This is a short list of our most frequently asked questions. For more information about RealtySpace, or if you need support, please call oursupport center.

An investor has to be accredited and is making an investment in the mortgages that we write. A lender is making a loan to the Fund. He has a lower level of risk and hence a lower level of return.

The usual hard money lender puts together the funds from investors on a deal by deal basis. We are structured as a Hedge Fund where the investors funds are spread over all the deals we have and they can withdraw their funds at any point on a 90 day notice.

Making short term loans to individuals that need the loan as soon as possible these loans have a charge up front and a high interest rate.

Yes. If you are a lender, you will get a 1099. If you are an investor, you will get a K1.

We can close as fast as 2-3 days. Sometimes a deal is lost if you cannot close fast. Also most times the property has to be rehabbed, a bank will not lend untill that has been done.

Average loan size is $150,000 and we have made over 240 loans.

So far none.

About 9 to 10 months.

Ditmas Park management has been in the hedge fund business for over ten (10) years. Ditmas Park Hedge Fund dealing with real estate mortgages has been in business for 18 months.

We are structured as a Hedge Fund which means we pool our investor’s money and make real estate loans. The investor’s capital is spread over all the loans we make, which allows for spreading the risk of any one loan. We also are able to redeem your investment upon a 90 day notice.

Fill out the form in the section “Start Investing” and we will contact you.

You can find out by asking yourself some questions:

  • Do I have a steady source of income (usually a job)? Have I been employed on a regular basis for the last 2-3 years? Is my current income reliable?
  • Do I have a good record of paying my bills?
  • Do I have money saved for a down payment?
  • Do I have few outstanding debts, like car payments?
  • Do I have the ability to pay a mortgage every month, plus additional costs?

If you can answer “yes” to these questions, you are probably ready to buy your own home.