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Manhattan Bridge Capital specializes in hard money loans to professional real estate investors, focusing on three types of properties:
- Hard money loans to finance purchases and repairs for the purpose of quick sales (also knows as fix and flip)
- Hard money loans to new construction of one to three family homes
- Hard money bridge loans to purchase small income producing properties
Loans typically range from $50,000 to $1,000,000, and mature in less than one year.
Borrowers are required to pay interests only on monthly basis and the principal at the end of the loan term.
We insist on the first mortgage position and personal guarantees from the principles involved in each transaction
In addition, we request, as added collateral, the equity position of the borrower’s principals in the borrower.
We will lend up to 65% of the appraised value of asset collateral
Application
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