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Our Specialty:
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Quick close private financing
Non-institutonal and non-regulated capital
More flexible than institutional debt
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Loan Types:
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• Quick close opportunities
• Rehab/repositioning
• Building acquisitions
• Bankruptcies/workouts
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• Turnarounds
• Foreclosures
• Equity cash out
• Creative Financing
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Property Types:
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Most property types in California .
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Speed:
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Closing in 10 days, faster if necessary
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Loan Amount:
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$1,000,000 - $5,000,000
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LTV:
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Up to 75% of reasonable property value
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Interest Rate:
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10% - 14% depending on risk
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Points:
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2 - 4 points depending on risk
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Term:
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Typically one year, extensions available
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Recourse:
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Usually required although non-recourse is available
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Easy Process :
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Appraisals not always needed
Simple loan documents
No up-front fees
Brokers protected
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