Welcome to Redpoint Lending.
We’re a preferred source of low interest real property backed loans for real estate owners, builders and investors located in Minneapolis and St. Paul, MN.
If you’ve looked around, the usual rate of ‘hard money’ interest is up to 25%. Those rates are, well, pretty sharky. At Redpoint, we’re not sharks, we’re fellow business people and real estate investors.
Interest rates on our real property secured loans is commonly between 8-15%.
We can provide flash-cash loans, 30-90 day bridge loans or rehab loans for periods up to 24 months and can have your money to you in as little as 2 days – usually without credit checks and always free from bank bureaucracy.
We can provide loans between $25,000 and $500,000 for any of the following:
- Investment property foreclosure payoff
- Past property tax payoff
- Non-homestead flips
- 1031s – [Tax deferred property exchanges]
- Unoccupied residential property
- Commercial real estate
- Multifamily apartments and complexes
- Foreclosure bailouts
- Rehab properties both residential and commercial
- Emergency cash-outs
- Other non-bankable transactions (business or personal)
We welcome the chance to be of assistance.
Please contact us here.
Redpoint Lending 