RD Advisors
South Boston, Massachusetts
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
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add)
Refinance Short-Term (no Cash Out)
Residential Fix & Flip
Residential Construction
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
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
- Commercial Bridge
- Commercial Property Value Add
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
noMax LTV for Land
70%Max LTC for Land Acquisition
70%Max Loan-to-Purchase Price
90%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Family
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
90%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
0Maximum After Repair Value
80%Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
3Max LTC for Ground-Up Construction Costs
90%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
noDeposit 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
Contact RD Advisors
Stay Informed About Private Lending
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.
Office Locations
RD Advisors - Boston Office516 E 2nd Street, South Boston, Massachusetts 02127
RD Advisors - New York Office
256 West 38th Street, 15th Floor, New York, New York 10018
Our Team
Contact RD Advisors
Stay Informed About Private Lending
