Bay Area Hard Money Fix And Flip Financing

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Bay Area Hard Money Fix And Flip Financing

First Capital Trust Deeds secured a $350,000 Bay Area hard money fix and flip financing loan on this property in Alamo. This very experienced buyer planned on tearing down the home in order to build a larger modern home on the large lot.

This loan was very low-leverage at approximately 22% Loan-to-Value (LTV), which made it very safe for the trust deed investor that funded the loan within one week. Low-leverage loans are not something FCTD does that often since most real estate investors call us seeking the highest leverage they can obtain on their projects. So a low-leverage loan is a nice change of pace for us and for the trust deed investors who fund our loans.

Bay Area Hard Money Fix And Flip Financing Terms:

  • $350,000 Loan Amount
  • 9.99% Interest-Only
  • 12-Month Term
  • No Prepayment Penalty
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.