Union City Hard Money Loans
Looking for Hard Money Loans in Union City California? Click the link above to get quick approval.
With our long-time period product, the Rental30, can be utilized for the purchase or refinance of an investment property that may function a long term rental. Tier 1 is designated as borrowers who have by no means accomplished a flip or have accomplished one deal. Tier 3 is for the more experienced investors who have completed 5 or extra flips within the final 24 months. We also supply Building, New Construction, Cash-out, Transactional Funding, and Multifamily investment property deals. The Rental30 is perfect for buy-and-hold investors who need to develop their rental property portfolio and use rentals as a passive stream of month-to-month revenue. Once more these deals don’t need to be financed by Lima One Capital so long as they were accomplished and flipped in the last 12-24 months! Tier 2 provides an curiosity charge of 11% to borrowers who've accomplished 2-four deals in the final 24 months. Borrower experience is defined as the variety of completed flips within the last 12-24 months, even deals that weren’t financed by Lima One Capital! At Lima One Capital the interest charges and terms on our quick time period product, the FixNFlip, begin at 12% and go as little as 7.99% based mostly on borrower experience. Tier four is considered for elite real property buyers who have accomplished 15 or extra flips within the last 12 months.
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Hard Money Loans Near Me in Union City California