
Are you looking for more private money to enable you to take your flipping game to the next level? With less inventory available, now is the time to sharpen your skills. Finding off-market deals, higher-end homes, adding square footage, and doing complete renovations is the key to successful flipping in today’s market.
The San Francisco Bay Area is ripe for development deals. With a thriving tech economy driving the housing market, in addition to the low inventory level, this has created a very competitive market.
It is critical to engage with a private money fund that understands construction loans and large renovations. When working on a large renovation, it is necessary to have a strategic plan, especially if you need to borrow funds for the project. Time is money and putting together a plan from the start will help to facilitate a smooth transaction.
The San Francisco Bay Area housing market has rebounded much faster than anticipated by many real estate professionals. With low inventory, this has sparked a huge interest and spec home builders are jumping back into the market. For every new house built, it creates two to three full time jobs. That being said, I believe this is the next market cycle which will stimulate our local Bay Area real estate market. The private money fund, for which I originate deals, has been working with spec homebuilders for over fifteen years. Our flexibility for ground-up construction loans is impressive. Due to the banks continuing to be very conservative with construction lending, there exists a huge need for private money construction loans.
Private money construction loans work much like traditional construction loans except without all the red flags. We fund “make sense” loans to credible borrowers who are in the business and operate professionally.
I encourage interested parties to call or email me today to learn more about our construction loan programs. For wholesalers, who have projects and would like additional information, I welcome your calls. I have a large network of investors and developers and you will be able to get your projects moving forward.
Call me at 925-852-8261 or send me a message through the contact page.
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