Loans to

Location: Glendale, CA
Funded: $1,250,000
Private Loan Type: Bridge Loans


Deal Highlights:

  • Neglected 3 unit apartment building did not qualify for traditional financing

  • Our borrower needed to close the deal, and make the necessary repairs

Deal Summary:

Previous tenants left this property in shambles, so the owner opted to sell the property, and our borrower jumped at the opportunity. We provided a bridge loan to complete the purchase transaction, and our borrower completed the necessary repairs and renovations within 6 months. All three units were leased shortly thereafter.

Deal Details:

  • Property Type – Multi-Family Residence

  • Lien Position – First Mortgage

  • Loan-to-Value – 60%

  • Loan Term – 12 months

More Deals by HCS Equity

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

  • 3-unit-apartment-building

Distressed Investment Property Purchase

May 17th, 2024|Comments Off on Distressed Investment Property Purchase

The borrower could not obtain traditional financing due to the property's neglected condition, so we've secured a private bridge loan for the purchase of a distressed 3-unit apartment building.

  • hard-money-fix-flip-loan

Hard Money Fix and Flip

May 3rd, 2024|Comments Off on Hard Money Fix and Flip

An experienced real estate investor secured a hard money fix and flip loan to complete a purchase swiftly amidst competitive offers.

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.