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hard money loans los angeles: What do you want from a Hard Money Lender? - 06/24/11 06:10 PM
There is a lot of need for Hard Money in today's California market. There are hard money lenders which are pools of funds with guidelines that require financial documents in addition to good equity. Those lenders trust others to make decisions and therefore would or should be more restrictive lending.
Then there is the knowledgeable investor, the hands on capitalist ,who makes his own decisions based on facts presented, an inspection of the property and his experience. The local investor. That's us, Loan Solution Inc. There you get the quick decisive answer without all the bank red tape, based on lower … (0 comments)
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hard money loans los angeles: Plenty of Private Money Available - 04/18/11 04:56 PM
I just wanted you to know I have a lot of cash available to facilitate leveraging your funds or clients to purchase Calif. real estate. Creative financing using equity in property you own for cash out. Cross collateral. Funds are for investment purposes only, no owner occupied property. We also fund small commercial. Very easy processing, our investor will drive by the property, no appraisal fees, no up front fees. Stated income and no fico's . 99% underwriting is on the property. Very fast process. See my web site for more. loan-solution.com
Many of my referral brokers are … (0 comments)
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hard money loans los angeles: Plenty of Private Money Available - 04/06/11 07:42 PM
While the banks are lending little and paying very little interest, the private money available has increased. I say take advantage of this market. For investors lending, bottom of market and conservative LTV's there is little risk and high return in trust deed investments. For the real estate investor, well, Calf. is having a half-off sale. Leverage your purchases with hard money loans. We can give you 3-5 years so "rent and hold" can work for you. If you are needing cash out of income propety, we can help borrowers with hard money loans.
Commercial properties are also an … (0 comments)
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hard money loans los angeles: How do you qualify for a Hard Money Loan in L.A. - 10/04/10 08:25 PM
So, how do you qualify for a hard money loan?Truth be told, you don't. The property is or should be 99% of the underwriting criteria. Hard Money Investors want to lend on property that have plenty of a protective equity left after funding the loan.
Asking for 100% financing is something to ask your uncle. Hard Money lenders look a profit and risk, the same as a buyer does.You offer 12% 2 pts so you can buy and flip a property in say 60 days and make 25% 30%..profit.That leaves the lending investor a whopping 2%, and he put up all … (0 comments)
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Colleen Bigler
Canyon Country,
CA
More about me…
Loan Solution Inc.
Address: Santa Clarita,Valencia,Newhall,Sylmar,, Granada Hills,Van Nuys,North Hollywood, Canyon Country , CA, 91386
Office Phone: (661) 251-9075
Cell Phone: (661) 904-8760
Email Me
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