*Serving Queens Village and surrounding Queens neighborhoods like Bellerose, Floral Park, and Jamaica.
| Feature | Details for Queens Village Investors |
|---|---|
| Primary Loan Types | Fix & Flip Loans, Rehab Loans, Bridge Loans for Acquisition |
| Typical Funding Time | 5-10 Business Days (as fast as 3 for qualified projects) |
| Loan-to-Value (LTV) | Up to 75% ARV (After Repair Value) |
| Target Property Types | Residential (1-4 units), Multifamily up to 8 units, Light Commercial |
Queens Village, NY offers a robust market for fix & flip investors, with strong demand and potential for significant returns. However, securing the right financing quickly is key to capitalizing on these opportunities.
Waterman Capital offers a strategic advantage:
Fix & Flip loans are short-term, asset-based loans designed for investors who purchase properties, renovate them, and then sell them for a profit. They are ideal for the Queens Village market because they offer the speed and flexibility needed to quickly acquire properties, fund necessary renovations, and seize opportunities in a competitive real estate environment, where traditional bank loans are too slow.
We understand that speed is critical for fix & flip investors. For qualified Queens Village projects, we can often fund loans in as little as 3-5 business days, with most loans closing within 7-10 business days. This allows you to move quickly on distressed properties and start your renovation sooner.
We primarily lend on residential properties (1-4 units) in Queens Village that are suitable for renovation and resale. This includes single-family homes, multi-family units, and townhouses. Our focus is on the property's potential after-repair value (ARV) and the profitability of your project, rather than solely on your personal credit history.
To expedite your fix & flip loan process, we often utilize BPOs (Broker's Price Opinions) or conduct our own internal valuations based on recent comparable sales and our extensive experience in the Queens Village real estate market. This approach helps us avoid the delays associated with traditional appraisals, getting you to close faster.
Get pre-qualified or apply now for a fast fix & flip loan.
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.