Private Money Lenders for Investment Property Loans

 The Private Money Advantage

 

If you are a well-qualified buyer looking to take advantage of the myriad opportunities in the real estate market, California Private Money Lenders may be the best partner that you could ever want. While banks and credit unions remain overly conservative about lending on investment properties, California Private Money Lenders offer loans at competitive terms that can get you ownership of today’s best property investment opportunities. Here are just a few of the things that they can do for you:

  •  California Private Money Lenders can move quickly. Since most private mortgage originators are private investors they do not have committees which can take weeks or months to decide whether or not they will give you a loan. Once you find a suitable purchase opportunity and submit your application package, you can expect to close within the time frame of three weeks or less. This lets you write offers that can close more quickly, increasing the likelihood that you get the best deal.

 

  • Private Lenders can lend on assets that do not have proven cash flow. If you are looking to take advantage of foreclosed or vacant properties, you will find that many traditional lenders want to see the property generating a net operating income which is higher than the annual debt service. Private lenders look primarily at your down payment and your ability to pay off the loan.

 

Private Money Loans Are a Win Win

Why are Private Lenders making such great opportunities possible for you? It’s simple. They have money on which they want to earn a healthy return. Since Bank and Equity investments often times do not offer attractive yields, investors turn to borrowers like you. You get the capital you need to leverage your position and the lender earns a higher than average return on their investment.  Everybody wins.

Leave a Reply

Your email address will not be published.

1 × 1 =