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Where Can a Real Estate Investor Get a Construction Loan in the San Francisco
Bay Area?
“Where can a real estate investor get a construction loan in the San Francisco
bay area?”
our fund is located here in the East Bay in the San Francisco bay area
construction loans - a lot more hands on
If you’re looking for a private money or hard money loan—construction loan
Look for somebody in the San Francisco bay area.
Reason:
we want to be within a relatively easy driving distance
because there’s a lot of inspections that—we’re going to drive by and do inspections
our third party vendors are going to drive by and do inspections
So it’s not feasible for to do loans in other states, let alone down south in Southern California
with private money, it’s very transaction based, but it’s also, there’s a lot of relationships—so we lend money to the same investors over and over again
So as you build these relationships, borrowing money becomes very simple
In the beginning, whenever you’re working with any fund or new lending institution, it’s always a little bit more challenging because you don’t have a track record with them. So one of the biggest keys is a build relationship with a hard money company in the San Francisco bay area