hard money loans california: Combining Seller Carry Financing & Hard Money Loans in California
- 01/21/21 12:55 PM
We work with many unique situations when dealing with hard money loans in California. One unique situation involves seller carry financing in conjunction with a hard money loan. While many conventional lenders will not work with this situation, we have funding available to help take advantage of the higher leverage point this combination can bring. For investors looking to purchase distressed properties, leverage is often the key. Utilizing hard money funding can help with this leverage. This is especially true in fix and flip funding scenarios. In these situations, we can put loans together based on the ARV, or after repair value … (0 comments)
hard money loans california: California Owner Occupied Hard Money Loans Available
- 05/06/16 04:54 AM
California owner occupied hard money loans are a unique niche these days. Many hard money lenders are not doing consumer purpose lending these days. That means they are not typically financing owner occupied properties via hard money loans. The reasons for this are many, but at the root of it is the guidelines and new laws put in place. These new laws and requirements are in place to protect the consumer. The issue with hard money loans is that the regulations were written with banks in mind, not the hard money lenders. Although hard money lenders are not banks, we are still … (0 comments)
hard money loans california: A Walk Through The California Hard Money Loan Process
- 10/30/14 03:48 AM
Working as a California hard money loan specialist I deal with a lot of different and unique loan requests. In addition, the clients we work with are just as different and varied. A number of clients are working with hard money loans for the first time. While you can visit our website to learn about California hard money loans, I wanted to put something together that walks people through the process.
The first step in the process is the actual nuts and bolts of the transaction. We need to determine if the loan request fits with what we are able to obtain … (0 comments)
hard money loans california: California Hard Money Purchase Loans to 75% LTV or More
- 03/05/14 02:51 AM
The real estate market here in California seems as if it is well on the way to recovery. This is good news for most, with an ancillary benefit in my line of work being increased loan to value ratios on purchases. For hard money lending over the past number of years, loan to value ratios have been fairly conservative. 60% loan to value caps were not uncommon not long ago, and today many firms are capping loan to value ratios at 65%. This means that a buyer of a property with hard money financing had to put down at least 35% … (0 comments)
hard money loans california: Credit Requirements for Hard Money Loans
- 02/05/13 01:04 AM
I specialize in hard money loans here in California. With the turmoil in the financial and real estate markets many people are looking for hard money who have not needed it in the past. In addition, people who have used hard money in the past are expecting the requirements to be the same now as they were ten years ago. Today I’m going to take a look at credit requirements for hard money loans. Perhaps the biggest misconception that people have about hard money loans is that they require no documentation or credit checks on the borrower. It is true that … (0 comments)
Hard money loans are an alternative form of financing. We explore the real estate world and options that hard money lenders can bring to the table.
Chris Goulart, DRE Lic. # 01458390 NMLS Lic. # 298819 DWJ CA Broker Lic. # 01180522
We work with many unique situations when dealing with hard money loans in California. One unique situation involves seller carry financing in conjunction with a hard money loan. While many conventional lenders will not work with this situation, we have funding available to help take advantage of the higher leverage point this combination can bring.
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