Private Money Loans for Soft Money Terms

[Jo-Ann Lapin]

California Private Money Loan Solutions.

California Private Money Loan Solutions We structure competitive rates and flexible terms with no upfront fees on fixed-rate loans against residential and commercial investment real estate, for borrowers seeking a simplified underwriting process based on collateral and ability to pay. Here Are Some Examples. Mobile Home Park Loan Amount: $250,000 | Purchase Porterville, CA | 1031 Exch. Deal Summary Manufactured SFR Loan Amount: $510,000 | R&T Wildomar, CA | Blanket Loan Deal Summary Commercial Mixed-Use Loan Amount: $600,000 | Bridge Fontana, CA | Value Add Deal Summary Luxury Rental Loan Amount: $175,000 | 2nd TD La Jolla, CA | Cash-Out Deal Summary Have a Question or Loan Scenario? Call Today 714-838-1474 ext. 102 or email back with your scenarios or questions. CLICK for Scenario Inquiries We Can Help You With Fix & Flip [Rehab] or Hold Probate Estate Trust-owned Property Blanket Loans Portfolio Rental Loans Modular & Manufactured Loan Highlights Quick Closings Flexible Underwriting Competitive Rates No Upfront Loan Fees No Min FICO Score Almost Any Property Type We provide financing for transactions that don't fit a typical bank model, without the crippling fees of traditional hard money. Jo-Ann Lapin | MLO/AE 714-838-1474 ext. 102 CA DRE License ID: 01203203 NMLS I.D. Number: 258823 Copyright © 2022 Hanover Mortgage Company. California Department of Real Estate, real estate broker license #01410448. NMLS I.D. number: 337458 Disclosure: All loans are made in compliance with Federal, State, and Local Laws. High-cost loans are not allowed. Program features and services are not available in all areas. Rates and programs are subject to change without notice. This is not a commitment to lend.

[Matthew Bernal]

Aloha, Jo-Ann. 

I currently have a property under contract in need of funding. The seller has invested in several of my properties, and has agreed to do seller finance at a drastically reduced price. 

The property sits on four acres along the trinity river. Two of the acres consist of four occupied, income generating, single family homes, the other two acres are untouched forest. Additionally, there is a community center and a large barn, which could both be converted into income generators as well. 

My father will be partnering on this with me. He's an experienced GC, and I have completed 24 deals. 

I would love to discuss the opportunity with you in further detail. You can reach me at 808-892-9309

 Here are the basics:

Acquisition Details:

Purchase Price: $965,000

As-Is: $1,500,000

Rehab: $350,000

Hold Time: 6 Months

ARV: $2,200,000

Investor Returns:

Investment: $350,000

Return (Assuming 10% Annualized): $

Repayment Method: Cash Out Refi

Investment Details AS IS

NOI: $173,921

DCR: 1.26

Cap Rate: 13.67%