BridgeWell Capital’s Hard Money Loans – Pennsylvania
BridgeWell capital is a hard money lender offering loans for residential real estate investments in Pennsylvania. We lend to investors in the greater Pittsburgh, Erie, Johnstown-Altoona, Harrisburg, Philadelphia and Scranton areas and we are expanding rapidly to other locations along the northeast.
We specialize on single-family, residential, investment properties, including bank-foreclosed properties, REOs and Short Sales. We lend 85% of the purchase price and 100% of the property rehab, depending on the project, the appraised value and the amount of rehab required.
What makes Us Unique?
With BridgeWell Capital you can expect:
- Professional, reliable and responsive service.
- Straightforward business. No hidden fees or junk fees.
- Close in as little as 10 days. No Hassles.
- Competitive terms – among the best in the industry
- Transparent & trustworthy lender – We are BBB A+ Rated.
How do you qualify for a hard money loan in Pennsylvania?
With BridgeWell Capital, getting a hard money loan for an investment project in Pennsylvania is easy. We approve loans based on your ability to succeed, which basically comes down to three basic components: Benefit, Equity and Exit strategy. We call these “BEE” Approved. If the project makes sense to the borrower, if there is enough equity for a substantial profit margin and if there is a clear exit strategy, we will approve your loan.
What type of properties do we lend on?
Our hard money loans programs in Pennsylvania are geared towards investors that need financing to buy, fix and sell, or buy, fix and rent a residential property home. We do not lend on condos, mobile homes or owner occupied properties.
Pennsylvania Real Estate Market
The Pennsylvania real estate market has great investment opportunities for residential investors. According to Zillow, there has been an upward trend in the monthly median sales and monthly median rent prices of homes in Pennsylvania within the past 5 years. For the most updated housing information see Pennsylvania’s Home Prices & Values at Zillow.com.
Real Estate Investors Association (REIA) in Pennsylvania
Although not a requirement for securing a hard money loan with BridgeWell Capital, there are great incentives for investors to participate in local REIAs. Finding a mentor or a new business partner, keeping up with the state of the market, learning new investing techniques, networking with other real estate professionals, and anything else real estate-related can happen at the REIAs. In Pennsylvania, the Philadelphia REIA, ACRE of Pittsburgh, Capital Area Rental Property Owners Association, REIA of Berks county and the Western PA REIA are some popular local REIAs.
We are looking forward to join your real estate investment team. Call us to speak with a representative today or take a few minutes to submit a hard money loan request online.