All California Lending Obtains 100% Fix and Flip Financing in San Diego


Posted June 8, 2020 by chrisgoulart

All California Lending is one of the most trustworthy and experienced hard money lenders in San Diego area and have obtained funding for a100% fix and flip transaction.

 
Hard money lending is associated with a lot of risks. However, dealing with the right hard money lenders can minimize the risk factor. All California Lending is one of the specialist hard money lenders in San Diego who make financing easier and quicker for their clients. Many of their transactions are fix and flip deals. On such loans they help in obtaining funding based on the as complete or after repair value (ARV) of the property. They also can help their borrowers obtain up to 100% financing in certain situations.

Recentlytheir hard money lenders of San Diegowere willing to come to the table and partner with their client to secure the acquisition, rehab costs and carrying costs of the client’s San Diego hard money loan project. They structured two hard money loans to secure this financing for their borrower. The first position loan was for 65% of the as completed value of the property, while the second position loan was an equity share type of funding to cover the cash in typically required. In exchange for equity participation, they were able to obtain funding for their client that required only minimal cash out of pocket.

At All California Lending, they have several different programs that can help investors finance fix and flip properties. Getting to 100% is the exception rather than the rule, but with the right deal it is possible. For borrowers who do not want to give up equity, they have programs that can finance up to 90% of the costs. By using the after-repair value as the basis for the loan amount they are able to help leverage the existing cash you may have on hand. So if you are looking to invest on a fix and flip deal in San Diego or anywhere in California, then you can get in touch with the All California Lending team.

“Many of our transactions are fix and flip deals. On these loans we are typically able to help obtain funding based on the as complete, or after repair (ARV) value. In some situations we are able to help our borrowers obtain 100% financing. This is a deal where our San Diego hard money lenders were willing to come to the table and partner with our client to secure the acquisition, rehab costs and carrying costs of his San Diego hard money loan project.Our relationships allow us to fund many loans that others simply cannot. Due to the personal nature of hard money lending, we can look past the issues that may preclude institutional financing. By building a package that highlights the strengths of your transaction we can put together a loan that makes sense. If the loan makes sense, chances are we can help you obtain funding.” – says a spokesperson at All California Lending.

About the Company:

All California Lending specializes in hard money loans in San Diego. They have many years of experience in the real estate lending business. They understand theSan Diego real estate market and have relationships with many funding sources to help them obtain financing for even the most complicated transactions. For more details visit https://www.acalending.com/
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Issued By All California Lending
Country United States
Categories Accounting , Finance
Tags hard money lenders san diego , hard money loans san diego
Last Updated June 8, 2020