LendIQ is a rapidly expanding private money lender in the US that offers short-term loans for single-family, multifamily, mixed-use and ground up construction. Backed by a family office that has successfully invested in real estate for over 15+ years, LendIQ is your one-stop-shop for intelligent lending solutions.
LendIQ is a genuine fix and flip and construction lender, offering loans on single-family, multifamily, mixed-use, and ground-up projects, all of which fund the work through draws. Its site, however, does not publish how the draw process works: there is no stated draw request method, inspection type (physical or virtual), per-draw turnaround, or draw schedule, and it does not publish a closing timeline.
LendIQ has a leverage and rate structure, up to 90% LTC on fix and flip and up to 80% LTC on ground-up construction, backed by a family office with more than 15 years of real estate investing. Because the draw mechanics and close speed are not documented, investors financing a rehab or build with LendIQ should confirm the draw process, inspection requirements, and funding turnaround directly before closing.
LendIQ is a family-office-backed private money lender based in the Bayside neighborhood of Queens, New York, offering fix and flip, ground-up construction, multifamily bridge, and rental loans for single-family, multifamily, mixed-use, and ground-up projects.
• Fix and flip: up to 90% loan to cost (LTC), on 3 to 18 month interest-only terms, with rates as low as 9.99%.
• Ground-up construction: up to 80% LTC, on 6 to 24 month interest-only terms, with rates as low as 12%.
• Multifamily bridge loans on 3 to 24 month terms, with rates as low as 11%.
• Rental loans for single-family and multifamily property on 5 to 30 year terms, with rates as low as 7.5%.
LendIQ, LLC is a family-office-backed private money lender headquartered in the Bayside neighborhood of Queens, New York. It provides short-term loans for single-family, multifamily, mixed-use, and ground-up projects, including fix and flip, multifamily bridge, rental, and construction loans, to real estate investors for real estate investment purposes.
