Pasadena · Homes for Sale
Pasadena Hard Money Loans
Hard Money Loans in Pasadena
Investors in Pasadena sometimes need financing a bank will not offer for a property in rough shape. Miamar Realty and broker Jay Romero help investors look for private money for business-purpose projects across Los Angeles County. Old Pasadena and the Playhouse District are its main shopping areas, and the Metro A Line runs through the city.
Common Investor Projects
Private lenders often fund: New construction and large remodels on investment property. Bridge financing between one property and the next. Flips: buy a dated property, improve it and sell it. Rentals bought to improve, lease and later refinance. Pasadena has many character homes, and renovation plans may need to respect local historic rules, which can affect budget and timing.
How Asset-Based Lending Works
Hard money is asset-based. A private lender looks mainly at the property, its value after any planned work and your plan to repay, usually by selling or refinancing. Lenders still review the borrower, and terms are usually short. Investors in San Marino, Alhambra and Temple City can reach us the same way.
Contact Us About Pasadena Investor Loans
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 – Pasadena so we know which page you saw. Looking for property? See Pasadena Homes for Sale.
Pasadena Hard Money FAQs
What do private lenders usually want to see?
The property, the price, your budget for any work and your plan to repay, such as a sale or refinance. They also review the borrower.
How long does it take to close?
It depends on the lender, title, escrow and valuation. We cannot promise a closing date.
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.
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Tell us what you are looking for and Jay Romero will reach out when the right homes come to market.
Selling first? Request a home value or call (949) 822-8702.
