What would you build if you could have the money in the bank the day after tomorrow?
Sharestates knows investors who are as eager as you to get started on projects throughout Spade, Texas, and we’ve streamlined the process to funnel that cash where it can do the most good. Since we only approve your application if we’re sure you’re a good borrower, Sharestates can offer you interest rates as low as 6%.
WE OFFER FAVORABLE TERMS FOR PROJECTS IN THE Spade MARKET
The reason we can offer such favorable terms is that the investors have confidence in Sharestates and we, in turn, have confidence in the project managers who come to us for backing. Unlike other crowdfunding sites, real estate – not technology – is our core business.
“We’ve built a technology platform that’s second to none, but most importantly we’ve built close personal relationships with our borrowers,” our CEO and co-founder Allen Shayanfekr recently told investors. “We understand their perspective, and we work very closely with them to ensure we have mutually beneficial and realistic goals.”
DO YOU HAVE OTHER BORROWERS IN THE Spade, Texas, AREA?
We focus on a unique blend of geographic areas and asset classes, so we’re very choosy about who we work with. We’re currently focused on Spade, Texas, with select opportunities in the West. If you’d like to see what other projects our investors are backing in the Woodbine borough area, click here. While most of our attention has been drawn to residential and multifamily projects, we have found occasional opportunities in commercial and mixed-use development. We try to remain asset class-agnostic, as long as the project adheres to our rigorous, 34-point screening algorithm to validate your track record as an experienced and creditworthy builder.
HOW THE BORROWING PROCESS WORKS
Providing you pass the screening, we can provide you with bridge loans or longer-term financing. Our lending process is as simple and intuitive as the cloud can make it. Sharestates has loaned out nearly $1 billion since its inception and now closes about $50 million in new loans every month. So if you’re ready to take out a loan, start here for Sharestates’ new, cost-effective, flexible portal. Then simply click your way through the entire transaction process.
Click here to see the loan application process, borrower dashboard, draw module and other useful borrower tools created by the Sharestates platform. Then let’s see if you’re ready to join our community of committed investors, borrowers and brokers.