Loans to
Fix and Flip

Location: Pacific Grove, CA
Funded: $485,000
Private Loan Type: Business Purpose

fix-and-flip-loan-in-pacific-grove

Deal Highlights:

  • Borrower ran out out of funds to finish up construction project

  • The property was 80% complete, and will be listed for immediate sale

Deal Summary:

The borrower ran into additional unforeseen expenses during the renovation of this property, and needed to borrow additional funds to complete the project. We were able to tour the property the same day the request came in, and got the paperwork started straight away. We funded the loan within a matter of days allowing the investor to complete the property renovations, and list it for immediate sale.

Deal Details:

  • Property Type – Single Family w/ ADU

  • Lien Position – First

  • Loan-to-Value – 57%

  • Loan Term – 6 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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$485K fix and flip loan in Pacific Grove funded quickly to complete a renovation project and prepare the investment property for immediate sale.

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.