California hard money loans

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  • Local California Hard Money Lenders
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California Hard money lenders

California hard money lenders have pioneered the private lending industry, alongside the booming real estate market in a state known for innovation and a new perspective.  The booming housing market attracted investors large and small to both coastal and inland California – all requiring working capital to purchase and build new projects.  California hard money loans helped paved the way for the current hottest trends nation wide: cannabis-tenanted real estate, flex warehousing, and industrial space.  When banks were either too conservative or unwilling to consider new investment opportunities – private hard money lenders stepped in.

One example we continue to see in the sizzling coastal multifamily market – are properties with daily/monthly rental income.  Investors quickly jumped on the sharing economy benefits with companies like AirBnb and VRBO, and converted traditional assets to hospitality income, and thus increasing their bottom line.  Daily rental can increase cash flow by up to 60% compared to traditional residential leases, so investors naturally looked for attractive locations to purchase and convert to daily rentals.  However, when it came time to refinance those properties and cash out – traditional banks underwrite the income as if they are rented with market rents.  Banks are still hesitant to recognize the potential of daily rentals, even though it may just be the next big trend in the multifamily space.  California hard money lenders however, are more flexible in their underwriting – and can reach further when traditional banks can’t. 

Another field where private California hard money lenders stepped in is cannabis-related real estate.  Federal regulations will block a refinance or purchase when the property is used for cannabis sale or growing marijuana.  The void for investors was filled with private lenders, who saw the potential in this space and were willing to take the risks involved in order to reap rewards along with the investors/retailers.

We believe private financing will change the lending world just like Uber changed transportation.  During the 2009 financial crisis we learned that most of the fears associated with private financing  (predatory rates, high fees, speculation) were regular practice for the major financial banks.  The sharing economy is proof that the most efficient way to conduct business is peer-to-peer where both parties can dictate the terms that are comfortable for their needs.  The advantages of traditional mortgages are clear – lower rates from institutions that are highly regulated by the government.  However, many shrewd investors realized that speed of approval is just as important as low rates.  This is where private hard money loans come into the picture – with a turnaround of days, not weeks – you can secure financing on a deal that requires a fast close and beat other investors with a better offer.

Investors looking to purchase multifamily properties in California who are looking to close fast or with credit issues can secure capital with private hard money loans. Considered by many as the safest real estate investment, apartment buildings in California enjoy low vacancy rates and good cap rates.  We can provide funding for any investment strategy:

  • Refinance
  • Cash out
  • Renovate and Flip
  • Condo conversion
  • Vacation rentals

We provide commercial investors with capital solutions for any type of commercial properties.  Commercial hard money loans can be used for the following purposes:

  • Purchase with a quick all-cash close
  • Refinance an existing loan
  • Cash out (first or second position)
  • Construction loan
  •  You have bad credit, judgements, bankruptcy on your record
  •  You are purchasing a non-traditional asset and need a creative solution to a capital problem
Commercial hard money loans in California can provide a creative solution to any of the above challenges.  Asset-based lending removes the borrower from the equation and simplifies and otherwise long lending process. We fund any type of commercial real estate:
  • Shopping centers/Retail malls
  • Single tenant
  • Office buildings
  • Hotels/motels/hospitality
  • Industrial building
  • Healthcare – nursing homes, hospitals, healthcare centers
  • Land
  • Warehouses

California Facts


California is home to almost 40 million people, making it the largest state in the country. It is also one of the fastest growing states.​

Diversity of industry

California is blessed with multiple flourishing industries that fuel job growth in almost any economy: from high-tech in Silicon Valley, to agriculture in the central valley and a revitalized manufacturing sector.​

Ballot measure system

California unique ballot initiatives give California voters power to make or repel laws by casting a vote. This led to stopping property tax hikes with Proposition 13 (insert link here).​

Unlike other lending sources, we highly specialize in mobile home parks thanks to our years of experience and depth of knowledge in the field.  Mobile home parks and manufactured housing are a unique form of real estate, very different than other residential investments.  In fact, every state has a unique set of laws just for mobile home park owners and residents.  

With almost every coastal state with a housing crisis, and a fast growing demand for construction goods – we believe manufactured homes are the solution to many of this housing challenges.  Mobile home park investors in California can contact us for any of the following purposes:

  1. Mobile home park purchase
  2. Neighborhood development
  3. Senior mobile home park (55 and over)
  4. Tiny homes

Fix and flip project have two important elements: they wrap up quickly and require capital.  This is why real estate professionals in California who seek a fix and flip hard money loan come to us for possible solutions.  Private lending are the perfect match for flippers with fast approvals and asset-based lending terms.  

Whether it’s a house or duplex – sometimes you can’t wait to sell your current flip to purchase the next fixer-upper.  This is where we can come in and provide a ‘bridge loan’ to make sure you don’t miss your next project due to capital challenges.  

California Hard Money Laws and Regulations

Interest rates in California have a cap of 10% for general loans given by non-exempt lenders.  Loans secured by real estate may be exempt from interest rate cap – see California Code 1916.1.  

There are other exemptions from the interest rate cap – like loans made by licensed lenders, sellers financing, credit cards and other business loans.

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