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Investment & Hard Money Lender in California
Socotra Capital
2208 29th Street, Suite 100
Sacramaneto, CA 95817
Phone: 916-617-2220
Fax: 916-277-9307
For fix and flip we can do up to 75% of purchase price + rehab. Bad FICO no problem, distressed properties welcomed. We can lend on projects and we close 5-15 days same as cash, with no pre-payment penalties on investment properties up to $5 million. Foreign nationals welcomed.
Loan Information
Name of Contact:
Artem Ivanchenko
Issues loans in:
CA, NV
Allowed Rental Unit Types:
Residential SFR, Condo, Distressed properties Commercial, Multi-family, Industrial, Offices, Mobile Homes, and more.
Max LTV:
For fixer uppers we lend on cost up to 80%, Other properties around 60% LTV
Points Charged:
2
Typical Rate Charged:
7%
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