San Pedro, CA Hard Money Lenders

San Pedro, CA Hard Money Lenders

For real estate investors and property owners, getting funding for your next San Pedro project property is easier than ever today. With RTI Bridge Loans, our 30+ years of experience has taught us what a good deal in real estate when we see one. We are the specialist in Hard Money Financing, making it easier to get your dream real estate business going easy and fast.

We know the greater Los Angeles area and San Pedro has a growth potential ready to bust open this year. Contact us today for information on this exclusive real estate market, and let’s talk about the potential you have waiting.

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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San Pedro – Get Your Hard Money Loan Here

RTI Bridge Loans offers our unique hard money loans to San Pedro area real estate developers, investors, and private money. We have Hard Money Loan options for all types of projects and properties that include bridge loans, fix and flip loans, and private money loans. Unlike other hard money lenders, we take the risk on commercial real estate loans, too, with short-term notes that fund fast.

Real estate developers and investors that want to avoid traditional bank loan hassles turn to RTI Bridge Loans. Call us today at (310) 532-5008 for your lending needs.

San Pedro – Fund Your Private Money Loan Here

San Pedro, California, and the surrounding neighborhood is growing, and now is the time to get your dream of real estate business started. RTI Bridge Loans offer private money loans with a short-term note that will get your commercial or rental property purchased and secured. With almost 1.8 million people, the growth is here, and now is your time to get in on the action. If you’re ready to be a real estate investor, call RTI Bridge Loans today!

San Pedro – We Have Fix & Flip Loans

Fix and Flip real estate is the big thing in San Pedro today, and we are offer fix & flip loans to help you start your real estate business. Find the property you see potential in, and if we see that same potential, we’ll loan you the money with a short-term payoff, typically one year. Be a part of the San Pedro growth and call RTI Bridge Loans today. You can take advantage of our 30 years of experience in funding real estate deals To your benefit.

Hard Money Loans – What Is That Exactly?

Hard money loans don’t mean they are hard to get, just the opposite. Banks have all kinds of regulations and rules they have to follow. If your credit history has any blemishes, forget to get the funding you need for that fabulous San Pedro property the traditional way. Hard Money Lenders are legitimate and easy to work with, more flexible than the traditional bank loan process. Quick approval and quick funding will get you the money you need to purchase and close on that fix and flip, commercial, or residential property that you see the potential.

Based on the property you have in mind, a hard money lender will fund a loan that will get you what you’re looking for, using that property for collateral—no worries about bankruptcies, foreclosures, or other credit blemishes. The property you purchase is their biggest concern. RTI Bridge Loans has over 30 years of experience in this industry, and we’re ready to talk to you today about the best loan types for your project.

The Advantages of Getting a Hard Money Loan

Hard money loans have plenty of benefits to offer over traditional bank-funded loans. Here are three of the most significant advantages that drive more would-be investors to RTI Bridge Loans:

Faster than Banks:

To get a traditional bank loan, you need almost flawless credit and a solid reason why you’re borrowing the money, and a lot of patience. With a hard money loan, approval is within one day, and for most loans, funding happens within five days. Some loans may take 14 days.

Flexibility:

Banks have rules, and they don’t bend them for anyone. The guidelines and restrictions have been set in stone when it comes to loans. With a hard money loan, we make our guidelines and restriction. At RTI, we are flexible with our customers and work with you to get the best deal for both of us. Even without perfect credit, your real estate dreams and vision are what interest us.

Hard Money Lenders Finance What Banks Turned Down:

When you don’t meet the specific criteria and guidelines that banks have for funding loans, you get denied. With hard money lenders, the criteria and guidelines are based only on the property you want to buy. The property, not your creditworthiness, is the collateral that gets your loan approved and funded. A hard money lender is more likely to approve and fund your request from commercial property to Fix and Flips to bridge loans than a traditional bank loan. For your next San Pedro project that you see potential, call RTI Bridge Loans at (310) 532-5008, and let’s talk about the property, the potential, and what type of loan we have to offer.

The Disadvantages of Getting a Hard Money Loan

Yes, even with hard money loans, there are disadvantages to consider. At the end of the day, when you compare the advantages to these disadvantages, you’ll see why more real estate developers and investors use hard money loans to fund their projects:

Higher Interest Rates:

A hard money loan will have a short-term and higher interest rate than a traditional bank loan, with rates starting around 9% and reaching 15% based on the collateral the property offers. Because a hard money lender is willing to take a more significant risk, they ask for bigger repayment. While San Pedro is booming, like real estate anywhere, it has its risks, but RTI Bridge Loans offer lower than our competitors for the same loan amount.

Higher Down Payment with Equity Requirement

Your blemished, not-so-perfect credit history doesn’t concern an experienced hard money lender like RTI Bridge Loans. Bankruptcy and foreclosures are things we look beyond because we’re interested in the San Pedro collateral and the equity you have to offer. With a higher down payment, starting around 25% and up, we see that you’re going to see this project through to repay the loan as a higher possibility.

The Last Resort with A Short-Term

Hard money loans are typically never longer than one year, a much shorter term than a traditional bank loan, but easier to get approved and funded. In the longer-term, a hard money lender like RTI Bridge sees a more significant risk. Many San Pedro investors consider hard money loans a last resort because of the short terms offered.

Types of Hard Money Loans

Hard money loans come in various types to fit various projects and borrowers’ funding needs. One call to RTI Bridge Loans at (310) 532-5008, we’ll talk about your San Pedro, California project, the potential it holds, and the best loan type we have to offer.

A Hard Money Loan:

A hard money loan is when you borrow money to buy a property, using that property for your collateral. All loans are like that, but with hard money loans, the terms are much shorter, and the interest rates are much higher than a traditional bank loan. An average term is one year where the monthly payments interest only. When the collateral property sells, the borrower pays the loan off with the proceeds. If the borrower cannot pay the balance at the end of the term, the lender takes possession, sells the property, and recoups their money.

A Bridge Loan:

A bridge loan is a hard money loan that gets you into a new property before your current property sells. The description is defined as it reads, ‘bridging’ the gap between your current property to your desired new property, and when the current property does sell, the hard money loan comes payable in full.

A Fix & Flip Loan:

A fix and flip loan are among the most popular hard money loans today in the San Pedro area because of the potential growth on the horizon. A fix and flip loan allows you to buy that property that you see great things for, get it fixed up, then sell it at a profit. With that profit, you pay your hard money loan back in full.

Working With San Pedro Hard Money Lenders

With more than 30 years in San Pedro and all of California, RTI Bridge Loans has the experience in hard money loans and real estate that you can depend on and trust. We’ve seen the real estate market at its highest boom, and we’ve seen it hit rock bottom. We will guide you in the right direction with your next San Pedro project to grow with the population boom coming in the next ten years.

What You Need To Know About San Pedro

San Pedro may be close to Los Angeles, but the small town feels more people are looking for, which explains the growth potential in the next decade. With LA so close, the big city life is nearby, or stay in San Pedro and enjoy the dining, museums, shopping, theater, and more. With waterfront promenades, recreation abounds with all the sports you can desire and beautiful beaches with endless ocean views.

Home prices in San Pedro are in the mid to high $600’s with an average of $685,000. With a square foot average of around $450, homes sell in 60 days or less at the asking price or above. Updated baths and kitchens, spas, and swimming pools are what buyers are looking for, along with good schools.

Hard Money Lenders Near Me: San Pedro, CA

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Monday – Friday : 8am to 5pm
Saturay : Closed
Sunday : Closed
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