Simple, Fast and Secure Investment Property Lending in New York
If you're looking for a place to invest in real estate, you can't go wrong with New York. From Niagara Falls to the Adirondack Mountains, to the many neighborhoods in New York City, there's no shortage of things to see and do, making it a great place to buy a fix and flip or a rental property.
New York Loan ApplicationInvestment Properties in New York
New York is a great place to invest in real estate. The local economy is strong and homes are selling for a median price of $564,200 this year. There are also many rental properties that yield strong returns, averaging more than $1,492 in rental income per unit each month.
From financial services, and advertising, to fashion and hospitality, there's a company for everyone in the Empire State. Some of New York's top employers include Goldman Sachs, JPMorgan Chase & Co., Citigroup, Morgan Stanley, American Express, Deloitte LLP, and PricewaterhouseCoopers. There are many metropolitan areas, besides New York City, that deserve a loo in real estate investment based on their local company support. Syracuse can be a hot spot for fix and flip loans based on the support of Carrols Restaurant Group Headquarters, Universities, and Medical Employers. Buffalo has stable employment numbers thanks in large part to the medical sector including Kaleida Health and Catholic Health. Keeping strong, well-paid employees makes many forms of real estate investment profitable. Rochester, NY may be another area worth looking at for your real estate investment needs. The University of Rochester is its biggest employer keeping the rental market stable. However, many other companies, such as Wegmans, Paychex, and Xerox keep their headquarters here. This not only diversifies real estate investment needs, but it also creates opportunities for hard money investors, fix and flip loans, and many real estate private lenders.
New York's population continues to grow. Demographics show that 14.5% of residents are between the ages of 25 and 34, 16.2% are between 35 and 44 and 35.2% are over 44 years old.
Submit an application today to start investing in real estate with money from LSM.
From financial services, and advertising, to fashion and hospitality, there's a company for everyone in the Empire State. Some of New York's top employers include Goldman Sachs, JPMorgan Chase & Co., Citigroup, Morgan Stanley, American Express, Deloitte LLP, and PricewaterhouseCoopers. There are many metropolitan areas, besides New York City, that deserve a loo in real estate investment based on their local company support. Syracuse can be a hot spot for fix and flip loans based on the support of Carrols Restaurant Group Headquarters, Universities, and Medical Employers. Buffalo has stable employment numbers thanks in large part to the medical sector including Kaleida Health and Catholic Health. Keeping strong, well-paid employees makes many forms of real estate investment profitable. Rochester, NY may be another area worth looking at for your real estate investment needs. The University of Rochester is its biggest employer keeping the rental market stable. However, many other companies, such as Wegmans, Paychex, and Xerox keep their headquarters here. This not only diversifies real estate investment needs, but it also creates opportunities for hard money investors, fix and flip loans, and many real estate private lenders.
New York's population continues to grow. Demographics show that 14.5% of residents are between the ages of 25 and 34, 16.2% are between 35 and 44 and 35.2% are over 44 years old.
Submit an application today to start investing in real estate with money from LSM.
✓ Just a few of the locations we service - New York, Brooklyn, Utica, Buffalo, Staten Island, Yonkers, Queens, Binghamton, Syracuse, Albany, Poughkeepsie, Manhattan, Bronx, Rochester
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Loan Summary Information for New York
Getting the right funding in New York can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in New York. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in New York. Read on to learn more about our current offerings in New York.
| Loan Products | FICO | $ Loan | Term | Rate | Points |
|---|---|---|---|---|---|
| FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
| RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
| RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
| NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only