Covina Hard Money Loan for Single-Family Home

The borrower acquired a 1,410 sq. ft. 2 bedroom, 2 bathroom home on a 9,400 sq. ft. lot in Covina, California for $525,000.

Due to multiple offers the buyer had to go over the asking price.

Over the past two years, Crescent Lenders has provided the borrower with numerous private money loans for the purchase of six separate properties.

The subject property will be a light remodel and then resold for a profit.

The borrower put down 35% of the purchase price and Crescent Lenders supplied the remainder of the funds to complete the transaction.

$345,000
Amount
12 Months
Length
65
LTV
9.25
Rate
Fix-and-Flip
Type
Residential
Single-Family Home
Exit Strategy
Sell the property

Secure a Los Angeles County Private Money Loan

Maybe you need a 1031 exchange bridge loan or an inheritance probate loan, whatever your circumstances, Crescent Lenders is ready to help.

Our private money loans can provide a competitive edge for real estate investors in any market, especially California.

Contact us today and we can answer all of your questions!

We Can Deliver Rapid Financing

Between $200k and $5 million dollars

Nationwide private lender (not a broker, avoid the extra fees)

Funding loans such as purchase, refinance, rehab, probate, 1031 exchanges and cash-out

All types of investment properties considered, residential, commercial and industrial



Crescent Lenders

2999 Overland Ave, Suite 116
Los Angeles, California
Phone
213-474-3131
  • California
  • Los Angeles
  • San Diego
  • San Francisco

Disclaimer: Crescent Lenders, DBA CrescentLenders.com ("CL") is a California licensed broker under California Bureau of Real Estate License No. #01792267. Regardless of this license, CL considers itself a “finder” for purposes of applicable laws and regulations (California Business & Professions Code § 10130, et. seq.).

Crescent Lenders, 2999 Overland Ave, Suite 116, Los Angeles, California, 90064