Purchase, NY Private Money Loans
Private money loans in Purchase, NY, are short-term loans based on property value, offered by private money lenders like Watermen Capital. These private money loans focus more on the property's worth than your credit score, making them ideal for real estate investors who need quick funding. Private money loans are much faster to get than bank loans, which makes them perfect for fix-and-flip projects, commercial properties, or when you need to move quickly on a good deal.
As a leading private money lender nationwide, Watermen Capital gives Purchase investors flexible private money loan options and fast closing processes that make real estate investing both simple and profitable. Whether you're planning to fix and flip, convert to a rental, build something new, or buy and hold, you need a private money lender that understands your goals and can move your deal forward quickly. For all types of real estate investing in Purchase, Watermen Capital provides the private money financing you need to succeed.
Home Value Trend for Purchase
Year over Year| 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| $2,690,542 | $3,053,753 | $3,202,195 | $3,415,315 | $3,558,998 |
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Where We Lend
Watermen currently lends on residential properties in Alabama, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming.
Watermen is not currently licensed in AZ, ID, MN, ND, NV, OR, SD, UT or VT. Watermen Capital LLC is licensed or exempt from licensing in all other states. Your annual percentage rate may be increased after the fixed-rate period expires. Loans are subject to additional underwriting criteria.