Real Estate Acquisitions
Borrowers interested in purchasing commercial, industrial, or residential real estate may find that credit ratings, legal obstacles or conditions related to the property itself (such as liens, unfinished building, damages, etc.) may prevent institutional lenders from fulfilling borrowers’ needs.
In these circumstances, private money loans offer the ideal short-term solution. Private money funding can provide the bridge financing needed to cure many situations, so the property can either be sold or institutional financing can be obtained.