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Investment Property Loans in Ramona, South Dakota
There are 12 results for investment property private money lenders serving Ramona, SD. Note amounts average approximately $530,357. The median rate for private loans in Ramona is 8.9%. The typical note issued in the city is 76 months in length. The average origination fee applied to loans is 1.9%. Lenders in Ramona average a 77% LTV on their loans.
Loan Example 1
Bernadine decides to purchase a rental property in Ramona, SD which is listed for $270,000. Since she doesn't have enough cash for the deal and cannot obtain a loan from a bank, she takes out a hard money loan from Hometown Lending Company. The lender decides to loan Bernadine 55% of the purchase price of the property (LTV), so she will be required to put down the remaining 45%. By the terms of the loan, the note will be for 3 years at 11% interest. A 1% origination fee will have to be paid at the closing and Bernadine will have to make interest-only payments with a balloon payment for the principle due when the loan expires. According to the terms of the loan, Bernadine's payments will be $1,361 per month. Also, she will be required to contribute $121,500 in cash at the closing in addition to the $1,485 origination fee. Upon expiration of the loan, she will have to return the $148,500 principle in a balloon payment.
Loan Example 2
Brittney wants to purchase an investment property in Ramona, SD which is listed for $160,000. Because she doesn't have enough cash for the deal and can't secure a bank loan, she obtains a private money loan from East Side Funding. The lender loans Brittney 55% of the list price of the property (LTV), so she will need to fund the remaining 45%. The deal also stipulates a 2 year note with interest-only payments at 13%, and a 4% origination fee. Given this deal, Brittney will need to put $72,000 of her own money in the deal in addition to the $3,520 origination fee (4% x $88,000 principle amount). She will then need to make interest payments of $953 per month.
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
Direct Lender Programs - Purchase, Refi, Cash Out, Rehab, Construction, Property Types SFR, 2-4's, Residential Portfolios, Loan Amounts from 250k to 3.5m, Nationwide excluding MN, ND, OR, SD, VT, NV, AZ & UT. -------- All Inclusive Lending Additional Programs ...
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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