This is a hard money broker I’ve known for a long time, he’s a good friend and my preferred lender. He loans on bread & butter deals as well as large luxury projects throughout California only. I’d love to introduce you to him if it sounds like you have a viable loan scenario.
Depending upon the risk, CA only
Covers all costs including: carry costs & rehab/construction budget.
Only thing out of pocket is EMD and inspection fees.
100% financing of the acquisition – 1st & 2nd Combo with 50/50 Split with JV lender
ARV Program – 100% of the purchase price
You cover all closing costs and rehab costs, the rehab budget is fund controlled.