Direct with hard money lender (hedge fund) located in NYC. We are able to close loans quickly and smoothly. We will lend on sfr, mixed use, commercial, & multi-family properties. We do not lend on owner occupied primary residences or land.
- LTV fr 45-60%
- Term Sheet provided within a few hours of loan submission
- Loans closed within 7-14 days from receipt of appraisal
- Loans from $150k- $3mill
- Cross collateralization of multiple properties
- We lend based on appraised value, not purchase price
- Not lending in CA, FLA, MI, AZ, or NV at this time
For any scenarios that you have please email the following info & I'll get back to you with terms, etc...
Property type
Value
Owner or non-owner occ
City/State
Loan amount
Why hard money vs. conventional
Exit strategy
Amount of exist liens
If cash out, what cash out will be used for
If there is rental income, how much
Your contact info
Elvis Jelovcic
646.335.7938 Direct
Ejelovcic@Yahoo.com
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