Your Trusted Source for New Jersey Residential and Multi-Family Hard Money Loans
Residential and multi-family properties are great assets for a real estate investor as they provide steady cash flow and potential for capital appreciation. A multi-family property offers the potential for simultaneous income from multiple rental units.
However, when it comes to multi-family real estate investing, financing can be difficult to obtain if you don’t have perfect credit, a long history of successful investments, or deep pockets. That’s why many investors turn to a New Jersey residential and multi-family hard money loan from Stone Commercial Capital.
A hard money loan is a type of private money loan that provides financing to a real estate investor and is secured by the value of their properties. Private money lenders provide capital quickly and without the need for perfect credit or a long history of successful investments. The property itself serves as collateral for the loan.
Quick, Reliable Funding Solutions for New Jersey Real Estate Investors
When investing in residential and multi-family real estate, it’s important to have access to quick, reliable financing as time can make or break a real estate deal. You need a New Jersey hard money lender who moves fast and can provide the capital you need when you need it.
Stone Commercial Capital has a deep understanding of real estate investing and the New Jersey market, so you can rest assured we provide the fast, reliable financing solutions you need. We will assess your finances and provide you with a comprehensive private money loan package tailored to your individual needs. Our goal is to help you close your deal as quickly as possible.
Benefits of a New Jersey Residential and Multi-Family Hard Money Loan
Financing for properties that traditional lenders won’t finance: Properties that are in need of rehab, foreclosure/short sale properties, and estate sales are rarely financed by traditional lenders. However, with a hard money loan from a New Jersey Hard Money Lender, real estate investors can easily access the capital they need to finance these types of properties.
Flexible loan terms and repayment schedules: Hard money lenders are more flexible with their loan terms and repayment schedules
Fast turnaround on loan decisions and closings: Since hard money loans are backed by the asset itself and not necessarily the borrower, they can be closed quickly. Typical loan decisions can take just a few days, while closing of the loan can take place within a few weeks.
Ability to leverage existing equity in the property: With a New Jersey Hard Money Loan, real estate investors can leverage their existing equity in the property to access additional capital. This is especially beneficial for those who have already invested in the property and need additional funds to complete projects.
No prepayment penalties: Hard money lenders typically don’t charge prepayment penalties, so real estate investors can pay off their loans early without facing additional fees.
Expert advice and guidance: When working with a New Jersey Hard Money Lender, real estate investors can get access to expert advice and guidance. This can help them understand the process and make more informed decisions about their investments.
Types of Multi-family Properties We Finance
Stone Commercial Capital provides hard money loans for a variety of multi-family properties, including:
Mixed-use buildings
Condominiums
Townhomes
Duplexes
Triplexes
Quadplexes
Apartment buildings (greater than 5 units)
Regardless of your investment strategy, we will provide you with the capital you need to make it a reality. These include:
Refinancing
Purchase
Repair
Rehabilitation
Cash-out
Bridge Loans
Achieve Your Goals Faster with New Jersey's Premier Hard Money Lender - Stone Commercial Capital
Stone Commercial Capital is a foremost New Jersey hard money lender that offers residential and multi-family hard money loans. Having access to capital is the key to unlocking your real estate investing potential. We specialize in helping connect investors with hard money loan solutions that give them the financial freedom they need to achieve their goals. With our deep understanding of the market and our flexible loan terms, you can be sure to find the perfect financing solution for your needs.
