image description
Bridge Loans - A Viable Financial Solution

10.06.16

When buying a commercial real estate property, waiting for the first property to sell in order to close on the new property is not always practical. Hard money bridge loans can be used to fill the time gap and make these transactions work. Bridge loans offer fast and short term financing solutions.

read more
image description
When To Use Commercial Bridge Loans

10.05.16

Commercial bridge loans are meant to provide short-term financing for individuals or business owners looking for an interim solution. Situations where you can use commercial bridge loans: Real Estate Investment, Real Estate Development, and Continuity of Real Estate Business, Investment in other properties.

read more
image description
Top 8 Reasons Borrowers Use A Hard Money Loan

10.05.16

Not every real estate project fits into conventional lender guidelines and limits. Here is a list of 8 common reasons borrowers use Hard Money loans: (1) The real estate asset is not cash-flowing or does not support the loan (2) Borrower needs a higher loan amount (3) Quick closing is needed (4) Cheaper than using equity (5) Hard money not restricted to specific lending guidelines (6) Need for short term financing (7) Borrower(s) credit history (8) Property Challenges

read more
image description
Turn To Hard Money Loans When Your Bank Says No

10.05.16

You might be one of the many real estate investors that needs money to make a transaction happen but gets denied by a bank. When you bank says "no" or if your loan is stalled, Riverdale Funding is here to help.

read more
image description
How To Decide Between Borrowing From Private Money Lenders Vs Banks

10.05.16

Regardless of what your financing needs may be - getting useful information and questions answered before deciding on whether to use a private money lender or a bank is key.

read more
image description
Hard Money Loans vs a Bank Loan. What's the Difference?

09.28.16

By outlining the basic lending practices of banks and hard money lenders, it will be easier for a borrower to undestand their differences. Commercial hard money lenders offer short term loans that require less paperwork. Hard Money lenders use your real property as collateral for their loan.

read more
image description
How Bridge Lenders are Different from One Another

09.12.16

Getting a bridge loan can be a life saver for some property owners that are facing challenging times. If you are one of these property owners, the dilemma you now face is choosing which Bridge Lender you should go with to give you the breathing room you need. Although their purpose may be similar, a borrower searching for alternative property financing should know that every Bridge Loan lender is not the same. Knowing their differences and which lender to work with can save a lot of time, money, and aggravation.

read more
image description
Commercial Hard Money Lender in New York City | Riverdale Funding

08.31.16

When you are looking to expand your commercial real estate investments, sometimes a traditional bank loan is not an available option. Perhaps a recent economic bump in the road had made your credit look less than wonderful. Regardless of what your credit history might be you should consider a commercial hard money loan.

read more
image description
Commercial Hard Money Loan Interest Rates

07.27.16

For anyone getting a commercial loan, looking for the lowest interest rate is an understandable pursuit. However, different circumstances and property types will affect the interest rate a borrower can get. Here is a how you can understand your options and reasons behind Commercial Hard Money loan interest rates.

read more