Reedley Hard Money Loans

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The property must be one thing you are looking to purchase. That is due to the Dodd-Frank Wall Road Reform and Consumer Safety Act. We lend on all kinds of properties and land - ranging from homes, such as single household residences, to duplex, 3plex, 4plex, warehouses, and even land. The property must be profitable. The property can’t be owner-occupied. It’s tougher for us to lend, in the event you don’t have a high margin property. Lending on owner occupied properties increases danger, and it’s something we wish to avoid. One of the best methods to ensure we will assist you to, is by reviewing our standards under. We’re glad that can assist you. This is self evident, because something smaller - and it’s not going to be worth your time, or our time to fund. The property ought to be no lower than 900 square feet. Like many lenders, we don’t lend on proprietor-occupied properties. We can't lend against an asset you don't own. We want you to be profitable, and we wish to offer you funding as soon as attainable. If you happen to don’t have enough margin, you’ll simply drown in debt as a result of the property doesn’t promote. As a Los Angeles rehab lender, we specialise in excessive-margin properties.


Hard Money Loans Near Me in Reedley California