Private Money Lending

PRIVATE MONEY LENDING

When the Bank says No.

Apply Now

Realtor Info

Here are are few of the biggest differences between private money lending and the bank:

Private money focuses more on property equity than income or credit

The ability to collateralize multiple properties for one loan can be a complete game changer

You can buy out a partner or an ex-spouse when the bank says no to avoid a forced sale

You can use equity in a residence for business or investment using flexible private money guidelines

Who Is Private Lending For?

Borrowers who have cash constraints, but have equity in another property

Borrowers who have run out of money in the middle of construction

Borrowers who have issues with employment, income, assets, or too many mortgage loans

And many more outside the box lending situations …

Still have questions?

Please contact me. You can call or text
and I’ll be with you shortly.

Call or text

Richard is an expert in mortgages and financing. He is extremely knowledgeable about different financing options and is able to provide detailed information about what is available to his clients. He is very responsive by phone or email. He also provides a personal touch to the experience financing for a home.
Richard was instrumental in helping me purchase a house. He also came with me to do the signing at the close of the sale. I cant say enough about how passionate and experienced Richard is in his field.

Lisa Hartmayer

Nurse Practitioner, UCSF Medical Center

Richard is a rare find. His expertise regarding mortgages and real estate financing in general is super, as evidenced by his book and my personal experience. Combine that with his high level of professionalism and his style which includes humor, sensitivity and passion for delivering the best service and the best possible deals, and you have the kind of person that I truly value doing business with. I have consulted with Richard over many years on a wide variety of real estate transactions and his insights have been invaluable, while he is also an absolute pleasure to work with. I trust him absolutely to always have my back and cannot recommend him more highly.

Jon Leland

B2B Marketing

Richard did an incredible job helping me purchase my first home. He was easy to work with – giving a clear list of information required and taking the time to explain things if needed, was quick – both with getting a last minute offer put together and working with a short close on the property I purchased, and was very responsive via email & phone. From start to finish everything went smoothly. I would highly recommend Richard to anyone. Thanks Richard!

Dan Wittmer

Software Engineer

SUCCESS STORIES

The personal side of private money lending.

BRIDGE LOAN SUCCESS STORY

Downsizers Get Their Dream Home – And Make a Profit!

Yvonne and David love their new home in Santa Cruz! Without a bridge loan though, it wouldn’t have happened. The bridge allowed them to make a cash-like offer, beating five other bidders, and gave them the time to move into the new home and make improvements on the old one after close, before it was sold.

The Challenge: Downsizing empty-nesters wanted to purchase 257 Sheldon Avenue in Santa Cruz but there wasn’t much time. It was a multiple offer situation and the borrowers had to make an offer in two days with no contingencies and a 17 day close or they wouldn’t be competitive enough to get their dream home near the beach. Liquidating investments to provide enough money for the purchase wasn’t an option and would have presented them with a huge tax bill. To get the value our of their current residence, it would need work, so selling before buying would have meant either living with construction or losing much of the value of their home in the transition.

Solution: Their residence at in Mountain View was worth over $2.5 Million with only a $600,000 mortgage. I had them approved for a consumer bridge loan in 24 hours so they could make a competitive offer in time. We closed on the Santa Cruz purchase right on time. They moved into their new home, did the work needed on the Mountain View home to raise the value, and sold it for $3.1 million.

Let’s Talk about your situation

“

I don’t know what we could have done without Richard! We love our new home! –Yvonne