Succeed With Maryland Real Estate Financing In 24 Hours

Posted by Bobby Montagne on Dec 19, 2016

If you’ve ever sat across the desk from a banker when applying for a construction or real estate acquisition loan and been asked, “How much cash do you have to put in the deal?,”  you may have felt some discouragement.

Before we were lenders, we were builders and developers, and we know all about having “skin in the game.” We also know real estate investing is unlike other business ventures. Sometimes fast action is necessary and it can be difficult for small-volume builders and developers to build rapport with traditional commercial lenders.

At Walnut Street Finance, we think outside the bank, judge each potential project on its merits, and offer private hard money funding to assist entrepreneurial builders and developers. In other words, we “partner” with you so that we all have a chance to reap the rewards.

We are not your typical lender. Here's why:


In active markets like Washington, D.C., and surrounding Maryland and Virginia communities, having the cash to finance new projects is all-important. It is also difficult to obtain financing if you don't have a large bank balance, an ongoing relationship with a knowledgeable lender, and an impeccable credit history. 

Our stock in trade is the short-term loan, with a term of 6-12 months for renovation and redevopment. We work primarily with independent builders and developers throughout the capital and surrounding communities. Walnut Street Finance has funding available for investments ranging from fix and flip projects to land acquisition. We can provide bridge loans in Maryland that allow you to get started on a new project prior to completing another one; and we finance residential renovations as well as new construction.

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Walnut Street Finance is knowledgeable about local regulations and legal requirements for the independent investor in Maryland. No matter where you are headquartered, we know that you are always on the lookout for good deals!

Right now, some of those good deals might be in Hyattsville, MD, the urban DC suburb in Prince George's County where residents can have a yard and a bit of "breathing room" in addition to a relatively quick commute to downtown D.C. Walkable neighborhoods are always ripe for investors, and Takoma Park and Silver Spring have seen a lot of redevelopment in 2016. Will it continue? Probably, at least for the foreseeable future.

Our streamlined lending process is designed to be "fast, local and simple." Most importantly, our process is project-based, meaning that if we can see the value, chances are good that we can arrange financing - whether you need a bridge loan for your Maryland project or are interested in financing a small subdivision. Many of our loans fund in just a few days, and our application process is "user friendly". We will arrange to meet you at the site so that you can explain all the details.


Whether you consider yourself a seasoned professional or are just getting your feet wet in terms of investing in Maryland real estate and construction, why not check out hard money lending opportunities available through Walnut Street Finance? Tell us about an upcoming project you have in mind. If you can help us visualize it we can help you make it real.

What are you waiting for? We are one phone call or click away.

Have a question or need assistance? Contact us anytime.


 

Bobby Montagne

Author

Bobby Montagne is a real estate entrepreneur with three decades of experience in commercial and residential property development, finance and sales. Having successfully overseen $15 billion in career transactions, he is among an elite class of real estate innovator that has consistently delivered high quality returns to partners and investors.