Bridge Loans for California Real Estate
(805) 719-7008
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Fix and Flip Loans
in California

  • Professional Service
  • Low Fees
  • 5-12-day closings
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Fix and Flip Loans in Thousand Oaks and Surrounding Areas

The capacity to swiftly capitalize on opportunities can be the critical player of triumph. If you’re setting your sights on properties within Thousand Oaks, Ventura County, the Conejo Valley, or San Fernando Valley for your forthcoming fix and flip endeavor, rest assured you’ve landed in the perfect spot.

TrueBridge Loans is your ideal choice for fixing and flipping investment properties. We are a trusted hard money private lender that stands ready to provide dependable and expeditious fix and flip loans to propel your property flipping aspirations to fruition. Call us today at (805) 719-7008 to request a free loan quote.

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Bridge Loans

Bridge Loans

Our bridge loan services provide seamless transitions between property transactions, ensuring you have the financial support you need during these crucial periods.
Hard Money Loans

Hard Money Loans

TrueBridge Loans offers hard money loans that cater to investors by providing quick, accessible capital with flexible terms, helping you make your real estate ventures a reality.
Fix and Flip Loans

Fix & Flip Loans

Looking to flip properties? Our fix & flip loans are tailored to real estate investors, offering the necessary funds to purchase, renovate, and successfully sell properties for profit.
Private Money Loans

Private Money Loans

With our private loans, you can access personalized lending solutions, tailored to your unique financial requirements, whether for real estate investments or other financial needs.
2nd Trust Deed Loans

Second trust deed

Explore the benefits of second trust deeds with TrueBridge Loans, offering homeowners the means to tap into their property's equity while keeping their primary mortgage intact, enabling a more secure and versatile financial approach.

Providing Reliable and Fast
Real Estate Financing for Property Flippers

At TrueBridge Loans, we recognize that property flipping comes with unique challenges and opportunities. We have been in the industry for years, specializing in fix and flip loans for real estate investors. Our mission is to empower real estate investors with the financing they need to transform distressed properties into profitable assets.

Whether you’re a seasoned investor or just taking your first steps into the exciting world of real estate, our dedicated team of fix and flip in California is here to support your journey.

About Us

TrueBridge Loans Thousand Oaks Lenders

Why Choose TrueBridge Loans as Your
Trusted Fix and Flip Lender?

Local Regions Knowledge

We are locals and know how the local real estate market in Thousand Oaks and the surrounding areas work. This distinct understanding of fix and flip loans in your local area gives us a competitive edge over any fix and flip hard money lender in the region. We provide insights and guidance that are finely tuned to the specific conditions of your target market.

Speedy Approvals

We are the hard money private lender that prioritizes efficiency to ensure swift approvals and access to funds. It enables home or property owners to act promptly on promising property opportunities.

Flexible Financing

We offer a range of flexible financing options tailored to meet your needs and project requirements. Whether you're targeting single-family homes, multifamily properties, condos, townhomes, or mixed-use buildings, don’t look for fix and flip loans near me, and get in touch with us. We have solutions that align with your goals.

Streamlined Process

Our quick fix and flip loan program simplifies your journey from application to funding, making it as straightforward and hassle-free as possible.

Our 4-Step
Fix and Flip Loan Process
1. Initial Consultation
This is the first step in which we discuss your fix and flip goals, evaluate your eligibility, and provide you with an overview of the financing options available to you.
2. Application and Approval
Once you decide to proceed, our experienced team guides you through the application process and assists you in gathering the necessary documentation for smooth and swift approval.
3. Loan Funding
With your fix and flip loan approved, we ensure that funds are made available promptly. This enables you to secure the property and initiate your project without delay.
4. Repayment and Profit
As you complete the renovation and prepare for the resale of the property, we, as your fix and flip money lender, work closely with you to ensure a seamless transition.
Whether you choose to sell the property or consider long-term financing options such as holding onto properties, we are here to support you at every stage of your journey.

What Are Fix and Flip Loans?

Fix and flip loans are a specialized form of financing designed for real estate investors who seek to purchase distressed or undervalued properties, renovate them, and then sell them at a profit. These loans are typically short-term and secured by the property itself, offering investors the financial resources needed to acquire and rehabilitate properties for resale.
Eligible
Fix and Flip Properties
Fix and flip loans can be used for various property types, including:

Single-Family Homes

Single-family residences (SFRs) encompass residential dwellings classified for 1 to 4 residential units, including condominiums.

Multifamily Properties

Multifamily properties refer to buildings with five or more units specifically designed for residential occupancy.

Condos/Townhomes

Condos and townhomes are residential properties that typically consist of individual housing units within a larger shared building or complex.

Mixed-Use Buildings

Mixed-use properties usually represent a fusion of both residential and commercial purposes within a single structure.

The versatility of these loans means you can explore a wide range of investment opportunities in Thousand Oaks and the surrounding regions with us and choose the one that suits your investment needs the best.
Uses of
Fix and Flip Hard Money Loans
At TrueBridge Loans, We specialize in a wide range of fix and flip loan scenarios, catering to the diverse needs of real estate investors. Some of them include:
  • Acquiring and renovating properties through short sale transactions.
  • Taking on the challenge of REOs, breathing new life into bank-owned properties.
  • Refinancing short-term loans designed for quick property flips.
  • Rescuing properties in dire need of repair that may not meet conventional financing criteria.
  • Navigating the complex world of foreclosure property investments.
It’s important to note that courthouse step auctions exclusively accept cash offers, rendering traditional fix and flip hard money lenders unsuitable. Investors can purchase the property with cash and subsequently execute a cash-out refinance with TrueBridge Loans. This strategic approach allows investors to recover their initial cash investment, which can then be allocated to cover the costs of property rehabilitation. The auction must be amenable to proceeding through escrow with title insurance, and we’re here to assist in making that happen.

Benefits of
Getting a Fix and Flip Loan

If you’re an investor in Thousand Oaks, you may opt for fix and flip loans for residential properties due to several reasons:

Quick Closing

The ability to close a loan within just 14 days is a significant advantage in the fast-paced world of real estate. Fast closings enable you to act swiftly on promising investment opportunities, stay competitive,

Asset-Based Lending

Approval primarily relies on the property's value. That makes these loans accessible to investors with varying credit histories.

No Prepayment Penalty

The absence of a prepayment penalty means you have the flexibility to repay your loan before its scheduled maturity date without incurring additional fees or charges.

Minimum Credit Requirement

A minimum credit score requirement of 660 is attainable for many borrowers. This means that you may qualify for the loan even if your credit score is not exceptionally high, expanding accessibility to financing for a broader range of investors.

Fix and Flip Hard Money
Loan Requirements and Rates

You need the following to qualify for your fix and flip hard money loan:

LTV Ratio

LTV ratios for hard money loans typically range from 60% to 70%.

Interest Rates

Hard money loan interest rates can vary but are generally higher than traditional mortgage rates due to their short-term nature and risk factors.

Repayment Structure

Hard money loans may offer various repayment structures, including interest-only payments or balloon payments at the end of the loan term.

Property Appraisal

Lenders typically assess the property’s current and potential value to determine loan eligibility.
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Why Borrowers Choose
TrueBridge Loans for Their Fix and Flip Loans
Borrowers in Thousand Oaks choose TrueBridge Loans for their fix and flip financing needs because of our commitment to providing exceptional service. Here’s why we stand out:

Local Advantage

Our team's local expertise and knowledge give you a substantial edge in navigating the Southern California real estate market effectively.

Efficiency

At TrueBridge Loans, we're dedicated to your success in fix and flip projects. Our focus is on delivering quick approvals and funding, giving you the competitive advantage you need for your property ventures.

Dedicated Support

Our team is here to assist you at every stage of your fix and flip project, from application to repayment. We are invested in your success.

If you’re ready to take the next step or need personalized guidance on fix and flip loans, don’t wait. Contact TrueBridge Loans today at (805) 719-7008. Our devoted team is here to help you confidently navigate the world of real estate financing and turn your investment aspirations into reality. Qualify for Your Fix and Flip Loan Today!

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Frequently Asked Questions

Fix and flip loans help real estate investors get the necessary capital to purchase and renovate properties for resale. These loans are typically short-term and secured by the property itself.
Fix and flip loans prioritize the property’s value, while traditional mortgages rely heavily on the borrower’s creditworthiness and offer long-term financing.
LTV ratios for fix and flip loans typically range from 60% to 70%, representing the percentage of the property’s value that the lender is willing to finance.
While credit score is a consideration, fix and flip loans primarily focus on the property’s value. This makes them accessible to investors with varying credit histories.
The process typically involves an initial consultation, application and approval, loan funding, and, finally, the completion and resale of the property. Call us for more info.

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At TrueBridge Loans, we serve as your reliable direct hard money lender in California. Our mission is to provide quick and flexible financial solutions, enabling California real estate investors to bridge financial gaps with ease. We are committed to delivering exceptional support to assist in your property investments and real estate goals.

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2024 @ TrueBridge Loans is a DBA of Pacific Private Lenders, Inc.

Our Services

Our Locations

Address

  • 3262 E. Thousand Oaks Blvd, STE 205
    Thousand Oaks, CA 91362
  • (805) 719-7008
  • Info@truebridgeloans.com
  • DRE # 02213557
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