Cash Flow Investor Loans Central California

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Cash Flow Investor Loans Central California

TJ Moreno
Rental Property Investor · Bakersfield, CA · Member since 2015 · 13 posts · 3 votes

Anyone know what rate and term look like on these? From what I understand, based on if the property cashflows is major qualification with minimal documentation. Reason looking is I am maxed out on loans and looking for something in the 7-8% range for holds or flips.

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  • Eric Black
    Rental Property Investor · Where we are parked · Member since 2013 · 584 posts · 178 votes
    7y

    Hi TJ,

    Are you looking for private/hard money loans? If so I think you're going to be hard pressed to find anything in the 7-8% range. Private money is typically in the double-digits plus points. Can you give more details about what you're looking for? How much you're looking to borrow? Etc.

    Cheers!

    Eric

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  • Alex BekezaBusiness Member
    Lender · Los Angeles, CA · Member since 2018 · 2k+ posts · 1k+ votes
    7y

    @Eric Black @TJ Moreno

    TJ, you'll definitely have options. In fact, we have a handful of commerical wholesale lenders who offer 30 year terms, 70-80% LTV on Cash Out Refis in the 6-8% range. Sending you a PM now.

    [email protected]818-606-8823
    Investor Property Loan5306 Reviews
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  • Jared RineBusiness Member
    Lender · Sacramento, CA · Member since 2009 · 1k+ posts · 277 votes
    7y

    @TJ Moreno..Minimal or no personal documentation.  Depending on Fico and other factors, you should be able to obtain some 30 year loans, 5-10 year fixed type periods, rates in the 6-8% range, depending.  What type of LTVs?  How's your credit?  PM please.

    Jared Rine United Lending Partners53 Reviews
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