Dimension Equities

About Dimension Equities

Dimension Equities is a New York, NY based private money lender who provides funding throughout New York City. They provide fix and flip loans, commercial loans, loans for rental properties, short term loans, and cash out loans. They issue terms between 1 year and 3 years, loan amounts ranging from $500,000 to $15,000,000 with a maximum LTV of 65%, and rates starting at 8.5% . They make loans on various property types, including single family homes, multi family, office buildings, retail units, and raw land.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Office, Retail, Land

Areas Served: New York City

Lending Guidelines for Dimension Equities

Below are the general loan guidelines published on the Dimension Equities 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 Dimension Equities.

Loan Example 1

Ramon closes on a $260,000 renovation project in Cos Cob, CT, using a fix-and-flip loan from Dimension Equities. Since the lender agrees to a 70% loan-to-value, Ramon will have to put 30% down and the principle amount of the note will be $182,000. The parameters of the loan dictate a 9% note for 18 months. They also stipulate a 2 point origination fee, that will also have to be paid upon closing.

In addition to paying the $3,640 origination fee, Ramon will also need to fund $78,000 of the purchase with his own money, or 30% of the purchase price. The lender will collect $1,365 in monthly interest payments from the Ramon. This is computed by taking the full note amount of $182,000, multiplying by the 9% rate of interest, and then dividing that number by 12. If Ramon sells the remodeled house for $390,000 at the end of the 18 month term, his gross profit (not accounting for rehab costs) would be $101,790. This is computed by taking the purchase price ($390,000) and subtracting the original note amount ($182,000), the origination fee ($3,640), the funds he brought to closing ($78,000), and the total interest payments ($24,570).

Loan Example 2

Brian is a real estate investor in Cos Cob, CT. He purchases an older townhouse for a renovation project and obtains a hard money loan from Dimension Equities with the following terms:

$230,000 sales price
75% loan-to-value (LTV)
12 month term
8% rate of interest
2% origination fee

Once the rehab project is finished, if Brian sells the property for $345,000, the numbers would be as follows:

$345,000 sales price
- $172,500 loan principle (75% LTV)
- $57,500 down payment (25% on 75% LTV)
- $3,450 origination fee (2% of the $172,500 principle amount)
- $13,800 interest payments (12 months x 8% interest)
-----------------------
= $97,750 total profit (doesn't include taxes or rehab costs)

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