Titan Funding LLC has announced a real estate investment opportunity in West Chelsea by the Hudson River, offering an alternative funding method.
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The private real estate lending and investment company Titan Funding has recently announced a luxurious condo unit available for private investors. The unit is part of the exclusive project "The Cortland," which was constructed in 2022.
To learn more, please visit: https://invest.titanfunding.com/thecortland/
While condos provide a convenient living solution and have the potential to be a lucrative investment, it can be complex to find the funding to purchase one, as many banks don't approve mortgages. Titan Funding offers an alternative investment option and helps clients grow their portfolios.
"Investing in real estate has traditionally been a powerful way to generate wealth. However, not every investor has access to or finds traditional financing methods like bank loans or mortgages suitable. In such scenarios, turning to private real estate lending can be an effective alternative," a company spokesperson said.
As explained by The Mortgage Reports, getting a mortgage for a condo is typically more difficult as banks have more criteria than for a single-family house. Condos can be divided into two groups: warrantable and non-warrantable. For a condo to be warrantable, banks require criteria like at least 51% owner-occupied units and under 15% of owners in debt to the HOA to be met.
Those interested in a condo deemed as non-warrantable can seek funding from a portfolio lender, The Mortgage Reports says.
The new condo funded by Titan Funding is located in West Chelsea, a high-end neighborhood in Manhattan, just on the Hudson River. The unit itself is a 2-bed, 2.5-bath, 1,624 square feet residential condo designed with an open-plan layout in an elegant, classic style. The facilities at The Cortland feature private members' club amenities like a pool and gym. More information can be found here: https://invest.titanfunding.com/
Titan Funding offers personal consultations to its clients, offering advice on how to leverage property investment. For example, a condo can be used as a vehicle for a self-directed IRA.
Titan Funding also guides those who want to venture into becoming hard money lenders themselves. In the eBook "Get the Alternative Investments - Improving Portfolio Performance," potential investors can learn more and get expert insights.
Interested parties can find additional details at: https://www.titanfunding.com/blog/how-to-become-a-hard-money-lender/
Contact Info:
Name: Edward Piazza
Email: Send Email
Organization: Titan Funding, LLC
Address: 2701 NW Boca Raton Blvd #105, Boca Raton, FL 33431, United States
Phone: +1-855-521-3395
Website: https://www.titanfunding.com
Source: PressCable
Release ID: 89138966
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