All Forum Posts by: Vadim Rubinstein

We are always looking for new Investors to work with. We are a hard money lender in Los Angeles California. 

Contact me if you have money you would like to lend. 

Generally short term loans between 3-24 months.

I wanted to introduce our company, We are a local hard Money lender, we are able to offer funding for multiple property types including Single Family Residential, Multi-Unit, Apartment Buildings, Commercial, Land, Construction, Refi, Cash out Renovations, 2nds.

We can also do loans outside of California for loans over $500,000 as long as its a Judical Foreclosure State.

LBC capital is a direct hard money lender. We also work with private individual investors to accommodate any scenario you might have. You can rely on us as we have 100% closing ratio on all submitted files. If you have a rush deal we can close your transaction within 48 hours. There are hundreds of pending transactions that aren't being closed on time. Maybe private lending is the right away to go to secure the property and then refinance at a better rate. Give

me a call to get a right away response and same day commitment at 818 761-7234 Ext. 313 or 818-216-8071

Our most popular program is that we lend 60%-65% LTV based on market value not the purchase price. In that case if you are buying a property below market value it's possible for you to put as low as 10% - 20% down to qualify for the loan.


Hard Money Terms:


* Rates 7.99% - 10% ( Based On Down payment )
* Instant same day Approval

* 3-7 Day Close
* Start at 2.0 Points
* 60%-75%ltv
* 0-9 Month Prepayment penalty
* Seconds are Ok
* Bad Credit Ok
* Low Docs ( No Taxes )
* Residential, Commercial, Construction Loans
* Loans from $100,000 to $150,000,000
* Brokers are Welcome
* No upfront fees
* California Only
* Investment property only


We also specialize in 2nd cash out and construction loans.


Terms depend on property type, condition and loan amount.
Call me at 818 761-7234

Ext. 313 or 818 216-8071

-- Vadim

Rubinstein

Private

Finance Department

(818)216-8071 Cell818 761-7234 Ext 313Email: [email protected]
www.lbccapital.com 6350 Laurel Canyon Blvd Suite 315-340 North Hollywood CA 91606

Real Estate Broker, California Department of Real Estate, CA DRE #01445206 

For the loans hard money lenders do they generally want to see 65-70% LTV, we have some investors that will do 75% but it just depends on the value of the property. 100% financing is not impossible but it is on a case by case basis. Our Funders want to see a safety net so if they do not get their payments monthly they are able to sell the recoup their cash by taking over the property and then selling.

-Vadim

You can always utilize a hard money lender to get the property and then refinance down the line (we have terms between 3-24 months). One client I have makes 16-17% on her rentals so hard money is still worthwhile with 8-10% interest rates. Plus appreciating property values are another avenue for profit along with the rentals.

 Or another option is instead of holding long term to buy and flip this if there is equity and you know you will be making money don't let go of this deal just because you cannot qualify for conventional loans. 

Of course getting the owner to creatively finance is another option, sometimes our investors will do both (have the owner carry 20-30%) as a seller carry back and have us be the primary lender for the rest of the funds to make the deal happen.

I wanted to introduce our company, We are a local hard Money lender, we are able to offer funding for multiple property types including Single Family Residential, Multi-Unit, Apartment Buildings, Commercial, Land, Construction, Refi, Cash out Renovations, 2nds. 

We can also do loans outside of California for loans over $500,000 as long as its a Judical Foreclosure State.

LBC capital is a direct hard money lender. We also work with private individual investors to accommodate any scenario you might have. You can rely on us as we have 100% closing ratio on all submitted files. If you have a rush deal we can close your transaction within 48 hours. There are hundreds of pending transactions that aren't being closed on time. Maybe private lending is the right away to go to secure the property and then refinance at a better rate. Give

me a call to get a right away response and same day commitment at 818 761-7234 Ext. 313 or 818-216-8071

Our most popular program is that we lend 60%-65% LTV based on market value not the purchase price. In that case if you are buying a property below market value it's possible for you to put as low as 10% - 20% down to qualify for the loan.


Hard Money Terms:


* Rates 7.99% - 10% ( Based On Down payment )
* Instant same day Approval

* 3-7 Day Close
* Start at 2.0 Points
* 60%-75%ltv
* 0-9 Month Prepayment penalty
* Seconds are Ok
* Bad Credit Ok
* Low Docs ( No Taxes )
* Residential, Commercial, Construction Loans
* Loans from $100,000 to $150,000,000
* Brokers are Welcome
* No upfront fees
* California Only
* Investment property only


We also specialize in 2nd cash out and construction loans.


Terms depend on property type, condition and loan amount.
Call me at 818 761-7234

Ext. 313 or 818 216-8071

--

Rubinstein

Finance Department

Real Estate Broker, California Department of Real Estate, CA DRE #01445206