Invest in Real Estate without Big Down Payments
You may be an experienced property investor or just starting to look at investing. In either case, cash is not always available to quickly secure a desired property before another investor snatches it up. But there are ways to invest in real estate without having to use your own cash, and one of them is a hard money loan from Shop Commercial Mortgage.
We provide hard money loans in 21 days or less to investors with free and clear properties we can use to secure our loans. We offer loans from $50K up to $5M with loan terms from one to ten years. We don’t have complicated underwriting rules like the banks, and you won’t wait weeks or even months only to find out you haven’t been approved.
We also have no problem offering loans to self-employed investors and those with less than perfect credit. Our loans are equity-based so we don’t rely on credit ratings. We look at bank statements and review the property to determine its value. We can typically offer LTVs as high as 75% for most loans.
Shop Commercial Mortgage can offer hard money loans for a wide variety of investment properties including:
- Multi-family housing
- Strip centers
- Office buildings
- Specialty properties such as golf courses, marinas, or parking lots
Don’t get caught up in the endless hassles of dealing with conventional banks for cash you need to quickly close on investment properties. Come to Shop Commercial Mortgage and get your down payment cash fast and easy. For more information on our loan process please call or text 813-516-5210.