Developer Financing. Fast.

RD Advisors provides flexible financing solutions for real estate developers, primarily throughout the Northeast.

We’re currently accepting loan requests for:

  • Purchases,
  • Renovations (Fix & Flips),
  • Ground-Up Constructions, and
  • Cash-Out Refinancings.

We offer rates from 8.95% for up to 85% of value and 100% of construction costs, and have closed loans in under a week. Our team looks forward to building long-term relationships with developers in the area.

We’re looking forward to hearing about your project!

*This is not an offer to make a loan. Rates advertised are the lowest currently offered to qualified borrowers only. Actual rates and offers may change at any time at the discretion of RD Advisors. Closing times vary depending on deal requirements.

 

Property Geographic Area Details
Massachusetts, New Hampshire, Rhode Island, Maine, New York, New Jersey
Loan Amounts
$250,000 to $10,000,000
Interest Rates
8.9% to 11.9%
Loan Terms
6 months to 24 months
Origination Fees
1% to 2%
Lien Position
1st
Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Value Add Project
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%

Maximum Leverage

Purchase Short-Term (no Value-Add):
Max LTP Residential: 85%
Max LTP Multifamily: 75%
Max LTP Commercial: 75%
Max LTP Land: 65%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 70%
Residential Fix & Flip
Max LTP: 85%
Max LTC: 90%
Max LTARV: 70%
Residential Construction
Max LTP Land: 65%

Expert Residential Property Investor

  • Loan Amount: $200,000 to $2,000,000
  • Interest Rates: 7.95% to 10.95%
  • Loan-to-Value: 65% to 80%
  • Loan-to-Cost: 70% to 90%
  • Minimum Credit Score: 610
  • Recourse: Yes, personal guarantee required
  • Closing Time: 2 to 3 weeks
  • Appraisal: Yes, third party appraisal required
  • Budget: Full Construction / Rehab Budget
  • Experience Requirements: 3+ Verifiable Projects

Standard Residential Property Investor

  • Loan Amount: $200,000 to $2,000,000
  • Interest Rates: 10.95% to 13.95%
  • Loan-to-Value: 50% to 75%
  • Loan-to-Cost: 65% to 80%
  • Minimum Credit Score: 500
  • Recourse: Yes, personal guarantee required
  • Closing Time: 1 to 2 weeks
  • Appraisal: Yes, desktop appraisal required
  • Budget: Full Construction / Rehab Budget
  • Experience Requirements: None

Commercial Property Investor

  • Loan Amount: $1,000,000 to $10,000,000
  • Interest Rates: 8.95% to 13.95%
  • Loan-to-Value: 50% to 75%
  • Loan-to-Cost: 65% to 80%
  • Minimum Credit Score: Not Required
  • Recourse: Corporate
  • Closing Time: 1 to 8 weeks
  • Appraisal: Yes, full third party appraisal required
  • Budget: Full Construction / Rehab Budget
  • Experience Requirements: None

All loans are subject to a background check.

Property Types

  • 2-4 Units Residential
  • Adult Day Care
  • Assisted Living Facility
  • Auto Dealership
  • Auto Repair
  • Bed and Breakfast
  • Cannabis Dispensary
  • Cannabis Grow Facility
  • Car Wash
  • Casino
  • Child Day Care
  • Cinema
  • Club
  • Commercial Condominium
  • Community Center
  • Condominium
  • Cooperative
  • Equestrian
  • Event Center
  • Gas Station
  • Golf Course
  • Gym
  • Healthcare
  • Hospital
  • Hostel
  • Hotel
  • Industrial
  • Manufactured Home
  • Marina
  • Mixed-Use
  • Mobile Home
  • Mobile Home Park
  • Motel
  • Multifamily
  • Night Club
  • Office
  • Parking Lot
  • Place of Worship
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Ranch
  • Recreational
  • Rehabilitation Facility
  • Religious Facility
  • Residential Land
  • Retail
  • School
  • Senior Housing
  • Single Family Residence
  • Sports Facility
  • Storage Facility
  • Student Housing
  • Theater
  • Timberland
  • Vehicle Parking
  • Winery

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge
  • Commercial Property Value Add
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Ground-Up Construction

Specialty Loan Types

  • Condo Conversion

Description

We only consider residential land loans if we are also providing the construction financing.

Land Types Considered

  • Residential Land

Will Consider Land That is NOT Entitled

no

Max LTV for Land

70%

Max LTC for Land Acquisition

70%

Max Loan-to-Purchase Price

90%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Family

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

90%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

0

Maximum After Repair Value

80.00%
We only offer ground-up construction loans for residential investment properties.

Development Experience Required

no

Minimum Number of Ground-Up Construction Projects Completed by Borrower

0

Max LTC for Ground-Up Construction Costs

0%

Will Lend on Partially Completed Construction Projects

no

Deposit Required

Deposit credited to borrower at closing of the loan

Legal Fee

$1,500

Inspection Fee

$175 drawdown inspection fee, per drawdown

Credit Report Fee

$180 background & credit check

Background Check Fee

$180 background & credit check

Background Check Fee

$180 background & credit check

Extension Fee

1% for a 6-month extension, and 3% per annum thereafter

Appraisal Fee

$510 fee for appraisal / budget feasibility review

Environmental Report Fee

$35

Fees which are mandatory for all new borrower clients

  • Deposit
  • Legal Fee
  • Appraisal Fee
  • Inspection Fee
  • Credit Report Fee
  • Background Check Fee
  • Extension Fee
  • Renewal Fee
  • Renovation or Construction Funds Draw Fee

Fees which are paid to a third party company

  • Legal Fee
  • Appraisal Fee
  • Inspection Fee
  • Credit Report Fee
  • Background Check Fee
  • Renovation or Construction Funds Draw Fee

Details and Requirements

Typical Closing Time (Days)

14

Fastest Closing Time (Days)

10

Payment Structure
  • Interest Only
  • Interest Reserve
Pre Payment Penalty

no

Will lend to a foreign national

no

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

no

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Corporation
Documentation Required
  • Credit Report
  • Tax Returns
  • Bank Statements
  • Financial Statements
Personal Guaranty (Recourse) Required
Always
Credit Check Required

yes

Minimum Credit Score Required

500

Credit Check Description

Expert Residential: 610+, Standard Residential: 500+, Commercial Property Loans: Credit Score Not Required

Appraisal Required for Residential Property

Always Before Funding

Appraisal Required for Commercial Property

Always Before Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Always

Broker Price Opinion (BPO) Accepted for Commercial Property

Always

Get In Touch

RD Advisors pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration

Developer financing, fast.

RD Advisors provides flexible financing solutions for real estate developers, primarily throughout the Northeast

We’re currently accepting loan requests for:

  • Purchases,
  • Renovations (Fix & Flips),
  • Ground-Up Constructions, and
  • Cash-Out Refinancings.

We offer rates from 8.95% for up to 85% of value and 100% of construction costs, and have closed loans in under a week. Our team looks forward to building long-term relationships with developers in the area.

We’re looking forward to hearing about your project!

*This is not an offer to make a loan. Rates advertised are the lowest currently offered to qualified borrowers only. Actual rates and offers may change at any time at the discretion of RD Advisors. Closing times vary depending on deal requirements.

Company Size (Number of Employees)

7

Year Established

2017

Office Locations

RD Advisors - Boston Office
516 E 2nd St, South Boston, Massachusetts 02127

RD Advisors - New York Office
256 West 38th Street, 15th Floor, New York, New York 10018

Primary Capital Source
  • Own Funds
  • Debt Fund We Manage
Alternative Capital Sources
  • Debt Fund We Manage
  • Individual Investors
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

13%

Total Number of Loans Funded to Date

136

Total Loan Volume Funded to Date

$104,709,557

Our Team

Sean Kelly-Rand

Managing Partner

Mikhail Gurevich

Managing Partner

Thierry Valat De Córdova

General Counsel and Chief Compliance Officer

Ritu Khanna

Head of Investor Relations

Funded Deals

Get In Touch

RD Advisors pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$250,000

What We Do

  • Funding for Real Estate Investors
  • Commercial & Residential Properties
  • LTC up to 90% for Rehab Projects
  • 10%+ Cash Required for Purchase

Not Available

  • NO 100% Financing
  • NO Owner-Occupied Homes
  • NO Rural Areas
  • NO Raw Land Loans

Create a Loan Request

Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.

Contact This Lender

Contact RD Advisors by whichever method you choose.

If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.

Send an email to RD Advisors