Loans to
1031 Exchange
Location: Pasadena, CA
Funded: $520,000
Private Loan Type: Purchase
Deal Highlights:
Deal Summary:
The borrower approached us regarding financing for their Reverse 1031 Exchange purchase. We quickly ran through the numbers to confirm the viability of the transaction, and connected with the QI to get all the specifics. Our team worked diligently to underwrite, fund, and close on time. The borrower has 180 days to list and sell their existing investment property, and will use the proceeds from the sale to pay off our loan, which has no prepayment penalties.
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.
Residential Bridge Loan
$1.43M bridge loan in Castro Valley helped a nonprofit close a residential purchase after traditional financing fell through at the last minute.
Fix and Flip Purchase
$295K fix and flip loan in Fairfield helped an investor acquire an off-market duplex, complete renovations, and secure an all-cash sale above asking.
Trust Equalization and Distribution
$900K trust loan in San Jose funded a trust equalization, allowing one beneficiary to retain the family home while preserving its low property tax base.