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Investment Property Loans in Crooks, South Dakota
A total of 12 records for investment property private money lenders were found in Crooks, SD. The mean note amount in this city is $617,857. Interest rates for loans average about 9.7%. The average note issued in this city has a term of 96 months. The average origination percentage charged for loans is 3.6%. The typical loan to value (LTV) for loans in Crooks is 72%.
Loan Example 1
Randy wants to purchase an investment property in Crooks, SD for $210,000 with a hard money loan from East Side Funding. The lender loans Randy 80% of the list price of the property (LTV), so he will need to put down the remaining 20%. The other terms of the loan are the following: 1) a 3 year, interest-only note, 2) a 9% interest rate, and 3) a 4% origination fee charged at closing. According to the terms of the deal, Randy's interest payments will be $1,260 monthly. He will also need to bring $42,000 in cash at closing in addition to the $6,720 origination fee. Upon expiration of the loan, he will have to return the $168,000 loan principle in a final balloon payment.
Loan Example 2
Suzanne is an investor in Crooks, SD. She finds a rental property she wants to acquire for $150,000 but she is short on funds so she takes out a private money loan from All State Funding Corporation. The lender loans Suzanne 50% of the list price of the investment property (LTV), so she will have to fund the other 50%. According to the terms of the deal, the note will be for 3 years at 11% interest. An origination fee of 4% will have to be paid when the deal closes and Suzanne will have to make interest-only payments with a balloon payment for the principle due at the end of the deal. According to this scenario, Suzanne will will be required to make these payments: 1) $75,000 down payment when the deal closes (due to the 50% LTV), 2) $3,000 in origination fees (4% x $75,000 principle), and 3) $688 monthly in interest payments.
HardMoneyLoans.com is a national lender based in Beverly Hills, CA that can get your loan funded from $250k-$75M for all kinds of real estate projects. We specialize in hard money loans for all commercial and residential properties types, bridge loans, ...
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Harbor Private Equity
1075 Peachtree Street NE, Suite 3650
Atlanta, GA 30309
We want to see any commercial transaction that makes sense. The principals at Harbor Private Equity have over 75 years experience in the hard money, bridge loan marketplace. We specialize in raw land, development, construction and bridge loans for non-owner ...
Stratton Equities
28 Bloomfield Avenue
Pine Brook, NJ 07058
Stratton Equities is the Leading Nationwide Direct Private Money & NON-QM Mortgage Lender that specializes in fast and flexible lending processes. We have the largest library of private money and NON-QM nationwide loan programs under one roof. Our team is ...
New Silver
2475 Albany Ave #203B
West Hartford, CT 06117
New Silver is a fintech that provides fast financing to real estate investors who focus on fix and flip residential projects. New Silver’s software accelerates, automates and streamlines loan originations, while using data to reduce default risk. You can get ...
REI Capital
5660 Strand Court
Naples, FL 34110
REI Niche Programs - CA NO appraisal 1st position loans - 65% LTV; 2nd position loans - 60% CLTV, NO minimum FICO, Defaults, foreclosure bail-outs, and bankruptcies OK, 6 mo prepay, cross multiple properties, Rural lower LTVs on a case-by-case ...
Capstone Financial
3014 N. Hayden Rd Suite 115
Scottsdale, AZ 85251
Capstone Financial is a Scottsdale, AZ based hard money lender who provides loans all across the US. They provide lending solutions for a variety of needs and situations, including cash out loans, fix and flip hard money loans, short ...
ABC Capital Investments
1218 N. Marshall Street
Philadelphia, PA 19122
ABC Capital Investments is a Philadelphia, PA based private lender who offers loans all throughout the US. They provide lending solutions for many different scenarios, including long term rental property loans and short term fix and flip loans. ...
Gokapital Mortgage
2150 Coral Way | Suite 1A
Miami, FL 33145
Gokapital, Inc. is a Miami, FL based private lender who provides funding all throughout the US.Providing lending solutions for a variety of situations, including loans for rental properties, cash out, hard money loans, fix-and-flip loans, hard money loans for commercial ...
Aegis Funding
2100 Main Street, suite 265
Huntington Beach, CA 92648
Aegis Funding is hard money lender based in Huntington Beach, CA. They provide loans throughout California. They offer lending solutions for a variety of needs and situations, including fix and flip loans and long term rental property loans. They issue ...
Lend Some Money
42 Thompson Street, Suite 1A
East Haven, CT 06513
Lend Some Money is a national private lender that makes hard money commercial loans for the refinance or purchase of non-owner-occupied residential and mixed-use commercial properties. Its industry-leading technology platform allows it to provide real estate investors and brokers ...
Money Source of America
4446 Hendricks
Jacksonville, FL 32207
Money Source of America is a Jacksonville, FL based private lender. They provide funding throughout the United States. They offer long term rental property loans, fix-and-flip loans, cash out hard money loans, ground-up construction loans, hard money bridge ...
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