BD Capital

About BD Capital

BD Capital is a Watchung, NJ based hard money lender who provides funding throughout the following locations: Essex County, Hudson County, Middlesex County, Monmouth County, Ocean County, Atlantic County, Cape May County, Kings County, Westchester County, Queens County, Nassau County, and Suffolk County. They offer short term bridge loans, private commercial loans, short term fix and flip loans, and long term rental property loans. They issue terms up to 1 year and loan amounts ranging from $100,000 to $2,000,000. They make loans on various property types, including single family, multi family, office buildings, mixed use spaces, retail spaces, apartments, and warehouses.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Office, Mixed Use, Retail, Apartment, Warehouse

Areas Served: Essex County, Hudson County, Middlesex County, Monmouth County, Ocean County, Atlantic County, Cape May County, Kings County, Westchester County, Queens County, Nassau County, Suffolk County

Lending Guidelines for BD Capital

Below are the general loan guidelines published on the BD Capital website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by BD Capital.

Loan Example 1

Inez is a house flipper in Brooklyn, NY. She discovers an older property and wants to rehab it and sell it for a profit. The house has a cost of $340,000 but she doesn't have the full amount so she obtains a fix-and-flip loan with BD Capital. Since the lender sets a 50% loan-to-value, Inez will have to put 50% down and the principle amount of the loan will be $170,000. The parameters of the loan dictate a 12% note for 12 months. They also stipulate a 1 point origination fee, that will also need to be paid when the property closes.

According to the terms of the note, Inez will have to pay a $1,700 origination fee in addition to 50% of the sales price, or $170,000, based on the 50% LTV. she must then pay $1,700 per month to the lender. If Inez meets her goal of a $425,000 sales price when the loan term expires, she would make a total profit of $62,900 after re-paying the principle and deducting the cash she brought to closing, the origination fee, and the total monthly interest payments.

Loan Example 2

David locates a duplex in Brooklyn, NY to remodel and resell. Since he does not have enough cash to buy the property outright, he takes a fix and flip loan from BD Capital with the following parameters:

$360,000 sales price
85% loan-to-value (LTV)
12 month term
8% rate of interest
5% origination fee

Once the renovation project is complete, if David sells the project for $540,000, the numbers would be the following:

$540,000 sales price
- $306,000 principle on note (85% LTV)
- $54,000 down payment (15% on 85% LTV)
- $15,300 origination fee (5% of the $306,000 principle amount)
- $24,480 interest payments (12 months x 8% interest)
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= $140,220 total profit (does not include taxes or rehab costs)

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