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San Francisco Hard Money Rehab Loans – Major Rehab Project Funding

Chris Goulart

This transaction we recently placed funding for is a San Francisco hard money rehab loan for a property in need of major repairs.  The location of the property is highly desirable, and the profit potential was such that our client was able to partner with a gap funder to drastically reduce the required cash required to close.  Between the hard money rehab loan we worked on and the gap funding acquired in conjunction with that loan our client was able to close on this deal with essentially only the earnest money cash out of pocket.  The trade off in this situation, however, is that the gap funder who partnered with him will take 50% of the profits once the property is sold.


San Francisco Hard Money Rehab LoanSan Francisco Hard Money Rehab Loan Bedroom View









The purchase price of this property was $755,000.  The property needed extensive repairs, and the budget for rehab came in at $334,000.  This amount was held back in a fund control account and is being disbursed as work progresses.  In addition, 6 months of interest is being held back to cover payments for the first six months, giving our client 6 months to complete the rehab and sell the property before his first out of pocket interest payment is due.  As part of the transaction, the gap funder also funded an interest reserve to cover up to 5 additional months of interest payments should the project run longer than anticipated.


San Francisco Hard Money Rehab Loan Interior View

San Francisco Hard Money Rehab Loan Street View







Our hard money rehab loan on this San Francisco property was funded very quickly.  Due to the location and the experience of the client and his contractor, everyone was very comfortable with this project and the profit potential.  The contractor involved in this transaction had completed similar rehab projects in nearby locations successfully.  In addition to rehabbing the property to bring it up to the condition required to sell for full price on the open market our client will also be capturing some additional square footage that is currently under roof but not permitted.  This will add to the value of the property once it is completed and on the market.

We are able to assist with hard money rehab loans of this nature all over California.  Regardless of the scope of rehab, whether it is cosmetic in nature or more intensive, such as on this transaction, we have many programs that can help finance the acquisition and the rehab work to be done.  Visit our rehab lending page for more information on our California rehab loans, or call us directly at 877 462 3422 and we will be happy to discuss your project and potential financing options we can provide.

Chris Goulart specializes in creative private money solutions secured by real estate throughout California. The private hard money loans he works with are typically funded by individuals and groups outside the more traditional banking industry. He has specialized in private hard money loans for over a decade and is fully licensed both at the state level, through the DRE, as well as the national level, through the NMLS.


Google Users Reviews

Roseanne Baker
Roseanne Baker
18:45 07 Sep 18
Chris is extremely professional, is a hard worker, always responds back to my emails/calls promptly, and is an expert... as what he does. I will definitely recommend him to anyone that is looking for lending services and I will continue to use him for all of my lending needs in the future. You will not be disappointed with his more
lorraine pitre
lorraine pitre
18:44 07 Jun 17
I used All California Lending to provide me with a hard money loan. My loan representative was Chris Goulart. I... needed the loan to close in 15 days. Mr. Goulart was able to close the loan in the time frame expected. Several things I admired about Mr. Goulart was that he had great communication via email, text and/or verbal. He was always available. I was even out of the country while he was processing the loan. I came back and the loan was completed. 5 Stars!!!read more
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