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Crescent Lenders Funds

$500K Construction Financing Bridge Loan

Huntington Beach, Orange County

About The Deal

The borrower works as a building inspector supervisor for the State of California and therefore has good working knowledge of the construction business.

He had all necessary permits and his cousin, who is in the remodel and fix and flip business, is managing the project.

Upon purchase, the property was a 2-bedroom and 1-bathroom, 910 sq. ft. home.

The borrower added 391 sq. ft. to the existing structure and a new garage with a 375 sq. ft. studio.

After the expansion, with the additional square footage and studio, the property will be marketed at a sales price of around $1.0 million.

The property is located in a good area of Los Angeles (adjacent South Pasadena and Alhambra).

The borrower’s good credit and knowledge combined with a great property location made this an attractive bridge loan to fund.

Single-Family Home in Huntington Beach, Orange County
Amount
$500,000
Location
Huntington Beach, Orange County
Rate
8.8%
LTV
75.0%
Term
12 months
Type
Construction Financing
Residential
Single-Family Home
Exit Strategy
Sale of subject property

Looking for a Construction Financing Loan Near Huntington Beach?

Crescent Lenders is a top rated private money lending company providing loans around The Orange County area.

We have been providing loans to commercial, residential and industrial California real estate investors for over a decade.

Whether you need a bridge loan to acquire a commercial property in Laguna Beach or require financing to purchase a high-end home in Newport Coast, Crescent Lenders is here to help you with all your private money loan needs in Orange County's most exclusive neighborhoods.

Our expertise extends to providing tailored solutions for a wide range of property types throughout the region, including the affluent communities of Dana Point and San Juan Capistrano. Trust us to work closely with you to secure the right financing for your unique real estate needs in this prestigious part of Southern California.

Ready to take action and secure the funding you need? We can fund your private money loan in Orange County.

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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, cash-out
All types of investment properties considered, residential, commercial and industrial
Crescent Lenders

Suite #116, 999 Overland Ave

Los Angeles, California

90064


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.).