Apartment Complex Refinance Hard Money Loan – San Jose, CA

$975,000

Term:
36 months
No prepay after 12 months
Location:
San Jose, CA
  Residential
Apartment Complex

Apartment Complex Refinance Hard Money Loan – San Jose, CA

Saratoga Capital, Inc. was the direct private money lender on this 35 Unit Apartment Complex Refinance Hard Money Loan – San Jose, CA. Working with a Real Estate Partnership’s General Partner to fund this first loan for a 1 year term.

Loan Purpose:
Refinance and renovation.

Why they chose Saratoga Capital, Inc.?
Saratoga Capital, Inc. president was comfortable making a 2nd loan behind an existing First loan. His experience in multi-family property management help make the decision based on the operating history.

This is a perfect example of the benefits of a private money loan. A single decision maker who knows California real estate and has the funds available to loan immediately.

California Real Estate loans only.
We work only with Real Estate Professionals or California mortgage brokers when making our private equity loans.
Our rates are among the most competitive.
Our goal is to have continued relationships with real estate professionals and mortgage brokers in select California markets. Even after making private money loans in California for over 40 years, we are still in it for the long-haul.