SoCal Real real estate investors feeling George Costanza’s pain

A few years ago, my investors who invested in Southern California trust deeds would be not so thrilled if I ever presented them with a Los angeles hard money trust deed or a San Diego hard money deal that was less than 12% interest.

That was then, this is now. George Costanza isn’t the only one complaining of “shrinkage.”
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With the “shriveled up” Southern California inventory, my first trust deed investors for my hard money loans are now willing to get as low as 9% interest on a hard money mortgage with a safe LTV. I get calls each week from these same investors who demanded 12% just 4 years ago.

With all of these factors, we, however are still making deals happens for many Southern California brokers. We recently closed Southern California hard money deals in:

Fullerton
San Diego
Lake Elsinore
Big Bear
La Jolla
Buena Park
Pasedena
San Diego again
Hawthorne

If your non owner buyer needs a stated income hard money loan for Los Angeles, San Diego, Orange County or Inland Empire, run your scenario by me today.
Call me at 619-987-8639.
George

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