A common question for many looking into real estate is, “what is hard money?” The definition of hard money is any money that’s backed up by a physical asset, such as gold or silver. Hard money loans are a type of loan that’s backed up by real property. Because this money is backed up by […]
A “fix and flip” is an investment in which a run-down or distressed property is bought at a low price, renovated, and sold at a higher price. It can be a lucrative real estate investment—some investors build whole careers on fix and flip projects. Fix and flip projects are always risky. For one, investors must […]
Source Capital is a direct subprime and hard money lender in Arizona that utilizes its own investor capital and is licensed and insured in Arizona, California, Minnesota and Oregon. As a direct private money lender in Arizona, our track record of funding transactions throughout Arizona is solid and with over $1.4B in loans underwritten, we know […]
Not everyone can qualify for a traditional loan. Banks and credit unions look to verify a recipient via a background and credit check. Once this has been processed, they will then evaluate the loan request, recipient, and decide whether they are worthy. In other words, banks and credit unions look for someone trustworthy to lend […]
We are a direct premier subprime lender in California that specializes in funding of commercial and residential real estate subprime and hard money loans in San Diego, San Francisco, Los Angeles, San Jose, Fresno, Irvine, Anaheim and other adjoining areas. Our distinctive approach to financing with private capital allows speed and flexibility that traditional banking […]
