Loans to
Fix and Flip

Location: South Pasadena, CA
Funded: $1,650,000
Private Loan Type: Fix and Flip Loan

distressed-home-rehab

Deal Highlights:

  • Long neglected historic home in a prime neighborhood

  • Off-market sale situation, so quick close required

Deal Summary:

A local real estate investor uncovered an off-market opportunity to buy a historic home in need of TLC with the goal of renovating and selling for a profit. One of the stipulations from the seller was that the sale had to close within 5 business days. Having worked with this investor in the past, our team jumped right in to get the deal closed by providing a fix and flip loan.

Deal Details:

  • Property Type – Single-Family

  • Lien Position – First Mortgage

  • Loan-to-Value – 65%

  • Loan Term – 12 months

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HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.

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Looking To Get Started?

Contact us today for more information regarding any of our loan products. As direct lenders, we make quick approval decisions, and can provide funding in as little as 7-10 days. We are available via phone or email anytime of the day or night.