Sharestates, Inc.
Great Neck, New York
NMLS #1538766, CFL #60DBO-63030, AZ Mortgage Banker #0946263
America’s Private Lender for Real Estate Investors
The most competitive private loans for every phase of your real estate project nationwide. Sharestates puts funding in your hands so you can take immediate advantage of today’s market. If you qualify, the money could be in your hands within days. We fund loans from $100k to $20mm on residential (SFR 1-4), multi-family, mixed-use and commercial properties across the country. Our loan programs include:
- Residential Bridge
- Residential Rehab Fix & Flip
- Residential Ground-Up Construction
- Residential Long-Term Rental (DSCR)
- Commercial Real Estate Bridge
- Commercial Real Estate Rehab/Value-Add
Please Note: We do NOT offer loans for vacant land, owner-occupied homes, or specialty commercial properties.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add):
Purchase Long-Term
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Refinance Long-Term
Residential Fix & Flip
Residential Rehab & Hold
Multifamily Value-Add
Commercial Value-Add
Residential Construction
Multifamily Construction
Property Types
- 2-4 Units Residential
- Industrial
- Mixed-Use
- Multifamily
- Office
- Retail
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
Specialty Loan Types
- Partner Buyout
- Residential Long-Term Rental
Max Loan-to-Purchase Price
90%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
- Family
Experience Required
yesMinimum Number of Value-Add Projects Completed by Borrower
1Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Interest Charged for Renovation Costs
Only on Funds DrawnTypical Number of Days for Funds Draw
5Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
2Max LTC for Ground-Up Construction Costs
85%Interest Charged for Construction Costs
Only on Funds DrawnWill Lend on Partially Completed Construction Projects
yesDeposit Required
We charge a "Term Sheeting Binding Deposit" once our term sheet is signed. It covers our underwriting fee, a credit report, background check, and flood certification report. The fee ranges from $275 to $1,050 depending on the loan amount.
Appraisal Fee
Appraisal fee is paid directly to the appraiser (or appraisal management company), but we collect this fee when the term sheet is signed.
Fees which are mandatory for all new borrower clients
- Deposit
- Multi-Purpose Lender Fee
- Appraisal Fee
Fees which are paid to a third party company
- Documents Fee
- Legal Fee
- Appraisal Fee
Get In Touch
Stay Informed About Private Lending
Sharestates is one of the fastest growing national private lenders focused on non-owner occupied residential and commercial properties. We create customized lending solutions for real estate investors and developers. We have successfully funded over $3 billion in projects nationwide and have the broadest loan programs available in the market with competitive pricing.
We fund loans from $100k to $20mm on residential (SFR 1-4), multi-family, mixed-use and commercial properties. Our loan programs include residential bridge, fix & flip, new construction, portfolio and rental loans. As your partner, we manage the servicing of all loans we originate through successful repayment to ensure your needs are met throughout the loan lifecycle.
We were founded by real estate veterans and our success is attributed to a strong leadership team, ease of use, sensible underwriting practices, and our relationship focused lending strategy. We partner with direct borrowers and brokers.
Sharestates is one of multiple related real estate businesses within our organization, that exist to accelerate the redevelopment of residential housing. Collectively, these unique capabilities allow us to provide an end-to-end solution for our customers. In doing so, we create a more positive borrower experience, better control credit risk and successfully monitor the loan through its entire lifecycle.
To learn more visit www.Sharestates.com.
Associations
- Marketplace Lending Association - Member
- American Association of Private Lenders - Member
- Mortgage Brokers Association - Member
- Forbes Real Estate Council - Member
Office Locations
45 North Station Plaza, Suite 400, Great Neck, New York 11021Our Team
Michael Ramin
VP, Business Development (National)
Get In Touch
Stay Informed About Private Lending
Our Minimum Loan Amount Is
$100,000
What We Do
- Residential and Commercial Properties
- Short-Term Bridge Loans
- Rehab Loans for Residential & CRE
- Long-Term Rental Loans (DSCR)
Not Available
- NO 100% Financing
- NO 2nd Mortgages
- NO Vacant Land
- NO Owner-Occupied Homes
- NO Rural Locations
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