Loans to
Bridge
Location: Mountain View, CA
Funded: $2,101,000
Private Loan Type: Bridge Loan
Deal Highlights:
Deal Summary:
The subject property was held in an irrevocable trust, and the trustee approached our firm about financing options to help cover the expense of moving their family home a few hundred feet and splitting the lot, so they could complete their sale transaction with the city. We ended up providing three rounds of financing over two years. Once all the necessary work was completed, the land sale transaction with the city was completed, and our bridge loan was repaid.
Deal Details:
More Deals by HCS Equity
HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.
Investment Property Purchase and Rehab
HCS Equity provided a $1,895,000 fix and flip loan to a seasoned investor for a hoarder's property in urgent need of renovation in Carmel, CA.
Investment Property Fix and Flip
$360K fix and flip loan in Brentwood helped an investor secure an off-market property fast, complete renovations, and sell within 90 days.
Sibling Buyout of Trust Property
$985K trust loan in Half Moon Bay funded a sibling buyout, preserving the family home and Prop 19 tax base before refinance by the beneficiary.
