Frequently asked questions
FAQ
If you don’t see an answer to your question below or you need additional information, don’t hesitate to contact us at (215) 234-1567
Advest Funding understands what real estate investors need to succeed in today’s competitive marketplace. Because we are self-funded, our deals can be expedited as necessary. When you speak with someone from our team, you will be speaking with a decision maker. As a result, we are able to maintain an effective and efficient process.
How quickly can Advest close?
Loans can be processed and funded in as little as 2–3 weeks.
Will Advest lend to an individual?
No, Advest only lends to an entity (LLC, corporation, etc.).
Does Advest lend on commercial properties?
Yes.
Are personal guarantees required?
Yes.
Does Advest lend to owner-occupiers?
No, Advest lends to investors. All loans must be for non-owner-occupied properties.
Is a down payment required?
Yes. Borrowers typically have to pay 15%–25% of the acquisition cost.
Does Advest fund ground-up construction?
Yes.
Are appraisals required?
Yes.
Does Advest provide a proof of funds letter?
Yes. Once you are an approved borrower, Advest can provide letters within 24 hours.
Does Advest ever speak and meet with the borrower directly?
Yes.
How do I get started?
Contact us. We will ask you some questions about your deal, your experience, the acquisition price, and your exit strategy.