WE ARE A PRIVATE LENDER who is seeking to JOINT VENTURE (New York)

WE ARE A PRIVATE LENDER (PRIVATEMONEYLENDERSNYC.COM) who is seeking to JOINT VENTURE with a thoroughly EXPERIENCED CONSTRUCTION CONTRACTORS or FLIPPERS where we would FUND THE ENTIRE PROJECT, and thereby share in the NET profit when the project is sold.

Due to the housing collapse and recession of 2008 the U.S. Congress and Senate enacted regulations that must be followed by the Banks and Lending institutions, these regulations result in long delays in the MORTGAGE APPROVAL PROCESS. Real Estate buyers with cash in hand have a huge advantage over someone seeking a MORTGAGE. Many cash buyers, often negotiate a lower price for the REAL ESTATE ASSET DUE TO THEIR PREFERRED BY SELLERS ALL CASH BUYERS. WE ARE CASH BUYERS/JOINT VENTURE DEVELOPERS THAT CAN MAKE THE DEAL MATERIALIZE.

With our FAST TRACK JOINT VENTURE, we become a DE-FACTO CASH BUYER OF REAL ESTATE IN NEED OF RENOVATION AND FLIPPING. SEE PICTURES OF PROJECTS THAT WE HAVE FUNDED. DUE TO PRIVACY CONCERNS, WE CAN ONLY SHOW TRANSACTIONS THAT HAVE BEEN PAID BACK, AND ARE MORE THAN FOUR YEARS OLD.

We can close on a JOINT VENTURE PROJECT within days because we look more at the property value than the JOINT VENTURE PARTNER. If the JOINT VENTURE PROPERTY is approved, then we can close as soon as we get a title report from a Title Insurance Company, usually within a few days.

If you AS A BROKER, help us find potential JOINT VENTURE PARTNER(S) who have been turned down by the banks, then we may be able to help them secure a JOINT VENTURE (funded exclusively with our own assets) while at the same time the JOINT VENTURE PARTNER(S) are working towards repairing their credit and apply for a traditional loan, IF THE PARTNERS DECIDE TO KEEP RATHER THAN SELL THE NEWLY CONSTRUCTED OR RENOVATED ASSET.

Our rates are typically 9% plus 4 points that we would charge to the newly ESTABLISHED JOINT VENTURE. For REAL ESTATE BROKERS OR MORTGAGE BROKERS, we have had referrals in the past where we included a 2- or 3-point commission to the referring party that helped bring the JOINT VENTURE PARTNERS TOGETHER.
We will fund JOINT VENTURES from $250,000.00 to $3,250,000.00.

If you are interested in hearing more regarding the above then please call or text Robert OUR PRINCIPAL, seven days per week from 11 AM to 9 PM. We are a "HANDS ON" private JOINT VENTURE COMPANY with over 30 years of experience in the HARD MONEY lending business.

The following scenario of our lending platform arrangement have concluded successfully:

Daughter of a Borrower was living in a rented house occupied by herself, her husband and small child. The Owner of the house put up the property for sale which would have resulted in the EVICTION of the daughter of Borrower and her family. The FATHER of this DAUGHTER had a house with a mortgage on it..The FATHER also guaranteed a loan on his MOTHERS house.The Mother at her elderly age failed to make certain MORTGAGE payments.therefore even though the BORROWER had the money for a DOWN PAYMENT he still required a $600,000.00 mortgage which the BANKS turned down due to his MOTHERS failure to pay her own Mortgage on time.

The REAL ESTATE MORTGAGE BROKER then referred the BORROWER to us.We inspected the house within 2 days of the receipt of the application and we closed two weeks later.

When the borrower recently refinanced his house he sent over to our office the LARGEST bouquet of flowers that we have ever seen. The note on the bouquet simply stated MY DAUGHTER, MY MOTHER, and OUR ENTIRE FAMILY THANK YOU SO VERY MUCH FOR YOUR HELP WITH THIS MORTGAGE. It was signed by all family members.

We have many similar scenarios where REAL ESTATE BROKERS, ATTORNEYS, CPAs and others have referred their clients to us.. Many by WORD OF MOUTH.

We are located at 139 Fulton Street New York, NY 10038.

EXPLANATION OF THE TERM HARD-MONEY LENDER.
Hard-money lenders offer short-term financing options for properties. A hard-money lender provides short-term loans to individuals purchasing residential or commercial real estate. Investors use hard-money lenders to acquire investment properties relatively quickly. Hard-money lenders are considered private lenders and do not use conventional standards to extend credit to borrowers. A borrower uses a hard-money loan as a temporary, short-term loan solution until he can acquire more conventional financing for the property.


Ali

Office Manager


Domu NYC
Office: 646-345-1869