SD Equity Partners

100% Purchase Price Financing & No Monthly Payments for Fix and Flips

LTV: Up to 75% of ARV (or 100% of Purchase Price, whichever is less)

Property Geographic Area Details

San Diego County, Orange County, Los Angeles County

Loan Amounts

$100,000 to $650,000

Interest Rates

12% to 12%

Max Loan-To-Value

100%

Max Loan-To-Cost

100%

Origination Fees

4% to 4%

Loan Terms

3 months to 12 months

Lien Position

Loan Purpose

Investment Acquisition
Value Add Project

Property Occupancy

Vacant

Property Types and Loan Types

Collateral Types

Residential Property

Property Types

2-4 Units Residential
Condominium
Single Family Residence

Loan Types

Hard Money
Residential Fix and Flip

Purchase Loan

Max Loan-To-Purchase Price

100%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

Allowed Source of Borrower’s Equity

Own Cash
Partner
Family

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Works With

Brokers
Borrowers

Payment Structure

No Monthly Payments Required

Payment Structure Details

Pay points and processing upfront when acquire the property and principal and interest when you sell it after fixed up.

Pre Payment Penalty

yes

3 month min interest

Will lend to a foreign national

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

Will Consider Equity Joint Venture

Borrower Entity Types Considered

Individual(s)
LLC
Limited Partnership
Corporation

Documentation Required

Credit Report
Bank Statements
Financial Statements
Loan Application

Personal Guaranty (Recourse) Required

Always

Credit Check Required

yes

Minimum Credit Score Required

400

Credit Check Description

No min credit score. Will just need a letter of explanation for anything on credit report.

Appraisal Required for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Residential Property

Always

Fees

Site Visit Fee

$350.00 to $0

Drive by BPO ordered

Processing Fee

$650 processing fee due at COE

Fees which are mandatory for all new borrower clients

Credit Report Fee
Other Fee

Fees which are charged upfront prior to loan closing

Credit Report Fee
Other Fee

Fees which are paid to a third party company

Documents Fee
Settlement Fee
Escrow Fee

SD Equity Partners is a small family company owned by Evan and Liila Harris of San Diego CA. Evan and Liila used to fix and flip properties themselves, but they decided to get into the financing side of the business once they had children. Unlike other hard money lenders, Evan and Liila know exactly what you’re going through since they’ve gone through it themselves.

Using their experience in the flipping industry, they’ve designed a loan program where the acquisition of the property is funded 100%. This frees up the funds a person would normally have to front as a down payment to be used for rehabbing the property instead. This eliminates all Fund Control, allowing the rehabber to pay off subs as needed and move quickly through their flips.

We promise to move quickly so that you may never miss out on a deal. We promise to act with integrity and be open and honest with you at every step of the transaction. We promise to treat all of our clients the same: with respect and transparency.

We work in San Diego, Orange, and LA counties. We’ve recently started working in the Phoenix, Arizona market as well.

License

CA DRE #01887639, NMLS #341696

Year Established

2010

Office Locations

1611 A. S. Melrose Drive #367, Vista, California 92081

Primary Capital Source

Individual Investors

Alternative Capital Sources

Own Funds
Friends & Family

$17,000,000

Jennie Sullivan

VP of Operations

Jennie Sullivan of SD Equity brings with her over ten years of experience as a real estate agent. We think you will enjoy working with Jennie on new and current projects due to her detail-oriented, proactive and communicative approach. Armed with a strong knowledge of real estate transaction requirements and a bachelor's degree in Political Science from the University of California Santa Barbara, Jennie will coordinate the daily success of SD Equity's many projects.

License Information
CA DRE - 01825678

Holly Mack

Residential Fix and Flip

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Loan Request

Deal Name *

Short Description of your Loan Request or Property Address

First Name *

Last Name *

Company

Email *

Phone

Company Phone

Your Location

This information is about yourself, not the subject property.

Country *

State

Province

Country *

State/Province

City *

What is your primary role in this loan request? *

Specify Your Role

Requested Loan Amount *

Loan-to-Value

Preferred Loan Term *

months

Lien Position *

Collateral Type *

Will the loan be collateralized by multiple properties? *

Fill out the form for one of the properties

At the end of the form you can enter the additional properties.

Exit Strategy *

how will the loan be paid off?

Exit Strategy Details *

Subject Property Address

Subject Property City *

Subject Property State *

Subject Property Zip Code

APN Parcel ID Number(s)

Lot Size

acres

Subject Property Photos

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1

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Will additional properties be collateralized? *

Additional Properties

Address

City *

State *

Zip Code

APN Parcel Number(s)

Square Footage

Lot Size

acres

Type *

Other Type *

Number of Units

Photos

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	Photo Link
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Borrower Entity *

Other Borrower Entity *

Borrower’s Credit Rating *

Comments

Additional Attachments

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858-869-0677 Send Email

SD Equity Partners, Inc.

Our Minimum Loan Amount Is

$100,000

Lending Profile

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Team

Transactions

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Property Geographic Area Details

San Diego County, Orange County, Los Angeles County

Loan Amounts

$100,000 to $650,000

Interest Rates

12% to 12%

Max Loan-To-Value

100%

Max Loan-To-Cost

100%

Origination Fees

4% to 4%

Loan Terms

3 months to 12 months

Lien Position

Loan Purpose

Property Occupancy

Property Types and Loan Types

Collateral Types

Property Types

Loan Types

Purchase Loan

Max Loan-To-Purchase Price

Borrower Must Have Property Under Contract

Will Provide Proof of Funds Letter

Will Consider Lending on Purchase from Auction

Allowed Source of Borrower’s Equity

Details and Requirements

Typical Closing Time (Days)

Fastest Closing Time (Days)

Works With

Payment Structure

Payment Structure Details

Pre Payment Penalty

Will lend to a foreign national

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

Will Consider Collateralizing Multiple Properties in One Loan

Will Consider Equity Joint Venture

Borrower Entity Types Considered

Documentation Required

Personal Guaranty (Recourse) Required

Credit Check Required

Minimum Credit Score Required

Credit Check Description

Appraisal Required for Residential Property

Broker Price Opinion (BPO) Accepted for Residential Property

Fees

Site Visit Fee

Processing Fee

Fees which are mandatory for all new borrower clients

Fees which are charged upfront prior to loan closing

Fees which are paid to a third party company

License

CA DRE #01887639, NMLS #341696

Year Established

2010

Office Locations

Primary Capital Source

Alternative Capital Sources

Percentage of company’s lending business focused on private mortgage

Percentage of Loans Secured by Residential Property

Percentage of Residential Property Loans Which are Fix and Flip

Total Number of Loans Funded to Date

Total Loan Volume Funded to Date

2017 Number of Loans Funded

2017 Loan Volume Funded

Jennie Sullivan

VP of Operations

Holly Mack

VP of Business Development