Loans to
Fix and Flip Loans

Location: Oakland, CA
Funded: $720,000
Private Loan Type:Fix and Flip Loan

fix and flip real estate loans

Deal Highlights:

  • Our borrower was able to purchase this home well below market

  • Major renovations for this fix and flip investment property were completed within 4 months

  • Property was listed for sale, and sold within 30 days over asking price

Deal Summary:

Our borrower found a property well below market, and needed to facilitate the purchase with a 10-day close. We were able to provide the necessary capital to get the deal done with time to spare.

The property underwent a full renovation, was listed for sale within 5 months, and sold over asking price. This was a win/win for our borrower as our fix and flip loans never have repayment penalties, so they were able to repay our loan during the sale transaction.

Deal Details:

  • Property Type – Single-Family

  • Lien Position – First Mortgage

  • Loan-to-Value – 65%

  • 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.

Napa Commercial Building Rehab

August 31st, 2023|0 Comments

Loans to Commercial Property Loans Location: Napa, California Funded: $834,000 Private Loan Type:Commercial Property Loan Deal Highlights: deferred maintenance and building improvements needed to qualify for a traditional refinance loan

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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.