Loans to
Fix and Flip

Location: Carmel, CA
Funded: $1,895,000
Private Loan Type: Fix and Flip Loans

investment-property-purchase

Deal Highlights:

  • A seasoned investor found a hoarder’s property in need of an immediate renovation

  • We were able to view the property the same day, and give our borrower approval for the requested loan amount

Deal Summary:

An opportunity presented itself for our borrower to buy a property that had been occupied for the last 40 years by a hoarder. The bones of the property were sound, and if done right the rehabbed property would yield a great return. We provided a fix and flip loan, and the borrower, a contractor by trade, had everything lined up to get work underway the day the transaction closed.

Deal Details:

  • Property Type – Single-Family Residence

  • 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.

  • non-owner-occupied-bridge-loan

Non-Owner Occupied Bridge Loan

April 19th, 2024|Comments Off on Non-Owner Occupied Bridge Loan

A non-owner occupied bridge loan of $1,470,000, structured to assist the borrower in acquiring a new investment property in Burbank, CA while awaiting the sale of an existing one.

  • trust-equalization-investment-property

Trust Equalization of Investment Property

March 22nd, 2024|Comments Off on Trust Equalization of Investment Property

HCS Equity facilitated the trust equalization where one beneficiary wanted to buy out two siblings and preserve property taxes under Proposition 58.

  • 1031-exchange-purchase

1031 Exchange Purchase

March 15th, 2024|Comments Off on 1031 Exchange Purchase

HCS Equity worked closely with the borrower and the QA to facilitate a 1031 exchange in Aptos, CA, with a loan of $560,000.

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.