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fix and flip loans: Alternative Financing Options With Hard Money - 08/09/11 01:39 PM
These days financing for real estate transactions can be a challenge.  The banks have tightened their lending standards to the point where even quality borrowers may be unable to obtain the loans they need.  This is compounded further among the smaller community banks, which make a lot of the local commercial, mixed use and other real estate loans that are not secured by an owner occupied single family residence.
For those with financing issues, a potential alternative is hard money.  There are both pros and cons to using hard money.  The benefits include looser qualification standards.  For non consumer loans, often … (1 comments)

fix and flip loans: Fix and Flip Loans - 03/03/11 05:50 PM
Fix and flip loans are a great vehicle for real estate investors these days.  With the number of foreclosures and bank owned properties still at or near all time highs in many locations throughout California, opportunity is there for investors to profit.
Fix and flip loans are typically short term loans that incorporate funds to cover interest payments for 4-6 months and have a builders control account that can be drawn on to rehab the subject property.  These days, our fix and flip loans are funding to 60% of the after repair value.  Regardless of the after repair value, however, fix … (1 comments)

 
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Chris Goulart

Brentwood, CA

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All California Lending

Address: 1145 2nd Street, Suite A-262, Brentwood, CA, 94513

Office Phone: (877) 462-3422

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