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Updated over 5 years ago on . Most recent reply

User Stats

267
Posts
73
Votes
Joey Budka
  • Real Estate Investor
  • Santa Cruz, CA
73
Votes |
267
Posts

Hard money referral for multifamily value-add deal in Nor Cal?

Joey Budka
  • Real Estate Investor
  • Santa Cruz, CA
Posted

Any referrals out there on this? Property is located in unincorporated area of Santa Cruz County, CA in Northern California, about 30 min drive from core Bay Area. Incredible location with massive upside. Looking for private money/hard money/bridge financing for the purchase, and we'll consider additional funding for the renovations as well if the interest rate and terms make sense. Non-recourse preferable, no pre-payment penalty, at least 1 year term. We're looking for 75%-80% LTV. We're non-contingent right now, set to close escrow in the next 60-90 days.

Thanks in advance for referrals!

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