California Accessory Dwelling Unit (ADU) Opportunities Update

What are the 2020 opportunities in ADU lending?   This Blog is an update to our Additional Dwelling Unit (ADU) Blog published in Sept. 2018.  Many new developments have happened in the last 1½ years relating to ADU’s that influence ADU requirements, development, construction, laws and financing. Recently I organized and spoke on a California…

Gaps, Cracks and Whacks: A Hard Money Lenders Guide to Identifying and Preventing Poor Quality Contractors and Construction

What to look for when evaluating the quality of construction? Many hard money loans in Orange County involve a borrower rehabbing or repositioning a property before a sale or rental. The resulting property sale or rental will happen  faster when the rehabber deploys proper project management and quality construction. A well-run project will facilitate a…

5 Changing Elements in Fix-and-Flip Loans

What is happening in the Fix and Flip marketplace? Change and upheaval constitute Fix-and-Flip finance today. FinTech (High-Tech Lenders) companies, Wall Street and others have entered the Fix-and-Flip lending arena with an avalanche of capital. This new capital benefits borrowers with lower rates but is creating havoc with traditional lenders who are scrambling to keep…

When to Choose Hard Money?

Scenarios where buyers, sellers, investors and business owners have chosen Hard Money.   While Hard Money rates are certainly higher than conventional loan terms, in many instances the money is less expensive compared to other financing alternatives or the potential loss of potential revenue on a business transaction. Additionally, Hard Money eligibility requirements are less…

Successful Loan Strategies for Self Employed Borrowers in California

What steps should a self-employed borrower take to get a loan?   Self-Employment carries many benefits including making decisions, schedule flexibility and not having to work for an incompetent Boss. However there are some disadvantages to generating your own income when it comes to applying for a home loan. Today, under new Federal Regulations, borrowers…

“Life is About Opportunity”

How do Hard Money loans give opportunity to borrowers?   I attended a breakfast meeting with Terry Donahue, former illustrious UCLA Head Football Coach, and he mentioned “Life is About Opportunity”.  Terry currently give’s high school football players opportunity to receive a college football scholarship at his California Showcase.  (http://cashowcase.org)  In 2012 450 player athletes…