LendingOne is an Sacramento private money lender offering short-term mortgage loans to real estate investors in Anaheim, Bakersfield, Central Contra Costa, Centro, East San Gabriel Valley, Fresno, Huntington Beach, Irvine, Long Beach, Los Angeles, North Coast, Oakland, Redding, Riverside, Sacramento, San Diego, San Franciso, San Jose, Santa Ana, Southwest San Gabriel Valley, Upper San Gabriel Valley. Get a private money loan for a property purchase, refinance, equity cash out, rehab or new construction purchase.
LendingOne Fix and Flip Loans can provide the cash you need to grow your real estate investment property portfolio:
Get ahead of the competition in the Sacramento real estate market. Speak to a Fix & Flip expert today by calling 866-918-1974
The following property types are eligible for our fix and flip loans:
LendingOne near Sacramento, CA offers fix-and-flip loan rates between 7.49%-12.9%. All rates are based on the individual property and borrower. Call us to learn more at 866-918-1974
LendingOne fix-and-flip loans have a minimum loan amount of $75K and a maximum loan amount up to $4M (Exceptions Granted).
Yes, LendingOne specializes in providing fix/flip loans that include both the purchase and repair costs as part of one loan.
LendingOne provides lending in all States and District of Columbia except Alaska, Nevada, North Dakota, South Dakota, and Utah.
LendingOne’s fix-and-flip loan FICO score minimum is 600.
We look at things very differently than a bank and rely mostly on your real estate experience and other common sense factors when making decisions.
LendingOne will ask for the following documents for Fix and Flip Loans.
Yes, we only lend to real estate companies. Our fix-and-flip loans are available to the following borrowers:
Our fix-and-flip loans are available to the following borrowers:
No. LendingOne provides commercial only loans that are non-owner occupied (investment) properties.
No, there is no prepayment penalty on our 12-month fix-and-flip loans near Sacramento, CA.
Real estate investors looking to purchase or sell fix & flips in Sacramento, CA should consider analyzing the median listing prices of homes in the area. This allows investors to calculate whether there is enough margin for profit once all purchase costs and necessary repairs have been totaled before either selling the property again or holding it as a long-term rental investment. Rising prices in Sacramento, CA can indicate it is a seller’s market where demand for properties is high enough that sellers can increase their asking prices on fix and flip properties, and successfully close with that asking price. Alternatively, a market where prices have decreased could indicate a buyer’s market.
The number of properties available on the market in Sacramento, CA is another great indicator of that area’s popularity and potential profitability. Usually, minimal inventory means demand is high for that area. If properties are not vacant for long, there is probably a reason why people want to live there and fix and flip investors should take note of these factors when deciding if they should purchase a property in Sacramento, CA.
The length of time a property sits on the market can help fix and flip investors understand the supply and demand in Sacramento, CA. Shorter days on the market mean people are buying up or renting out homes at a faster rate. Alternatively, properties sitting vacant for longer periods of time can either mean asking prices are too high in Sacramento, CA, or there may be reasons why the area is not attracting enough buyers or renters interested in living there.
Education: Sacramento is home to one of the highest educated workforces in the country, greatly due in part to the surrounding top ranking schools in the Sacramento, CA area.
Economy: Sacramento‘s top employers are driving growth in the real estate market including General Hospital.
Businesses: According to the Sacramento Chamber of Commerce, Leisure & Hospitality, Professional & Business Services, and Education & Health Services have seen high job and wage growth.