Super-Fast, Kick-A$$, Street-Smart, High-Leverage Loans for Investors
In the real estate world, the term “Private Money” lender is used to describe both non-bank lenders (like us), or person-to-person lenders (like your rich aunt). Also, the terms “Private Money” and “Hard Money” are also sometimes used interchangeably.
i Fund Cities is a non-bank, private/hard money real estate lender offering investor-friendly funding with limited underwriting and great leverage. Our loans are a smart loan option for investors needing super-fast and reliable capital in a changing economy.
Our customized financing options are for every level of investor across a full range of lending products, from fix and flip and new construction to a variety of rental loans. And, we have you covered on every property type, as well, including raw land!
Our creative and flexible funding falls outside the traditional lending box. We focus on providing financing options for savvy, entrepreneurial investors, who want to use the velocity of their money to grow their portfolios quickly, efficiently, and exponentially.
"Customer service. Hands down, unequivocally, customer service. Responsiveness, attentiveness to the needs, and full communication. It was pretty intense moving through the deal, but there was transparent, fast communication throughout the whole process."
—iFC Borrower: New Construction: SFR: McKinney, TX.
Local Market Factors: Philadelphia, Pennsylvania
Are you looking for a solid real estate investment opportunity?
Understanding a city’s growth trends, housing market, and economic foundation can help an investor determine whether or not Philadelphia, Pennsylvania is a valuable location for investing in residential real estate. A healthy economy, filled with thousands of potential renters, coupled with appreciating properties, can make cities like Philadelphia a solid investment destination.
Philadelphia Growth Trends
The U.S. Census Bureau is a great place to start. You can search by city to find annual statistics on Population, Total Housing Units, Owner-Occupied Housing Unit Rate, Median Gross Rent, Building Permits, Education, Economy, and Businesses, Employment, and more.
Philadelphia Housing Market
The real estate website Redfin offer statistics on housing market trends in the U.S. searchable by city, including Median Sale Price, Number of Homes Sold, Median Days on the Market, and Sale-to List Price population. The website also has up-to-date information on Migration Trends, along with the Latest News and Housing Market Predictions.
Philadelphia Economic Foundation
What are Philadelphia’s major industries? Does the city have a variety of businesses that can provide jobs in any economy? Who are its top employers? Does it attract tourism and have entertainment draws like sports teams? Does it have universities and schools whose graduates can feed the economic growth of the city?
Here’s a snapshot of Philadelphia’s Economy, Tourism and Sports, and Higher Education facilities.
Economy: Philadelphia, home of i Fund Cities, holds a special place in our hearts! This vibrant city has it all – Fortune 500 companies, top-tier universities, and a soul that just won’t quit!
Philadelphia’s major industries center on life sciences, financial services, technology, and manufacturing.
The city’s largest employers include the University of Pennsylvania and Penn Medicine, Thomas Jefferson University and Jefferson Health, the Children’s Hospital of Philadelphia, The Giant Company, and Temple University and Health System. Other major employers include Virtua Health, Comcast and AmerisourceBergen. The city has over a dozen companies on the Fortune 500 list like Dupont, Merck, Johnson & Johnson, and Rite Aid.
Tourism/Sports: Well, you’ve just got to have a cheesesteak sandwich when you’re in Philly. In addition to that, tourists come to the city to see the Liberty Bell, tour Independence Hall, climb the 72 “Rocky Steps” (from the movie) at the Philadelphia Museum of Art, to visit the Longwood Gardens, hang out on the waterfront, and to see the LOVE sculpture in this “City of Brotherly Love.”
Philadelphia has professional franchises in five major sports leagues, including the Philadelphia Eagles (NFL), the 76ers (NBA), the Flyers (NHL), Phillies (MLB) and the Philadelphia Union (MLS). Wow!
Education: As for higher education, Philadelphia is proud home to Drexel University, University of Pennsylvania, Temple University, and Thomas Jefferson University, among others.
Don’t forget that i Fund Cities’ Fix and Flip, Fix to Rent, New Construction, New Construction, Rental, Multifamily and Bridge financing products can help you enter a thriving market and close quickly with reliable funds!
Yes. We do an appraisal using LOCAL appraisers. (Using appraisers from large, national appraisal management companies can impact appraisal quality and slow down the loan process.)
*We also have the ability for seasoned investors (7+ deals completed) to use software on your cell phone that allows your superintendent to take pictures, rather than doing a full inspection.
**We also offer desktop appraisals for fix & flip loans. We need interior photos and a budget for this style appraisal.
We give investors fast, creative lending solutions to many challenges that a typical lender cannot or will not.
If game-changing success is your goal,
then give us a shout!
Fill out our deal form and get a quote in under two minutes. Once complete, someone on our team will follow up with a customized lending solution and terms.
We then issue preliminary pricing for your review. If the price is right, and you wish to move forward with iFC, a formal term sheet will be digitally issued for your signature. Sign and we will kick things into high gear!
Paperwork sucks, but we are here to help you along the way. After we collect the agreement of sale, construction budget, title, and insurance contact information from you, we order your appraisal from a LOCAL company, (not a national appraisal management company, which can impact appraisal quality and delay your loan).
Provide us with supporting documents in a timely fashion (your real estate experience, driver’s license, entity information, and source of cash), and we will get you to closing in as little as 7 days.
We have been buying and building real estate in the Greater Philadelphia market since 2008. We built this lending platform for investors after our own personal lending experience, to disrupt the way traditional lending is done for investors. The iFC Team works relentlessly to make sure our customers’ experience is nothing shy of outstanding. Supportive of one another, and of our borrowers, iFC Team members are the type of people you want to be around—we inspire and motivate. Our intention is to create successful, long-term, transparent relationships with our partners and clients. Learn More