Inland Empire Hard Money Loans

Hard Money & Bridge Loans in Inland Empire, CA

Serving surrounding Los Angeles metropolitans such as Inland Empire, RTI Bridge Loans can help you finance your next real estate purchase within the area along with a quick and easy process. For over 30 years now, RTI has helped investors buy the home of their dreams or invest in properties to renovate and flip them. So, what exactly is a hard money loan, and how will applying for one potentially help you? Keep reading to learn everything you need to know about Hard Money Loans and the booming Inland Empire, as well as why you should begin investing in the area.

30 Years Of Experience
30 Years Of Experience

Partner with one of the most reliable and professional direct hard money lenders in California with over 30 years of hard money lending experience.

Fast Approvals And Funding
Fast Approvals And Funding

Quick approvals and direct funding when time is off the essence and need capital on critical opportunities in this fast-moving real estate market.

Leverage Your Money
Leverage Your Money

Maximize Leverage with our financing up to 70-80% LTV of the residential, commercial or mixed project at competitive hard money loan rates.

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We Fund California Real Estate Projects

RTI Bridge Loans, one of the most experienced direct hard money lenders in California serving Los Angeles and Orange County. We fund hard money loans to Real Estate Developers and Investors, regardless of the size or a challenge of the project, ranging from Bridge Loans, fix and flips to Private money Loans and commercial acquisitions. We provide quick approval and funding with competitive rates and reliable service through asset-based lending for various real estate projects and transactions.

Hard Money Loans Real Estate California

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Hard Money Loans – Inland Empire

Within the Inland Empire city limits and surrounding cities, RTI Bridge Loans offers a copious amount of Hard Money Loan Types to help you fund your next project. From Private Money Loans to fix and flip loans, commercial property loans and Bridge Loans, RTI has you covered. The Inland Empire is a city adjacent to the greater Los Angeles area, and the economy and rental industry are reaching an all-time high – only to continue growing within the next few years as more people make their way to the area. Contact RTI Bridge Loans today at (310) 532-5008 for more information about the Inland Empire real estate market and how you can begin investing today!

Contact RTI Bridge Loans today at (310) 532-5008 to discuss the best bridge loan solution and plan of action for your lending needs.

What Are Hard Money Loans?

Secured by real property, better known as collateral, hard money loans are short-term loan options often seen as a ‘last resort’ by investors. Don’t let this scare you away – hard money loans are an excellent way to purchase a new property when you know and understand everything about them. Hard money loans are very short-term, roughly lasting one year, and for that reason, interest rates are high (usually around 9-15%). Hard Money Lenders look over-rules and regulations that financial institutions will scrutinize you for, such as bad credit or a blemished buying/renting history. This is because hard money lenders know you will have a property as collateral, and if payments aren’t made, the collateral will be sold so the lender can get their money back. You must have a solid repayment plan when you take out a hard money loan, or your project might flop.

Private Money Loans In The Inland Empire, CA

Private money loans are a type of hard money loan lent privately from a lender to an investor. They are normally used to purchase a new property or invest in a commercial property. These types of loans are much like hard money loans – they are short-term, last roughly a year, have high-interest rates, and use the real property as collateral. Serving Inland Empire and surrounding Los Angeles metropolitans, RTI Bridge Loans is a Private Money Lender that can provide you with funding for your next real estate endeavor. Now is the perfect time to invest – expect to see a large influx of people moving to The Inland Empire as the market continues to boom. Contact RTI Bridge Loans today for more information about your big move.

Fix And Flip Loans In The Inland Empire, CA

With a lower population than many of the major cities surrounding Los Angeles, The Inland Empire is still exactly how it sounds, an empire that’s growing rapidly. This makes the perfect area to invest in fix and flip projects. What exactly are Fix and Flip Loans? Lenders provide investors with fix and flip loans when investors want to buy a property, renovate it, and then sell it for a high profit. The real estate market in California is growing so fast that fix and flip projects have begun expanding to surrounding areas outside of Los Angeles, such as The Inland Empire. These short term loans supply an investor with enough time to fix a property and sell it, and when the property is sold, the loan is paid back in full.

Hard Money Loans In The Inland Empire, CA

Finding a Hard Money Loan in the greater Los Angeles area as well as surrounding cities is relatively easy, but you want to make sure you’re heading in the right direction. RTI Bridge Loans supplies every Hard Money Loan Type that you might need, including bridge loans, private money loans, fix and flip loans, commercial property loans, and much more. You want to make sure you’re working with the right hard money lender when you’re ready to finance your next project. RTI supplies hard money loans that are short-term, and interest rates will vary depending on the collateral property. Contact RTI Bridge Loans serving The Inland Empire for your hard money loan needs today.

The Best Advantages Of Hard Money Loans

There are so many reasons why people find hard money loans attractive, especially in California, where business and real estate is booming. Hard Money Loans are an easy and fast way to borrow money from a professional lender and finance a new home or a fix and flip project. Let’s take a look at the top reasons why people love hard money loans.

  • They are extremely fast. Compared to traditional bank loans, hard money loans are truly a speedy way to get cold hard cash. Financial institution loans or mortgages can take months and have tons of hurdles that you need to jump in order to finish the process. With hard money lenders, you can have cash in your pocket in as little as 3-5 days.
  • Hard money lenders won’t judge you based on your credit history or blemishes on your rental/homeownership past. In fact, sometimes they don’t even look at that information at all. Hard money lenders are only concerned with the equity you have in a property, or the property you will be using as collateral. If you fail to repay, the lender can easily sell the collateral property and make their money back.
  • Hard money lenders fund projects that banks will most likely turn down. If you go to the bank trying to get a loan or a mortgage for a Fix and Flip project, the answer will more than likely be a firm ‘no’. Hard money lenders see fix and flip projects, for example, as an amazing way for you both to make a great profit, and will most likely fund your fix and flip endeavor.

Disadvantages Of Hard Money Loans

Unfortunately, there are a few reasons why people find hard money loans unattractive and refuse to invest using one. It is a risky business; don’t get me wrong. You need to know exactly what you’re getting into and have a solid repayment plan, or things will go awry for both you and the lender. Here are the top reasons why people stay away from hard money loans.

  • The interest rates are high. Since these are very short-term loans, naturally, interest rates will be higher. Usually, they sit from around 9-15%, and monthly payments are normally interest-only. Interest rates are also high due to the risk.
  • It’s all around risky for both you and the lender, and hard money loans are considered ‘last resort’. Simply put, it is a bit nerve-wracking to use hard money loans, especially if you don’t have a strong repayment plan. It’s easy to fall short on loan payments, and if you can’t make payments, you will most likely lose the collateral property – the lender will have to sell it in order to make their money back.
  • They are short term, so stay away if you need longer than a year for your project. Hard money loans are usually ranging from about six months to one year, and some lenders will go up to two years, depending on your project type.

Different Types Of Hard Money Loans

Depending on the type of project you are looking into, there’s probably a hard money loan for your situation. Whether you are looking at purchasing a rental property, a new home, a commercial property – the sky really is the limit when it comes to borrowing a hard money loan (as well as way fewer restrictions). Let’s take a look at the most popular Hard Money Loan types.

Bridge Loans:

A type of hard money loans, bridge loans do exactly what they sound like they do – they bridge a gap between selling an old home and buying a new one. They are great for people who have a home on the market that hasn’t sold, but they are trying to move into a new place.

Fix And Flip Loans:

Highly popular in California, Fix and Flip project loans are meant for buying a new property, renovating it, then selling it for a high profit. These loans usually last one year – enough time for an investor to fix up the property and sell it.

Commercial Property Loans:

Also very popular in the dense Los Angeles community are commercial property Hard Money Loans. These types of loans are great for people who are ready to own their own commercial property and rent it out – the loan term gives investors enough time to fix up the property and begin renting it out to business people.

Private Money Loans:

Private Money Loans are a type of hard money loan, given for multiple reasons to an investor by a hard money lender. They are usually used for purchasing a new property, a commercial property, or for fix and flip projects. They are also short-term, along with the other Hard Money Loan types, lasting roughly six months to one year.

Contact RTI Bridge Loans in Inland Empire, CA at (310) 532-5008 for any questions or concerns you may have regarding the limitations of hard money loans.

Working With Hard Money Lenders In The Inland Empire, CA

RTI Bridge Loans has over 30 years of experience serving investors with Hard Money Loans in Los Angeles and surrounding areas such as The Inland Empire. With the large influx of people moving to the area, the need for hard money lenders is at an all-time high. People continue to move to The Inland Empire because it is on the outskirts of Los Angeles and there are amazing job opportunities as well as rental opportunities (most Californians rent rather than buy homes). Contact RTI Bridge Loans today to learn more about this large metropolitan area and how investing now can make you huge profits.

Everything You Need To Know About The Inland Empire

The Inland Empire is home to roughly 4,225,000 people, and the numbers are going to continue to grow over the next decade. This leaves tons of room for investors to make their way in town and because flipping properties or opening new ones – even buying homes in the area. The Inland Empire is adjacent to the greater Los Angeles city in Southern California and hosts some of the most popular cities in the area, including Riverside, San Bernardino, and Ontario – all of which are booming in popularity as well as high rental and home costs. Contact RTI Bridge Loans today to learn everything you need to know about The Inland Empire community as well as the booming neighborhoods.

Hard Money Lenders Near Me: Inland Empire, CA

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