Investing in hard money loans can be very lucrative and investors investing in hard money loans in California can easily get double digit annual returns on their money that is secured by real estate. Most hard money loans are short term loans with normal terms being six months to no greater than 24 months. If you invest your personal funds, you would receive monthly payments from the borrower until the loan is paid off. At loan payoff, you would receive the final interest payment, and the return of the balance of your principal. Poor credit, fixer or self-employed borrower’s that don’t report their income are great candidates.
- 1st Trust Deeds
- 100% of payment – no servicing fee
- Risk Criteria will match your needs 30-70% LTV
- Short or Longer Terms available
- Large returns
- Practical exit strategy