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Hard Money Rehab Loans
For real estate investors just starting out, or for those looking for additional leverage, hard money rehab loans have a lot to offer.  Typically, these hard money rehab loans are short term, maybe 12 months in length.  For those able to obtain this type of financing and pair it with an equity partner or gap financing, the ability to purchase rehab property with zero cash out of pocket is realistic.
These equity partners, or gap financiers, can typically take anywhere from 20-50% return on their money.  Sometimes this is in conjunction with participation in the project (a percentage of the profit) as well.  While this may seem awful expensive, even in comparison with the hard money rehab loans we deal with, for those looking to get into real estate investing who have no money to work with, it certainly is a viable option.
For transactions in California, we are able to secure the hard money debt, and can also help borrowers with deals under contract find equity partners or gap financing.  When going this direction, it is important to calculate all of the costs involved with the money you will be borrowing, and usually that means you need to find more ... more

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