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Recent Hard Money Fundings |
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Real Estate Acronyms:
After Repair Value
Loan to Value (LTV)
Interest Only (IO) |
Need hard money financing, we can help.
All transactions below are non-owner (investor loans) |
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Loan Amount: |
$65,000 |
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San Bernardino |
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LTV: |
32.5% LTV |
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Appraised Value: |
$200,000 |
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Purchase Price: |
N/A |
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Term: |
12 Months |
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Rate: |
11.75% IO |
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Income: |
Stated Income
Verified Assets |
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Property Type: |
Commercial |
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San Bernardino |
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Repairs Needed: |
$45,000 |
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Purpose of Loan: |
Funds used to repair four units. The borrower was
then able to get the units occupied and rents
coming in. |
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Loan Amount: |
$123,000 |
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Los Angeles |
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LTV: |
60% ARV |
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Appraised Value: |
$205,000 |
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Purchase Price: |
$126,500 |
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Term: |
12 Months |
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Rate: |
12.00% IO |
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Income: |
Stated Income
Verified Assets |
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Property Type: |
Single Family |
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Los Angeles |
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Repairs Needed: |
$30,000 |
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Purpose of Loan: |
Purchase fix and flip. |
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Loan Amount: |
$200,000 |
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San Diego |
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LTV: |
61.5% ARV |
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Appraised Value: |
$325,000 |
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Purchase Price: |
$187,500 |
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Term: |
8 Months |
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Rate: |
12.99% IO |
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Income: |
Stated Income
Verified Assets |
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Property Type: |
Single Family |
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San Diego |
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Repairs Needed: |
$15,000 |
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Purpose of Loan: |
Purchase fix and flip. |
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Loan Amount: |
$225,000 |
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Van Nuys |
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LTV: |
61% ARV |
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Appraised Value: |
$368,000 |
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Purchase Price: |
$240,500 |
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Term: |
12 Months |
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Rate: |
12.99% IO |
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Income: |
Stated Income
Verified Assets |
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Property Type: |
Single Family |
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Los Angeles |
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Repairs Needed: |
$14,000 |
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Purpose of Loan: |
Purchase fix and flip. |
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Loan Amount: |
$168,000 |
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San Fernanado |
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LTV: |
60% ARV |
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Appraised Value: |
$280,000 |
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Purchase Price: |
$171,000 |
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Term: |
12 Months |
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Rate: |
12.00% IO |
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Income: |
Stated Income
Verified Assets |
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Property Type: |
Single Family |
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Los Angeles |
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Repairs Needed: |
$15,000 |
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Purpose of Loan: |
Purchase fix and flip. |
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