Are You Earning Enough Money?
Warren Ifergane
?? Private Lender ?? Fix & Flip ? Rental ? Construction Loans ?? $?? ??????????????+ ?????????? ???????????? ?? We're Hiring Loan Officers!
United Bridge Capital, USDV’s 8th fund, has just closed on another three loans. The Florida-specialized bridge lending company is starting to ramp up its operations with its recently-acquired $50 million credit facility. It has even started purchasing pools of performing bridge loans on residential investment properties.
Warren Ifergane, Executive Director of UBC commented:
In this low-yield market, people are scrambling to get higher returns. This traditionally means people are investing in progressively riskier assets. With bridge loans, investors have a margin of safety embedded in the fact that we only lend up to 70% of the property value. There’s a definite market dislocation if you look at where non-performing notes are trading.
Such loans typically return 8% to 12%, and are in first position—that is, collateralized directly with the subject property in case of default. In a market where yields are particularly low and property values are relatively high, this investment serves to mitigate systematic risks of a market downturn while still producing healthy returns.
---------------------------------------------------------------------------------------------------------
To learn more about ICG10, or to submit a deal for consideration, contact [email protected], or call 954.798.0726.
Programs:
And More!
Read our latest book on Amazon, The No-Nonsense Guide To Real Estate. Also available as an e-book here.