For house flippers, this will be a real game-changer in how they approach real estate deals
WEST HARTFORD, Conn. (PRWEB) August 19, 2020
New Silver (https://newsilver.com/), the data-driven lender, has announced the launch of FlipScout (https://newsilver.com/flipscout/), a free tool that lets real estate investors find properties that they could earn the highest return on. New Silver is an established non-bank lender solving tough challenges in the “hard money” vertical. This newly-launched tool is now available on their website.
“New Silver has been actively working to introduce modern solutions to pain points that are common in today’s real estate investment market. With FlipScout, you’ll be able to search for any city or zip code and find properties that make sense to investors. FlipScout will also allow you to estimate repair cost and ROI, get access to key data, get alerts, and see the property in more detail. For house flippers, this will be a real game-changer in how they approach real estate deals,” stated Kirill Bensonoff, Managing Partner and Head of Product at New Silver.
New Silver offers 10-minute online loan approval, instant proof of funds letters and industry-leading closing times, and has a variety of loan products available to help investors achieve their funding goals.
“As an established lender in the fix and flip space, we want to offer our clients the tools to be most profitable in their businesses. Since we are not a SaaS company, we can make these tools available at no cost. For New Silver, this is an exciting development that we intend to build on in the future,” added Bensonoff.
About New Silver
New Silver is a technology-enabled non-bank direct lender primarily focused on providing real estate-backed financing for the United States ‘fix and flip” market with a concentration on single-family residential and small balance commercial assets. New Silver’s proprietary technology automates and streamlines loan originations while using data to reduce loan default risk. Furthermore, New Silver’s FlipScout tool uses intelligence in order to help find projects with the highest ROI. More info at https://newsilver.com