Question 1

How fast can I close on a Fort Jones property with hard money?

Accepted Answer

Most deals close in 7-14 days once the appraisal completes. Cash-out transactions or complex titles can add a week.

Question 2

What interest rates should I expect in Siskiyou County?

Accepted Answer

Rates run 9-14% depending on experience and deal quality. Rates vary by borrower profile and market conditions.

Question 3

Can I use hard money for raw land purchases?

Accepted Answer

Yes, but expect higher rates and lower LTV. Most lenders cap land deals at 50-60% loan-to-value versus 75% for improved properties.

Question 4

What happens if my Fort Jones renovation takes longer than planned?

Accepted Answer

Most lenders offer 6-12 month extensions at higher rates. Plan your exit before the initial term expires to avoid expensive carryover costs.

Question 5

Do I need contractor licenses to get hard money in California?

Accepted Answer

No, but lenders want to see contractor bids and timelines. Experienced general contractors on your team strengthen your application significantly.

Hard Money Loans in Fort Jones: Fast Capital for Siskiyou County Real Estate Investors