Hard Money Lender in
Direct hard money loans for Los Angeles real estate investors: bridge loans that close like cash, fix and flip loans that fund the renovation, ground-up construction, and 30-year DSCR rental loans. Instant term sheet, close in 2 weeks, or 3 days with 35% down.
1st Private Capital is headquartered in Tarzana, in the San Fernando Valley, and licensed by the California Department of Real Estate. We have lent across Los Angeles County longer than anywhere else.
Los Angeles is our home market, and the fastest one we lend in.
Los Angeles is a multiple-offer market where the buyer who can close without a financing contingency usually wins, and a large share of the listings that ask for cash are older houses with deferred maintenance: the 1940s and 1950s stock in the Valley, the bungalows and Spanish revivals south and east of downtown, the hillside properties that no bank appraiser wants to touch. That is where our 3-day option earns its keep. Thirty-five percent down, no appraisal, the desk values the property from recent sales, and the close happens before the other offers have finished their inspection contingency.
For the investor who buys to renovate, the fix and flip loan funds the purchase and the budget together and pays the work in draws, 10% down with a completed project behind you. For the investor who buys to hold, the DSCR loan takes out the bridge at 30 years fixed, qualified on the rent. Los Angeles rents are high enough that a two- to four-unit building often carries the ratio even at Los Angeles prices; a single-family rental in the Valley or the South Bay usually needs the leverage tuned. Either way the file stays with one team from the offer to the takeout.
Cash and hard money listings in Los Angeles right now.
Listings whose remarks ask for cash or hard money, each priced with our financing at its list price. Browse Los Angeles, Inglewood, Glendale, Granada Hills, Van Nuys, North Hollywood, or every California opportunity. Sign in to see the street addresses and the pricing on each one.
No Los Angeles listings are in the book at this moment. New ones land every day; see the California deals.
We are the lender, not the listing agent. Every listing belongs to its agent, credited on the listing page. Browsing is not a commitment to borrow from us.
Every stage of a Los Angeles deal.
Buy like cash or refinance maturing debt on Los Angeles investment property. 12 months, interest only. Bridge loans.
Purchase plus renovation in one loan, 10% down with experience, drawn as the work completes. Fix and flip loans.
Land and the build for builders with completed projects. Construction loans.
Term loans on the buildings a rental program will not take. Commercial lending in California.
Starting rates, points, down payment and score requirements, program by program. See the rates.
From a Los Angeles address to the wire.
- Price it. Type the Los Angeles deal into Price a Deal: address, price, renovation budget, your score and experience. The program, the rate and the maximum loan come back in a minute.
- Request the term sheet. It issues instantly, from our own sizing.
- Send the file. Contract, entity documents, insurance, budget or rent roll. The appraisal is ordered the same day.
- Close in 2 weeks. Or 3 days on the no-appraisal option with 35% down, in the major California markets.
Hard money in Los Angeles, answered straight.
How fast can a hard money loan close in Los Angeles?
Every Los Angeles deal gets an instant term sheet and closes in 2 weeks. In Los Angeles a purchase can also close in 3 days with 35% down and no appraisal. Decisions are made in-house, so title, escrow and the appraisal set the pace, not a committee.
What does a hard money loan cost in Los Angeles?
Fix and flip and bridge loans start at 9.25% interest only with 1.5 points, and the 3-day option is 10.5% fixed with 1.5 points. The rates and requirements page lists every program; Price a Deal quotes your own Los Angeles deal in a minute. Every figure is an indicative estimate, not a commitment to lend.
Do you lend on fix and flips in Los Angeles?
Yes. Our fix and flip loan funds the purchase and the renovation together: 10% down with at least one completed project in three years, 20% on a first flip, the renovation paid in draws as the work completes.
Do you offer DSCR rental loans in Los Angeles?
Yes. DSCR loans in California are 30-year fixed rental loans qualified on the rent, for a single property or a portfolio. Los Angeles rents are among the highest in the country, which helps the ratio on small multifamily; single-family rentals are tighter and the leverage is set to the coverage.
Which Los Angeles areas do you lend in?
The San Fernando Valley from Tarzana and Encino to Van Nuys, North Hollywood and Sylmar; the Westside and the South Bay; South Los Angeles, Inglewood and Compton; Glendale, Burbank and Pasadena; Long Beach; the Antelope Valley. We lend on investment and commercial property anywhere in California; see the California page.
Working a Los Angeles Deal?
Price it in a minute. If the numbers work, the term sheet is instant and the close is 2 weeks out.