Patch of Land
Low Rate 30-Year Fixed Rental Financing
A competitive fix and flip industry and a sluggish new home buyer market has forced many residential home investors to hold their property for rental income instead of selling. Finding fixed rate rental financing has historically not been difficult for conforming and non-conforming borrowers, but locating a 30-year fixed loan with a low interest rate [...]
NYC Private Lending is Still Going Strong
Manhattan residential real estate sales have fallen for the sixth straight consecutive quarter, leaving many questioning whether their access to financing may soon be impacted by a weakening real estate market. Short-term, private real estate lenders also known as bridge lenders, can offer competitive financing solutions in transitional markets; and might be the only capital [...]
Is a Private Money Loan Right for You?
There is a lot of confusion on the internet surrounding what a private money loan actually is. People often ask whether a private money loan is different than a hard money loan, or if a private money loan is the same as a bridge loan? These are questions that potential borrowers considering an easier loan [...]
Is Your Residential Mortgage Business Sunk?
Let’s face it, being a mortgage or loan broker these days is tough. Competition is fierce and increasingly lenders are eliminating broker programs in lieu of courting borrowers directly online (and it’s working). A Small Business Credit Survey released by 12 Federal Reserve Banks last month showed that 32% of loan applicants turned to online [...]
2019 Best Best Private Money Lender: Patch of Land

Patch of Land

From its website: As real estate markets continue to heat up, Patch of Land can help you take advantage of opportunities to invest in single family residential and commercial properties in as little as 7 days.Whether you’re rehabbing houses, duplexes or apartment buildings in an already flourishing neighborhood, looking to finance a stabilized rental property, [...]