Montclair Hard Money Loans

Hard Money Loans in Montclair

Buying a Montclair property to renovate, rent or resell is a business decision, and the financing differs from a regular home loan. Jay Romero helps investors connect with private lenders for non-owner-occupied real estate in the West San Bernardino Valley area. Montclair is home to Montclair Place mall and the Montclair Transcenter, a Metrolink and bus hub.

What Investors Use It For

Investors commonly use private money for: Fix-and-flip: buy a house that needs work, renovate it and resell it. Construction or heavy renovation on investment property. Bridge financing when an investor wants to buy before selling another property. Rental purchases, including small multi-unit buildings. Montclair has many older homes and small multi-unit buildings, so renovation and rental projects are common investor plans here.

What Private Lenders Look At

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 Pomona, Upland and Claremont can reach us the same way.

Start a Conversation About Your 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 – Montclair so we know which page you saw. Looking for property? See Montclair Homes for Sale.

Common Questions

Can you help me find the property too?
Yes. Jay is a licensed broker and can help you find and buy investment property. Using our financing help is never required.

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

• Montclair Home Sellers Guide
• San Bernardino County city guides
• Selling with Miamar Realty