There are several listed properties in Rhode Island and you have the chance to snag a deal even when you are low on cash. Our private lenders are willing to provide you with funding for your potential investment property. You can choose to file an online application or you can visit them in one of our offices in Cranston, Warwick, or Providence. We appraise the property with the help of our professional appraisers. Each investment property undergoes pre-qualification processes to find out if the investment is smart or it?ll become just a waste. Once approved by the the appraiser your private loan will be released within a week.
Don't let a great deal pass you by due to the lack of funds. Our private money lenders in Rhode Island 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 Rhode Island and we provide you the best solutions for you and your deal, AssetColumn doesn't make any commission out of any lender in Rhode Island it's just the investor (you) and your RI Private Lender!
Rhode Island borrowers, our lenders love to lend investors with experience Flipping houses in Rhode Island. 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 Rhode Island deals for sale, they might have a very very special rate for you.
Our private money options we operate in Rhode Island.
Participating private lenders are verified, licensed, and have earned and maintain high customer ratings. The average lender in Rhode Island 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?