Question 1

What's the minimum loan amount for Rolling Hills hard money?

Accepted Answer

Most lenders start at $150K, but Rolling Hills deals typically run $500K-$5M. Smaller loans often don't pencil given the appraisal and legal costs.

Question 2

Can I use hard money to buy land in Rolling Hills?

Accepted Answer

Raw land gets funded at 50% LTV maximum with clear development plans. Improved lots with utilities qualify for higher leverage.

Question 3

How fast can you actually close a hard money loan?

Accepted Answer

We've closed in 7 days with clean title and appraisal. Realistic timeline is 10-14 days from application to funding.

Question 4

What happens if my renovation takes longer than planned?

Accepted Answer

Most lenders offer 6-month extensions at 1-2 points plus ongoing interest. Negotiate extension terms upfront before you sign.

Question 5

Do you need a contractor's bid to get approved?

Accepted Answer

Yes for renovation projects. Lenders want scope of work and budget to calculate ARV accurately before funding.

Hard Money Loans in Rolling Hills: Fast Capital for High-End Real Estate Deals