Our purchase hard money loan programs are exclusively designed for Real Estate Investors who want to buy, fix and sell or buy, fix and rent out their investment properties. We also provide low interest, long-term refinance options for Landlords. We currently do not provide funding to Real Estate Investors who intend to live in the…
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We routinely fund investors in as little as 7 days from start to finish. This can vary depending on the size and type of the investment project.
We approve loans based on your ability to succeed with your real estate investment project. We look for 3 components in every loan we approve. We call it “BEE” approved by BridgeWell. BEE stands for: Benefit: BridgeWell is committed to WIN-WIN business transactions. The first thing we look for is “benefit” to the Real Estate…
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We lend throughout the state of Florida, Georgia, South Carolina, North Carolina, Virginia, West Virginia, Maryland, Connecticut, Massachusetts, Maine, New York, Ohio, Kentucky, Tennessee, Arkansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Iowa, Nebraska, Kansas, Oklahoma, Texas, New Mexico, Colorado, Wyoming, Idaho and Washington, although we may also lend in other states.
The maximum (combined) loan-to-value can range from 80% of the After Repaired Value (“ARV”) of the investment property. The ARV is estimated by averaging recent comparable sales of arms-length transactions in the neighborhood. We typically do not use foreclosures or short sales for comparison, only conventional sales.
We loan on detached residential, non-owner occupied properties (1 to 4 units) and commercial properties including (but not limited to): apartments, retail spaces and mixed-use buildings. We do not currently loan on mobile or manufactured homes, gas stations, strip malls or new construction projects.