I own a retail property in Lynwood, CA which I would like to renovate and immediately sell. I am looking for a hard cash lender or short term lender, and would be happy for any recommendations.
I own a retail property in Lynwood, CA which I would like to renovate and immediately sell. I am looking for a hard cash lender or short term lender, and would be happy for any recommendations.
Hey Goldie
Happy to connect. You'd likely be looking at 60-50 LTV depending on the current value.
Thank you to everyone who reached out to me or replied to my post. I was able to arrange financing for my renovation project in Los Angeles with one of the people who replied to my post. This forum in BiggerPockets was very helpful and I appreciate all the responses.
I own a retail property in Lynwood, CA which I would like to renovate and immediately sell. I am looking for a hard cash lender or short term lender, and would be happy for any recommendations.
@Goldie Chaikin This sounds more like a bridge/value-add commercial scenario than traditional hard money. A lot will depend on the property condition, occupancy, rehab scope, and exit timeline, but there are lenders that look at these deals if the numbers and strategy make sense. Lynwood can be an interesting value-add market.