Matthew Eidelstein's Contact Details

Matthew Eidelstein's Company Details

Universal Capital

Danvers, MA, US • 5 - 9 Employees
Real Estate

Universal Capital is a direct lending company that provides short-term financing for real estate investments.TYPES OF INVESTMENTS:1. New construction and development on SFR's, multi-family & commercial2. Renovation loans - buy & hold or flip3. bridge financing ("gap lending"​)4. Land - commercial & residential5. Direct investments - managed by our in-house teamNON-OWNER OCCUPIED HARD MONEY/ BRIDGE LOANS:1. Loan to After Renovation Value (ARV) ratios up to 70%2. Capital investment from borrower typically 5% to 15% on purchases3. Loan sizes generally $100,000 to $3 million4. 6-month term loans – extensions possible5. Interest-Only - contact us for rate and fees6. Funds can be used for purchase, refinance, or cash-out7. Credit not the contributing factor for decisions, no min scores8. Must close in the name of a business entity and be an investment propertyWHY UNIVERSAL CAPITAL?:1. We are a direct lender using our own capital to invest2. Simple loan application process - collateral is the primary factor for approval3. Clients can leverage our decades of experience and contacts4. Fast closings/ direct payments to sub-contractors/ quick response time to draw requestsVisit us at www.uclend.com or call 800.259.1614 for more information.