Glendora Hard Money Loans

Glendora Investor Financing

Investors in Glendora 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. Glendora sits at the base of the San Gabriel Mountains and calls itself the ‘Pride of the Foothills.’

Business-Purpose Uses

Typical business-purpose uses include: New construction and large remodels on investment property. Rentals bought to improve, lease and later refinance. Bridge financing when an investor wants to buy before selling another property. Flips: buy a dated property, improve it and sell it. Hillside lots in Glendora can raise slope, access and fire-zone questions that a private lender may ask about before funding a project.

How Hard Money Works

Private lenders focus on the real estate and the exit strategy rather than only on bank-style guidelines. Expect questions about the price, the work budget, the after-repair value and your payoff plan. We also serve investors in San Dimas, Azusa and Covina.

Talk With Jay About Your Glendora Project

Call or text Jay at (949) 822-8702, or text us about your project with the property city and your plan. Please mention Hard Money Page – Glendora so we know which page you saw. Looking for property? See Glendora Homes for Sale.

Investor Loan Questions

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.

Is hard money for buying my own home?
No. This page covers business-purpose loans for non-owner-occupied property only. For a home you will live in, ask about home loans.

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 Home in Glendora
• Los Angeles County city guides
• Selling with Miamar Realty