional financing.
Funding your real estate investment is no longer a problem, so what are you waiting for?