This article was originally published in Think Realty Magazine in the American Association of Private Lenders’ (AAPL)-sponsored “Investor Review” insert in the July/August 2017 issue.
When private money financing is needed to fund a project, every minute counts. Walnut Street Finance can fund loans within days, so builders, developers and investors can seize investment opportunities, turn profits quickly, and repeat their success on their next project.
What We Offer
Walnut Street Finance provides short-term (6-24 month) commercial loans to real estate builders, developers and investors in Virginia, Maryland, Washington DC, and Delaware. We offer extremely competitive rates as well as fast and flexible funding options to meet a wide variety of project needs, and we close loans within days, not weeks. We specialize in renovation loans, fix and flips, bridge loans, and land and development loans, and will create a personalized loan for your project.
Our Process
Our streamlined process is fast and easy, and we will help you every step of the way – with the loan process, at the closing table, and all the way to the day you sell or refinance your property and start your next project!
• Our online application takes less than a minute to fill out.
• A loan officer will get back to you within 30 minutes to discuss your project.
• Our term sheet clearly spells out our rates and terms so there are no surprises.
• Depending on your project, we request a few supporting documents.
• After closing, we inspect your project per the draw schedule and wire draws quickly.
• After you complete the project, we make it easy to roll your profit into the next deal.
Financing Creativity and Flexibility
We lend money based on the whole picture including the property and the borrower. We work frequently with borrowers who have credit dings, and we take into account your entire profile, including responsiveness and track record. We offer creative funding solutions that frequently save our borrowers time and money, such as funding in two phases for condo conversions or more complex projects.
The Walnut Street Advantage
Before becoming a hard money lender, Walnut Street spent twenty years as a builder and developer. We understand your project because we’ve been there. We’re fast, we’re flexible, we know the industry, and most importantly we are here to support you financially and ensure your success. Let’s get started.
Testimonials
“After submitting a few deals to WSF, an immediate relationship began when every one of our clients expressed the professionalism and support they’d received throughout their projects. Feedback such as this has increased our desire to send more business their way.” – Walter L., Broker, Washington D.C.
“I have worked with Walnut Street Finance on two deals in DC. Our first property is under contract above asking price, and we’re underway with the second. The Walnut Street Finance team has been very helpful and done everything possible to help me succeed.” – Andy S., Alexandria VA
“I’m now working on my third project with WSF. The loan process for both was fast and easy. My second loan closed exactly four days after I brought them the deal. Looking for another deal now!” – Chris J., Washington D.C.
Visit our website at http://www.walnutstreetfinance.com/ to download our free e-book, Essential Math for the Fix and Flipper. It includes chapters on “the 3 Most Important Numbers in a Fix and Flip” and “Analyzing Projects Quickly and Effectively” as well as other valuable tips.
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