Los Angeles Hard Money Lenders
RTI Bridge Loans is Los Angeles #1 hard money lender for distressed property investments. We work with investors who need a fast, flexible, and reliable funding source to take advantage of investment opportunities as they become available. We understand that in the ever-evolving world of real estate, opportunities often come hand-in-hand with challenges. distressed properties, while presenting potential, can also be complex to finance. That’s where we step in as your trusted partner, offering distressed property loans tailored to your unique needs.
With RTI Bridge Loans, you’re not just accessing a loan; you’re gaining a dedicated partner to guide you through the complexities of distressed property investments. Contact us at (562) 857-2285 on how we can help you maximize your real estate potential.
Here’s why you should choose RTI Bridge Loans for all your distressed property loans in California:
For more information about our REO, foreclosure, and short sale loans in Southern California, call us at (562) 857-2285!
JUST CLOSED in Long Beach! This was a multiple collateral 1st and 2nd TD loan at $5,400,000 needed for a
A developer was just completing and leasing up a large mixed use project in Santa Clarita. His construction loan had
$412,500 1st TD Bridge Loan Closed in Valley Center CA! Borrower needed fast capital to close on a below market
Distressed property loans are specialized financial instruments designed to facilitate the purchase of properties facing financial distress. These properties often include real estate-owned (REO) properties, foreclosures, and short sales. Los Angeles private hard money lenders like RTI Bridge Loans typically issue distressed property loans. Unlike traditional mortgages, we tailor them to investors aiming to acquire distressed properties for investment purposes.
REO Properties
Real Estate-Owned (REO) properties have been repossessed by a lender, typically after a foreclosure auction fails to attract buyers. Because they are generally vacant, assessing their condition and potential for improvement is easier.
Foreclosures
A foreclosure occurs when a property owner defaults on their mortgage, and the lender initiates legal proceedings to seize the property. Investors can then use foreclosure loans to purchase these properties at a lower price, but they often require extensive renovations.
Short Sales
Short sales involve a homeowner selling their property for less than the amount owed on their mortgage, with the lender’s approval. They can be a win-win for both the homeowner and the investor, as homeowners avoid foreclosure while investors acquire properties at a discount.
Venturing into investments for distressed or bank-owned properties could be a lucrative endeavor if done correctly. Sure, these properties may require significant renovation or repairs. However, the profit potential can be substantial, as investors could use REO financing and loans from RTI Bridge Loans to restore and resell these properties or rent them out. Get started today with distressed property loans from RTI Bridge Loans!
REO properties have already passed through the foreclosure process, reducing the risk associated with legal complications.
Lenders typically clear any outstanding liens on the property before selling it as an REO, providing investors with a clear title.
Due to the urgency of selling, REO properties are often priced attractively.
REO properties are usually vacant, making it easier for investors to inspect and assess the property.
Before venturing into distressed property investments, ensuring you have a reliable financing partner in place is crucial. When other lenders won’t, RTI Bridge Loans will. We are the distressed property lenders investors choose when they want the best Southern California hard money lender. Get the financing you need, delivered faster than your competition! Call us at (562) 857-2285 to get pre-qualified today.
RTI Bridge Loans, Inc. is primarily a Direct Portfolio Lender in Los Angeles County. We have 40 years of experience investing in all aspects of real estate: From residential development, private money lending, hard money and fix and flip loans.
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