Welcome to Rebucks LLC!
Your Fast and Reliable Real Estate Investment Specialist
Rebucks LLC of Carmel, California is your devoted real estate investment advisor! We make the process of real estate investing fast and convenient and enable clients nationwide to invest in safe income-producing properties.
What is a Private Money Loan?
By definition a private money loan is a very specific type of loan that revolves around asset-based loan financing by which a borrower will receive funds secured by the value of owned real estate. Private money loans will typically be issued by private investors or companies (such as ourselves), as opposed to banks. Because of this, the interest rates of private money will generally be higher than more conventional commercial or residential property loans. The reasoning behind this lies in the riskiness of the loan that is issued by the lender.
Most private money loans are used for short-term projects typically lasting from a few months to no more than a few years. The criteria that is gauged when considering a good candidate for a private money loan varies largely by the various lenders and purpose, however, most private money lenders primarily qualify this type of loan based on the value of the real estate being collateralized, although credit scores, income and other conventional criteria may still be added into the loan evaluation.
Some Types of Real Estate/Property to Serve as Collateral Include:
- Office Buildings
- Industrial Properties
- Retail Centers
- Self Storages
- Mobile Home Parks
- Multi-Family Apartments
- Assisted Living Condos
- Hospitality Properties
- Student Housing
- Parking Garages
- Condo Units
- And More…
We are associated with Secured Investments Corp.
For More Information please call us at 831-238-6232!! E-mail us at email@example.com !
Although our offices are located in Hollister and Carmel, we also help investors with their residential and commercial investment needs in Monterey, Santa Cruz, Santa Clara, and throughout California and all other states.