We can close loans in 5-days or less so borrowers who have found themselves a bargain and want to close faster can beat the competition.
LOS ANGELES (PRWEB) February 01, 2018
LBC Capital, a real estate investment and property group, located in Los Angeles, California, has launched a new program for anyone in need of financing on a fix and flip project, on a land purchase, or on a construction venture. Whether a novice or an experienced flipper, a land & property developer, or a contractor, this program has a flexible threshold on capital for borrowers that satisfy lending requirements, and strives to close deals in 5-days or less.
More information is available at http://www.hardmoneylenders.finance.
The Property Investment Program released by LBC Capital is ideal for a range of properties and developments, including single or semi-detached homes, multi-unit complexes, condominiums, and townhouses, and is also available for land and construction projects. This program is designed to help investors by offering flexible interest rates, LTVs of up to 75 percent, and short term options on Fix and Flip projects.
Although it is preferred that the fix and flip borrower has prior relevant experience, beginners are also welcome along with the continual assistance of a licensed contractor. Those looking to buy land or to fund a construction project, must ensure that their plan and/or budget is feasible and achievable.
Overall, the new Property Investment Program, based on securing loans through assets or hard money, aids real estate investors and contractors in increasing their holdings and diversifying their portfolios. By offering flexible lending options to a broad range of borrowers, LBC Capital strives to evaluate each opportunity on its own specific scenario.
Established over 10-years-ago, LBC Capital knowledgably guides investors throughout the course of the lending process. As such, the company has assisted hundreds of borrowers in accomplishing their investment goals.
When asked about the new Property Investment Program, a LBC Capital spokesperson stated, “We can close loans in 5-days or less so borrowers who have found themselves a bargain and want to close faster can beat the competition. Also, these closing periods attract a 7.99 percent interest rate. Of course, this depends on the situation and a borrower’s individual circumstances.”
To find out more about LBC Capital and its newly launched Property Investment Program, potential borrowers can reach out by phone at (818) 584-2424, or visit the link above.