Los Angeles Private Lender Expands into Distressed Residential Market
October 17thCapital Funding Corporation of America offers unique secured revolving lines of credit to professional investors who purchase, renovate, and sell distressed properties. Our lines of credit provide borrowers with a reliable source of finance where capital is reserved and guaranteed to be there when it’s needed. Because loan points are paid annually on the line amount, and not per transaction, our lines of credit provide far better leverage at a lower price than typical one-off hard money, fix and flip lenders.The secured line of credit allows investors to maintain complete control of their process, and effectively double their business for half the cost of an equity partner.
- Double your business for about half the cost of an equity partner
- Funds available when deed records
- No points per transaction
- $1 million to $5 million lines available
- Interest paid on ACTUAL money outstanding (not line size)
- Finance your acquisition AND renovation budget
- Borrow, Repay, and Borrow again
- Advances made within 5 days of request
- Trustee Auction, REO, Short Sale, & On market transaction finance
- No Prepayment Penalties
- Flexibility to Increase the line size as your business grows
- Financing for Single Family, Condo, Commercial Property, Apartment, and Tapes and other bulk sales
- No lengthy appraisals
- Interest only charged on outstanding balance
- Simultaneous funding loan advanced alongside equity in escrow available for REO purchases
- Collateralization of existing inventory or other properties gives borrowers immediate access to cash
Financing Available for:
- Single Family Residences
- Condominium Units
- Residential Income Properties
- Commercial & Retail Income Properties
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