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Where Can a Real Estate Investor Get a Construction Loan in the San Fr
Our fund is located here in the East Bay in the San Francisco bay area. Construction loans are a lot more hands on.
If you’re looking for a private money or hard money loan—construction loan. The lender must be somebody in the San Francisco bay area. This is because we want to be within a relatively easy driving distance. Because there’s a lot of inspections that we’re going to drive by and do inspections
Our third party vendors are going to drive by and do inspections.
So it’s not feasible for to do loans in other states, let alone down south in Southern California.
With private money, its very transaction based, but it’s also, there’s a lot of relationships—so we lend money to the same investors over and over again
So as you build these relationships, borrowing money becomes very simple
In the beginning, whenever you’re working with any fund or new lending institution, it’s always a little bit more challenging because you don’t have a track record with them. So one of the biggest keys is a build relationship with a hard money company in the San Francisco bay
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