Asher Evan Investments
Carmichael, California
CA DRE #02048694, NMLS ID #1695216
Asher Evan Investments offers private money loans on Commercial and Non-Owner Occupied Residential Properties located throughout California. We specialize in creative financing in order to fund even the most hard to place loans. We can issue approvals within 24 hours of receiving a package, and our large network of investors are able to fund and close loans quickly.
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types
- 2-4 Units Residential
- Agricultural
- Assisted Living Facility
- Auto Dealership
- Auto Repair
- Bed and Breakfast
- Cannabis Dispensary
- Car Wash
- Child Day Care
- Commercial Condominium
- Commercial Land
- Condominium
- Gas Station
- Golf Course
- Healthcare
- Hospital
- Hotel
- Industrial
- Mixed-Use
- Mobile Home
- Mobile Home Park
- Motel
- Multifamily
- Night Club
- Office
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Retail
- Senior Housing
- Single Family Residence
- Sports Facility
- Storage Facility
- Theater
- Winery
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
Agribusiness Types
- Cannabis
- Corn
- Row Crops
- Tree Nuts
- Vegetables
Will Consider Cannabis Use Properties
yesMaximum LTV for Cannabis Use Properties
65%Cannabis Property Use Type
- Retail Dispensary
Land Types Considered
- Multifamily Land
- Industrial Land
- Office Land
- Agricultural Land
- Cannabis Use Land
Will Consider Land That is NOT Entitled
yesMax LTV for Land
40%Max LTC for Land Acquisition
40%Max Loan-to-Purchase Price
75%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
- Seller Financing
- Family
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
noMax LTC for Renovation Costs
80%Legal Fee
At closing for loan documentation creation and review.
Minimum Origination Fee Amount
$1,500
Fees which are mandatory for all new borrower clients
- Legal Fee
- Appraisal Fee
- Credit Report Fee
- Environmental Report Fee
Fees which are paid to a third party company
- Legal Fee
- Appraisal Fee
- Escrow Fee
- Title Fee
- Credit Report Fee
- Environmental Report Fee
Contact Asher Evan Investments
Stay Informed About Private Lending
Asher Evan Investments is a California Private Mortgage Lender. Using our private investors, we provide equity-based lending for real estate properties with loan amounts ranging from $50,000 to $1,500,000 on California commercial, multi-family, land and non-owner occupied residential properties. We specialize in working with borrowers who have difficulty with traditional bank qualifications, and borrowers who do not meet the stringent requirements of conventional underwriting guidelines.
With over 17 years of experience in Real Estate Investments, Commercial Mortgage Banking and Financial Services, we have had our share of hard to fund loans. With creative thinking and outside the box lending ideas, we have been able to close and fund loans on all types of Commercial and Multi-family properties, as well as special-use properties such as churches, gentlemen’s clubs, bowling alleys, golf courses and many more.
Associations
- California Mortgage Association - Member
- Carmichael Chamber of Commerce - Member
Office Locations
4901 Marconi Avenue, Carmichael, California 95608Our Team
Angelica D. Gardner
Principal
CA DRE Broker Lic. - 01741477
NMLS ID - 389461
Justin Gardner
Vice President
Contact Asher Evan Investments
Stay Informed About Private Lending
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