New Silver has recently expanded their services to include even more locations around the US. The data-driven hard money lender aims to help real estate entrepreneurs build, by giving them fast financial solutions for a variety of investing purposes.
FOR IMMEDIATE RELEASE
WEST HARTFORD, CT, October 12, 2021: New Silver now offers Hard Money Loans in California, expanding the list of 40+ states where they offer fix and flip loans for real estate investors. New Silver’s market leading products for real estate investors allow investors to find and finance property on the same platform.
“We are looking forward to serving the California real estate investor community with the world’s fastest lending products. We believe our data-driven approach, instant online approval and fast closing will help investors in CA get better deals and earn a higher return on their investment,” said Kirill Bensonoff, Managing Partner at New Silver.
Real estate investors in California can now apply and get instant approval for fix and flip loans, rental loans, ground-up and unsecured personal loans. Investors can also find their next investment property using FlipScout, New Silver’s free and easy-to-use tool which helps anyone find deals with the highest return on investment.
The real estate market in California is booming, with property investors making approximately $40,040.00 in profit per flip during the first half of 2021. According to Attom Data, there were over 6,900 house flips in California completed over the first half of 2021, with an average resale price of $540,850. The prices of homes are rising at a rapid clip, and single-family house prices in California have recently reached an all-time high.
About New Silver Lending LLC: New Silver is a technology company that provides fast financing to real estate investors who focus on fix and flip residential projects. New Silver’s proprietary software accelerates, automates and streamlines loan originations, while using data to reduce default risk. Furthermore, New Silver’s FlipScout tool uses intelligence in order to help find real estate investment projects with the highest ROI.
New Silver Lending, LLC
2475 Albany Ave Suite 203B, West Hartford CT 06117
(855) 844 5626
Originally Posted On: https://syndication.cloud/new-silver-to-offer-its-data-driven-lending-products-in-california/