Question 1

How fast can I close with hard money in Moraga?

Accepted Answer

Most deals close in 7-14 days once you have a purchase contract. We've funded in 5 days when appraisal and title moved quickly.

Question 2

Do I need real estate investing experience to qualify?

Accepted Answer

First-time flippers qualify but pay higher rates and lower LTV. Show a solid renovation plan and exit strategy to improve terms.

Question 3

What if my renovation takes longer than expected?

Accepted Answer

Most lenders offer 3-6 month extensions for a fee, typically 1-2 points. Build contingency time into your initial loan term.

Question 4

Can I use hard money for a property I plan to rent?

Accepted Answer

Yes, but refinance to a DSCR loan after repairs are done. Long-term hard money rates will kill your cash flow.

Question 5

What down payment do I need for a Moraga fix-and-flip?

Accepted Answer

Expect 25-35% down plus renovation budget. Lenders may fund rehab costs but require your equity skin in the game first.

Hard Money Loans in Moraga: Fast Funding for Fix-and-Flip and Investment Properties