Empowering Investors of All Levels: We're passionate about helping you achieve your California real estate goals, whether you're a seasoned pro or just starting out.

Unlock a Range of Financing Options: We specialize in fast and flexible loans to fuel your projects:

• Fix & Flip: Breathe new life into properties and secure quick profits.

• New Construction: Build your dream project from the ground up.

• Bridge Loans: Secure temporary financing for income-producing properties.

• Cash-Out Refinance: Unlock the built-up equity in your existing property.

Fast Approvals, Expert Guidance: Our streamlined process allows us to quickly assess your situation and get you the funding you need. We're here to guide you every step of the way, offering expert insights and personalized recommendations.

Don't Let Traditional Banks Slow You Down: Traditional financing can be slow and restrictive. We offer a faster, more flexible alternative to unlock your California real estate dreams.

Contact Troy Mire Hard Money Today! Let's discuss your project and get you started on the path to success. Call now: 562-244-7963

What types of deals should hard money loans be used for? Hard money loans are best for specific situations and are most effective when used correctly. When traditional financing through a bank or credit union is not an option, or for projects with short-term periods, hard money lenders provide the best avenue for obtaining a loan. Real estate is where hard money loans are most beneficial, especially for projects with shorter durations. Fix and flip properties, in particular, are ideal options for hard money loans.

Property Types Best Suited for Hard Money Loans As asset-based loans, hard money loans for real estate are effective for several types of properties. Each hard money lender often specializes in specific niches within the real estate market, offering expertise and comfortable lending in those areas. While the majority of hard money lenders focus on residential properties, some may also provide loans for commercial properties. Property types best suited for hard money loans include single-family residential properties and more.

What is a hard money lender? A hard money lender offers an alternative method to traditional lenders, providing loans that are secured by real estate. These loans are typically funded by private investors rather than through banks or credit unions. Hard money loans are generally short-term, typically running for a term of one year with the possibility of extension. Hard money lenders offer loans that differ from traditional or conventional loans.

The History of Hard Money Loans Since its inception, hard money lending has served as an alternative for borrowers seeking capital for real estate holdings, primarily in the U.S. and Canada. In the 1950s, the credit industry experienced a new era with the introduction of the first credit cards and loans from non-institutional lenders in the private sector, known as "hard money." This era, coupled with deregulation, laid the foundation for the evolution of hard money loans.

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