Private Money Loans
We are Lantzman Lending, Riverside hard money lenders with over 30 years of direct private money lending experience. We offer fast, reliable financing to a wide variety of real estate investors by tailoring loan programs to your specific needs. Our private loan rates start as low as 8% and can close within just 3 days.
No matter what type of real estate you are investing in, we have a loan product to match. Whether you hold title in a company entity (LLC, Corp, Trust, etc.) or personally, our experienced team is ready to handle all transaction types. And since we are true asset based lenders, we only require a one-page application to get started and send you a quote within 24 hours.
Direct Private Loans In Riverside
Situated in sunny southern California, Riverside takes its name from its location on the banks of the Santa Ana River. It’s a sleepy bedroom community which has benefitted from the increasingly expensive Los Angeles real estate market forcing people to look for a more affordable place to live. That provides a built in population looking for properties, perfect for commercial real estate investors who want to make money from rentals.
With over 30 years of experience, Lantzman Lending understands that taking advantage of the rental market often means acquiring the working capital you need in a hurry. That’s why we’re prepared to provide an instant quote and help you finalize your hard money commercial loan within just a few days. The sooner you can get up and running, the sooner you’ll be able to see a return on your investment, making your Riverside property a financial success.
As the popularity of Riverside and surrounding resort communities like Palm Springs, Palm Desert and Rancho Mirage continue to grow, the potential for the real estate market grows as well. With the influx of commuters from both Los Angeles and San Diego, the Riverside area is one of the fastest growing regions in the state. Unlike its neighbors, it’s not a luxury market but that only makes it more attractive to middle class families in need of more affordable housing options.
Riverside also has a unique historical significance as the birthplace of the California citrus industry and its many landmarks such as the California Citrus State Historic Park and the Parent Washington Navel Orange Tree, the last of two original navel orange trees in California, reflect that heritage. It’s also home to the historic Mission Inn and the Riverside Fox Theater, where the first showing of the classic 1939 film Gone With The Wind took place. With so much to attract visitors, it can also be a lucrative market for commercial real estate investors.
Lantzman Lending offers the following loans to real estate investors:
Our Easy 4-Step Process
Financing When You Need It
Lantzman Lending is unlike other Riverside hard money lenders. Our system is unique, in that we provide you with a quote within one hour of making a request and generally have all of the paperwork for your loan completed within three days. Our team is focused on lending at competitive terms with superior service for every customer that makes us stand out from the pack. With our great rates and fast financing we believe that we can earn your business and provide you with the loan you need.
That’s particularly important when you consider the current market statistics for Riverside. According to Zillow, the median home value in Riverside is $426,801, with home values increasing 2.5% over the last year. At the same time, the median rental is $2,219/mo, making it particularly profitable for commercial rental investment properties.
California has a long history of being a renter’s haven, with the majority of Californians opting to rent rather than buy. That trend translates into a great opportunity for commercial rental properties to bring in a sizable income. At Lantzman Lending, we provide a wide range of hard money loans to help you take advantage of that trend, from fix & flip or rehab loans to construction loans, commercial loans or refinances.
No matter what type of loan you’re interested in, we understand just how important time can be when it comes to financing a commercial real estate purchase in Riverside. That’s why we operate as asset based lenders, providing the financing you need directly from our own resources, so you can get the loan you need without the lengthy approval process. We’ve been providing hard money loans in CA, NV, TX and AZ for more than 30 years and we fund up to 65% of the after repair value on fix and flips and 65% of current value on most other loan scenarios.
To learn about hard money loans see our “Guide to Hard Money Loans” and our “Guide to Rehab and Construction Loans“.
Would you like to have more information about our loans?
Need Help With A Hard Money Loan? Let Us Know.
Recently Funded Deals in Riverside
This Riverside, CA Fix and Flip was purchased for $250,000. We funded a loan of $265,000 which included 100% of the repair costs. Our Borrower remodeled and resold the property for $397,000.
This Palms Springs, CA Fix and Flip was purchased for $650,000. We funded a loan of $665,000 which included 100% of the repair cost. Our Borrower remodeled and resold the property for $1,249,900.
This Palm Springs, CA Fix and Flip was purchased for $650,000. We funded an acquisition loan of $450,000. Our Borrower plans to expand the footprint and completely remodel and resell the property.
Lantzman Lending is the top Riverside hard money lender and we’re known for being reliable, competitive and consistent, as you can tell from our four and five star reviews at Yelp and Google.
Our main focus is helping our clients succeed, whether they’re looking for a commercial, construction or fix & flip loan. If you’re looking to get in on the burgeoning rental market in Riverside and need cash quickly, give us a call today and we’ll help make your investment pay off in no time.
Blog Articles You May Be Interested In:
7 Steps to Guaranteed Hard Money Approval
Finding Funding For Flipping Houses
Using Direct Money Lenders for Your Construction Project