San Bernardino County Fix and Flip Lenders
Are you flipping residential properties in San Bernardino County? On this page you'll find a list of fix and flip lenders throughout San Bernardino County's urban areas. Fix & flip lending is only for residential properties with 1-4 units. We have a separate page for lenders that offer rehab/value-add financing for other property types. The maximum loan-to-after repair value (LTARV) for most lenders in San Bernardino County is 70%. You typically need some cash for the purchase (15%-20%) and some cash reserves.Searching...
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PrideCo Loans Inc.
Family Office Hard Money Lender for Multifamily and Residential Investment Properties
Select a Metro Area
California is a huge state, and most fix & flip lenders are selective about where they lend. Filter your search by selecting a metro area:
Northern California: SF Bay Area | Sacramento | Lake Tahoe
Southern California: Los Angeles | San Diego | Orange County | Riverside County | San Bernardino County | Santa Barbara
Central California: Central Valley | Bakersfield | Fresno
Funded Fix & Flip Loans in San Bernardino County
RCN Capital, a national direct private lender, funded a $252,550 1st lien position fix and flip loan for a single-family home in Running Springs, a small mountain town community in San Bernardino County, CA. We funded 100% of the $60,550 renovation budget and 71% of the $240,000 purchase price, while the Borrower contributed 29% cash to the purchase at closing. The after-repair value was $400,000 so our loan-to-after-repair value was 63%. After repair, they expect to have a return of about 30% on the sale of the home. The Borrower has one previous verifiable flip for experience, and they had good credit with a middle score of 724 and sufficient reserves to qualify for the loan. The subject property is approximately 1,164 square feet. The interest rate was 10.99% and we charged 1.25% origination points. The loan term was set at 12 months. This SFR fix and flip loan was funded in November 2023.