Paramount Hard Money Loans

Hard Money Loans in Paramount

Some Paramount deals need a lender that looks first at the property and the plan. Miamar Realty helps investors and builders in Los Angeles County find private, business-purpose financing for non-owner-occupied property. The city sits between Downey, Bellflower, Lynwood, and Long Beach, close to the SR-91 and I-710.

Business-Purpose Uses

Typical business-purpose uses include: Ground-up construction or major additions on investment lots. Rental purchases, including small multi-unit buildings. Bridge financing between one property and the next. Fix-and-flip: buy a house that needs work, renovate it and resell it. Paramount has many older homes and small multi-unit buildings, so renovation and rental projects are common investor plans here.

How Hard Money Works

With private money, the property secures the loan, and the lender wants a clear plan to repay within a short term, often by a sale or refinance. Rehab funds, if offered, are paid in draws. We also serve investors in Bellflower, Lynwood and Downey.

Talk With Jay About Your Paramount Project

Send us a text with the property city and what you plan to do, or call or text Jay at (949) 822-8702. Please mention Hard Money Page – Paramount so we know which page you saw. Looking for property? See Paramount Homes for Sale.

Investor Loan Questions

What is an exit strategy?
It is how you plan to pay off the loan, usually by selling the property or refinancing into longer-term financing.

Can repair costs be financed?
Some private loans include rehab funds paid out in draws as work is done. It depends on the lender and the project.

Private, business-purpose loans for non-owner-occupied real estate only, not for a home you will live in. Funded by third-party private lenders or investors, not by Miamar Realty. They usually cost more than bank loans and may end in a balloon payment. If you cannot sell or refinance in time, you could lose the property. This is not a commitment to lend. All loans are subject to lender approval, property review and underwriting, and not all applicants qualify. If Jay is also your agent, he may be paid in both roles. You may use any lender. Jay Romero, DRE 01343079, Miamar Realty. Real estate broker, California Department of Real Estate. Equal Housing Opportunity.

Keep Exploring

• Sell Your Paramount Home With Jay Romero
• Los Angeles County city guides
• Selling with Miamar Realty