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Private Hard Money Loans

 

Here are some examples of private hard money loans we have been working on:

 

 

Cash out transaction on a commercial property in a desirable location.  Borrower had excellent credit, and needed cash out to grow his business.  We put together a short term, cash out loan to net him the money needed when the banks would not make the loan due to the amount of cash out requested.

 

Construction completion of a 12 unit apartment building, construction was 80% done when the property was taken back, we were able to secure financing for the completion of the construction on a 2 year term at 12.5% with no prepayment penalty.

 

Purchase of a partially completed home in the San Francisco Bay Area.  Borrower was unable to obtain bank financing due to the partially completed nature of the property, we were able to secure a financing commitment for 50% of the acquisition cost for 2 years at 11.875% paying interest only without requiring construction funds be brought in or fund controlled.

 

Cabin on 33+ acres in the Lake Tahoe area.  Borrower was unable to obtain conventional financing due to the unique property type and large amount of land involved in the transaction.  We made a 3 year loan at 12%, interest only at a 32% loan to value.

 

If you would like more information, or have a scenario that needs private hard money, please complete our private hard money loan form or call us directly.




 

 

 

 

 




 

 


Chris Goulart, agent, DRE Lic. # 01458390 NMLS Lic. # 298819 CA broker Lic. # 01180522


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