Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

14
Posts
4
Votes
William Green
Pro Member
4
Votes |
14
Posts

100% Hard Money Fix and Flip Financing in California

William Green
Pro Member
Posted

Hard money loans offered for fix and flip projects. I can loan up to and at times over 100% of the purchase price and rehab. Any property that comes in at 75% of ARV or lower I can offer up to 100% of the purchase price and 100% of the rehab. That is the only requirement, I will not take an equity share, there will not be an extensive approval process, and our points and interest rates are competitive and within the same range of most other lenders. Experience is of course preferred but NOT necessary for this program. I can also offer 100% financing on new construction projects. If the new construction project cost is 70% or less of ARV then I can do 100% of the PP and Construction costs.
NO FORMAL APPRAISALS. Just an in house BPO to confirm the values. I can usually get your project approved with loan amounts in 1 business day. We can close as soon as 5 business days.
These loans are asset based, you do not need a certain credit score or income to qualify. If the project is a good deal then we can fund it.

I can also offer another ''gap fund'' type of loan program for additional funds you can use to cover the carry costs.

The first loan program is good for California, the second can be used in any state.
Also inquiry if you are looking for inventory in southern California.

You do not need to have a property tied up to ask about any of the loan programs, I will even be willing to take a look at potential deals you have your eye on and give you some preliminary loan figures

  • William Green
  • Offering