Spindrift Investments, LLC

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Spindrift Investment LLC
Spindrift Investment LLC
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Frequently Asked Questions

What types of properties do you lend on?
We provide business purpose loans for a wide range of property types, including single-family homes, duplexes, triplexes, multifamily properties, commercial properties, new developments and new constructions. Whether you are purchasing, refinancing, or rehabilitating a property, we can offer tailored loan solutions to meet your needs.
A hard money loan is a short-term, asset-based loan that is primarily secured by real estate collateral. Unlike traditional bank loans, hard money loans focus more on the value of the property rather than the borrower’s credit score, making them an ideal solution for real estate investors in need of quick financing.
An asset-based loan is secured by real estate or other tangible assets, providing lenders with collateral in case of default. This type of loan is ideal for real estate investors who may not have perfect credit but own valuable properties to secure the loan.

Yes, all of our loans are secured by collateral, typically the property you intend to purchase, refinance, or renovate. This ensures both parties are protected and allows us to offer flexible terms with a fast turnaround.

Spindrift Investments currently lends in Rhode Island, Massachusetts, Connecticut and Florida.
Since we specialize in hard money loans without external capital, we can approve and fund loans much faster than traditional lenders. In many cases, borrowers can receive funding within days, not weeks, allowing for quick property acquisitions and project commencements.

A bridge loan is a short-term loan that helps real estate investors “bridge” the gap between purchasing a new property and selling an existing one. Bridge loans are secured by real estate and offer quick access to capital, which is essential for investors needing to act quickly in a competitive market.

We work with a variety of real estate investors, from those first-time flippers purchasing single-family homes or multifamily properties to experienced developers working on large-scale projects. Whether you’re interested in fix-and-flip opportunities or long-term rental investments, we are here to help.

The process for obtaining a loan for multifamily properties or duplexes is similar to that for single-family homes. We assess the value of the property, ensure there is sufficient collateral, and work with you to structure a loan that aligns with your goals. Our team will guide you through each step for a smooth transaction.

At Spindrift, we combine years of experience with a deep understanding of real estate markets. Our expertise in hard money loans and asset-based lending allows us to offer fast, flexible financing solutions to real estate investors. We are proud to be a trusted, professional, and expert private lender across the country.

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