Question 1

How fast can hard money close in Larkspur?

Accepted Answer

Most lenders close in 7-14 days with clean title and appraisal. Cash offers with proof of hard money pre-approval compete effectively against all-cash buyers.

Question 2

What credit score do I need for hard money?

Accepted Answer

Lenders approve scores as low as 550 if the deal pencils. Your after-repair value and exit strategy matter more than credit history.

Question 3

Can I use hard money for a primary residence flip?

Accepted Answer

Hard money funds investment properties only. You cannot occupy during renovation, but can sell or convert to rental after completion.

Question 4

What happens if my Larkspur renovation takes longer than expected?

Accepted Answer

Extensions cost 1-2 points plus ongoing interest. Most lenders grant 3-6 month extensions but prefer you refinance into permanent financing instead.

Question 5

Do hard money lenders fund renovation costs?

Accepted Answer

Many lenders fund 100% of renovation through draw schedules tied to completion milestones. Others provide lump sum at close requiring you to fund rehab separately.

Hard Money Loans in Larkspur: Fast Funding for Marin County Real Estate Investors