A good portion of my business comes in the form of hard money rehab loans.  In recent months we have seen an increase in requests for Stockton hard money rehab loans, with investors finding quality properties that have nice profit potential in them.

Most of these properties are entry-level properties that need mostly cosmetic rehab.  With the low rehab costs and lower holding costs associated with entry level pricing in this area, investors are able to take advantage of some of our most aggressive products to leverage their existing cash or gap funding available to them.

On a typical deal in the Stockton area, we are able to lend between 60 and 65% of the after repair value.  Many times we end up funding a loan amount greater than the purchase price, due to the fact that we create an account to draw from to do the rehab work and also set up an interest reserve account that makes payments on the loan for the first 4-6 months (so you have no out of pocket debt service due until month 5-7 typically speaking).

While the San Francisco Bay Area real estate market has been hot, finding highly profitable rehab deals closer to San Francisco can be difficult.  There seems to be a lot of competition.  While there still seems to be a lot of competition in the Stockton area, we are finding many investors are able to secure profitable deals.

If you are a real estate investor looking to fund your fix and flip transaction with hard money, give me a call directly at 877 462 3422.  You can also visit us on the web to learn more about our hard money and rehab loan programs.  We can help you obtain funding for your real estate transaction throughout the entire state of California.  Typically we can give you a pretty good idea of what we can do and discuss some options with a short phone call.