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Sharestates

One of the fastest-growing national private lenders focused on non-owner-occupied residential and commercial properties.

Rehab Loan
Fix and Flip Loan

Property Types SFR, 2-4 Units
Lending Areas NATIONWIDE
Interest Rate min 10.25%
Amortized or Interest Only Interest Only
Loan amount Minimum $500,000
Loan amount Maximum $10,000,000
Lien Position 1st
General Pricing or Guideline info - 100% Rehab for Experienced Borrowers.
Updated as of 2023-11-08

Long Term Rental Loan
DSCR Loan

Property Types SFR, 2-4 Units, Mixed use, Multi Family
Lending Areas NATIONWIDE
Interest Rate min 7.5%
Credit Score Min 660
Amortized or Interest Only Interest Only
Term 30 year
Loan amount Minimum $75,000
Loan amount Maximum $10,000,000
Lien Position 1st
General Pricing or Guideline info - Term: 30 yr w/ 5, 7, 10 ARM
Updated as of 2023-10-02

Long Term Commercial Loan
Term Loan

Property Types SFR, 2-4 Units, Multi Family
Lending Areas NATIONWIDE
Credit Score Min 660
Amortized or Interest Only Interest Only
Term Fixed for 5 years then 6 month ARM, Fixed for 7 years then 6 month ARM, Fixed for 10 years then 6 month ARM, 30 year
Loan amount Minimum $75,000
Entities LLC - Limited Liability Corporation, LP - Limited Partnership, Corp - Corporation
Loan amount Maximum $10,000,000
Lien Position 1st
General Pricing or Guideline info - Valuation Type: All properties are required to have a full conforming appraisal. - Minimum Experience: Must own primary residences or 1 investment property - Bankruptcy: Not within the last 4 years and no other derogatory payments. - Loan Structure: 30 years Fixed, 10/6 Interest only, 7/6 Interest only, 5/6 Interest only. - Loan Purpose: Purchase or Cash Out Refinance.
Updated as of 2023-11-10

Construction Loan
Ground-Up Construction Loan

Property Types SFR, 2-4 Units, Mixed use, Multi Family
Lending Areas NATIONWIDE
Credit Score Min 680
Amortized or Interest Only Interest Only
Term 1 year, 18 month, 2 year, 3 year
Loan amount Minimum $100,000
Entities LLC - Limited Liability Corporation, LP - Limited Partnership, Corp - Corporation
Loan amount Maximum $10,000,000
Lien Position 1st
General Pricing or Guideline info - Collateral type includes portfolio. - All properties are required to have a full conforming appraisal. - Minimum Experience: 3-5 ground up projects completed. - Bankruptcy: Not within the last 4 years and no other derogatory payments. - No amortizing loan permit. - Additional Details: Approved Plans required, Vertical Construction work only and 18-month upfront term. - Liquidity Requirements: 3 months of interest payments + portion of the rehab loan not funded in the loan.
Updated as of 2023-11-10

Bridge Loan

Property Types SFR, 2-4 Units, Mixed use, Multi Family
Lending Areas NATIONWIDE
Credit Score Min 620
Amortized or Interest Only Interest Only
Term 6 month, 9 months, 1 year
Loan amount Minimum $100,000
Entities LLC - Limited Liability Corporation, LP - Limited Partnership, Corp - Corporation
Loan amount Maximum $75,000,000
Lien Position 1st
General Pricing or Guideline info - All properties are required to have a full conforming appraisal. - Minimum Experience: Similar project within the last 3 years. - Bankruptcy: Not within the last 4 years and no other derogatory payments. - No amortizing loans permitted. - Loan Purpose: Value Add, Purchase, and Cash-Out Refinance. - Liquidity Requirements: 3 months of interest payments + portion of the rehab loan not funded in the loan. - Max Term: 24 months + up to two 6 months extensions. - ARV: 70%
Updated as of 2023-11-10

Summary of all Guidelines

Loan Types Bridge Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan
Property Types 2-4 Units, Mixed use, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $100,000
Loan amount Maximum $3,500,000
Points Minimum 1st TD 1
Terms 30 yrs
Credit Score Min 660
Prepayment Penalty 6 months
LTV Bridge 70
LTC Construction 70
Percentage of Reno / Construction Cost Financed) 100
LTC Rehab 90
LTV Long Term Rental 80
Capital Source Balance Sheet, Crowd Sourced
Land LTV & LTC with development 75
Percentage of Budget Financed - Rehab 100
Percentage of Budget Financed - Construction 100
LTC Percentage of Budget Financed 100

Sharestates is an online marketplace lending and investing platform, also known as real estate crowdfunding. We connect private investors and institutions with real estate developers and owners who want to raise capital for their real estate projects. Sharestates offers developers (real estate sponsors and property owners) access to real estate capital much faster than traditional funding sources while providing investors with the high (8-12%) returns on asset-backed real estate debt investments.

Sharestates is located in Great Neck, NY. They offer financing for Bridge Loans, Construction Loans, Hard Money Loans, DSCR Loans and Rehab Loans. The property type they primarily lend against is SFR, Multi Family, Mixed use and 2-4 Units. Their minimum loan amount is $100,000. Their maximum loan amount is $3,500,000. They offer loans for a minimum Term of 1 year. Maximum duration of 30 yrs. Points charged are deal specific, but historically have charged a minimum of 1.

These descriptions are limited information and meant for general reference purposes.
45 North Station Plaza, Suite 400
Great Neck, 
NY
 11021