What Is Private Money?

What Is Private Money?

When traditional bank financing may not be an option, borrowers may turn to private money lenders for financing. Private money is the process of lending money to a company or individual by a private individual or organization. This type of lending is beneficial for...
Martinez Fix ‘n Flip

Martinez Fix ‘n Flip

Loan Amount * $216,000.00 Rate * 8.50% Appraisal Value * $360,000.00 Term * 12 months Lien Position * First This was a returning borrower who was in contract to purchase a SFR in Martinez. Our borrower is very experienced in real estate and plans to remodel and sell...
Malibu Condo

Malibu Condo

Loan Amount: $420,000 Rate: 5.99% Appraisal Value: $ 1,025,000 Term: 24 months Lien Position: First This is the second loan we have to this borrower; a well-established developer in Southern California. The condo was an all-cash acquisition in a short sale...