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Updated almost 8 years ago on . Most recent reply

Account Closed
  • Bakersfield, CA
3
Votes |
49
Posts

Is there any lenders in bakersfield

Account Closed
  • Bakersfield, CA
Posted

Are there any hard money lenders here in bakersfield that anyway as used and had a good experience with?

Most Popular Reply

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264
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Robert Sepulveda
  • Lender
  • Newport Beach, CA
97
Votes |
264
Posts
Robert Sepulveda
  • Lender
  • Newport Beach, CA
Replied

There are corporate hard money lenders out of northern and southern California that aggregate investor money for properties in all areas of California as long as the deal makes sense and the value is there.

They are typically offering around 10%, up to 75% ltv stated loans. There are some fix and flip loans available that have better terms but qualifying in central valley is a little more difficult so terms vary. I'd be happy to help more if you have more specifics to go over, but that's the gist of what's available.

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