What is the Difference between Hard Money and Soft Money?

09.21.16

You will come across the terms “hard” and “soft” (conventional) in your quest for a loan for investment purposes. You need to understand the difference between hard and soft money for you to make the right decision. We explore the differences between hard money vs. soft money and how to apply for the right loan for you.

read more

How to Understand Profit Margins on a Fix & Flip When Using a Bridge Loan

09.21.16

For the better part of the past decade, the real estate market has been energized by investors looking to capitalize on fixing and flipping real estate, which are undervalued and may be a proverbial diamond-in-the-rough.

read more

Determining Real Estate Asset Value

09.21.16

Commercial hard money lenders like Riverdale Funding, LLC do not base loan decisions on financial statements or credit scores.  Instead, we base our decision to lend on the value of your commercial real estate.  We don’t believe a less-than-perfect loan application package should stand in the way of business, and we don’t hold your past against you.

read more

How to Get a Commercial Real Estate Loan with Bad Credit

09.19.16

Is your credit score low? Or maybe your financial history, on paper, is not as strong as you would want it to be? These two factors are telling but they certainly do not tell the entire story of you as borrower.

read more

What are Typical Hard Money Loan Terms

09.13.16

When having money in hand is a priority, hard money loans provide a fast financial life line. Here are hard money lender terms to be aware of when applying for a bridge loan.

read more

The Commercial Mortgage Loan Process

09.13.16

A commercial real estate borrower should understand that both the subject commercial property and the borrower’s financial history will be subject to extensive investigation. Here is an outline of the commercial loan process. In general the commercial loan process can be broken down into these 4 phases.

read more

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

Is it Wise to Increase Your Credit Limit?

09.01.16

What are the benefits of having a higher credit limit and can it hurt your credit score or your ability to get credit in the future? Once you have built up your credit, you unlock many financing options. Many banks & financial institutions will want to offer you credit, but should you take it?

read more

Top 5 Questions to Ask Your Hard Money Lender

09.01.16

Getting a commercial real estate mortgage can be a time consuming process filled with uncertainties.

read more

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