Northwest Private Lending offers a variety of equity-based / hard money lending solutions to suit every type of residential real estate investor. From purchase financing for a fix and flip to cash-out refinance loans on residential or commercial properties. We are the local and trusted private lending partner for the Northwest. We prioritize our clients and help them to achieve their goals.
If you are a real estate investor looking to acquire properties that require all-cash to purchase or want to buy a property that won’t qualify for a conventional loan, we offer same day pre-approval letters. Our Fix and Flip loans do require that you have some financial skin in the game but do not require appraisals, home inspections, or budget approvals. We give you the full loan amount at closing so there is no draw process. We never charge pre-payment penalties, so our fix and flip loans can be paid off at any time. You also can always keep your loan with us as long as you need it, we never charge extension fees.
Construction Loans
Are you looking to purchase a distressed property, make improvements, and then turn it into a source of income? Good deals don’t last long and commonly need cash to purchase! A hard money loan gives you the payday loans Michigan cash you need to buy foreclosures and short-sales. We also lend on distressed properties that are not conventionally financeable. At NW Private Lending we help our clients purchase and renovate those homes and work with you to refinance that loan with a low rate conventional mortgage. Call us today to receive your pre-approval letter!
Commercial properties can take so many forms. From office buildings and parking garages to raw land and retail space, working with a private lender who understands the value and can help make purchases and improvements is hard to find. With loans ranging from $50k to $2m, Northwest Private Lending can provide the know-how and capital you need to be successful as a commercial real estate investor!
Do you have significant equity in a home that you’d like to put to work for a much-needed renovation? Construction Loans enable clients to turn stored up equity into a new kitchen, bathroom, or extension on a residence or commercial building. Are you at the end of a new construction project you financed yourself only to find you have run out of money? Traditional banks won’t lend during construction, but we will. Give us a call.
In simple terms, a 1031 or reverse 1031 exchange is the way expert real estate investors defer taxes on profits made from the sale of one or several investment properties through the reinvestment of those profits into another investment property. The tax savings can be a huge, but it does require proper documentation and is very time sensitive! If you miss the government’s timelines you will not qualify for the tax benefit. NW Private Lending can connect you with a local 1031 exchange expert and can close on purchases within 3-5 business days. We specialize in last-minute solutions to complex transactions.
Bridge Loans
Do you have a large down payment, but don’t check one of the boxes required to get a conventional loan? That is okay, we are a private lender and we make our own boxes. We don’t use credit scores, W2 Income, citizenship or tax returns to evaluate our clients. We can lend to you even if you are starting a new business, recently changed jobs or are going through a divorce. We make loans to all people from all countries regardless of citizenship. We are proud of the immigrants who make this country great and want to help you purchase a home. We love to help those who have worked hard, saved their money but have a unique situation.
