SFR – Fix and Flip Los Angeles

At S&L Capital Group, we feel Hard Money doesn't have to be Hard, Difficult or Stressful. When working with a hard money, or private lender, ask yourself what are the positives of the relationship? All things consistent, are you getting treated like you should? Does your lender add stress to your business, or take the stress away from your business? (Don't kid yourself, it's either one or the other.) Here is a recent funding for a repeat client of ours in Los Angeles, CA. We put together $703,000 fix and flip loan that came in at 80% purchase / 100% rehab and 82.22% LTC. We felt they were acquiring a property with built-in value as there was already a permitted unit at the rear of the property. The property was dated but all things considering, was in reasonable condition. From initial loan app to funding, we were in a position to fund in 8 business days.