Loans to
Fix and Flip Purchase

Location: Concord, CA
Funded: $565,000
Private Loan Type: Fix and Flip

fix-and-flix-loan-in-concord

Deal Highlights:

  • Off-market sale

  • Property required a full interior/exterior renovation

  • Seller owned the property 50+ years

Deal Summary:

A time sensitive off-market sale opportunity presented itself for our borrower. He knew he needed to move quickly to negotiate a price, secure funding, and get the deal closed. We quickly assessed the property and comps in the neighborhood to determine our max loan amount. Once the final calculations were confirmed, we went to work on the loan, and closed in a matter of days. Renovations are underway, and our borrower anticipates listing the completed property within 90 days.

Deal Details:

  • Property Type – Single Family

  • Lien Position – First

  • 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.