Hard Money Financing for San Diego Borrowers

At Socotra Capital, we’re proud to be a trusted hard-money lender offering equity-based loans for private borrowers, investors, businesses, trusts and estates. We’re here to provide the hard money needed to purchase residential and commercial properties throughout San Diego. Whether you’re a seasoned investor or want to buy your first fix-and-flip property, we’ll offer the very best in prompt, attentive and courteous service.

As an equity-based lender, our underwriting guidelines focus on the overall equity of our borrowers instead of their credit scores. We’ve worked with borrowers who’ve been through bankruptcies and foreclosures and who have poor credit scores. If you’ve been turned down by another lender, we may be able to help. We offer a wide variety of hard money loans including:

  • Commercial property loans.
  • Residential property loans.
  • Bridge loans.
  • Fix-and-flip loans.
  • Buy-and-hold loans.
  • Ground-up construction loans.
  • Short sale and REO loans.

We work hard to provide potential borrowers with same-day loan prequalification whenever we can. If you’d like to learn more about using a hard money loan to buy residential or commercial property in the greater San Diego area, please fill out our Loan Interest Short Form to get started today.

Residential Financing with Hard Money Loans

Whether you’d like to refinance a rental in San Diego or purchase a distressed home to fix-and-flip in Fallon, Socotra Capital has a program designed to help you.

At Socotra Capital, we know that many real estate investors are eager to take advantage of the strong rental market in the San Diego area from Tahoe to Fallon. We offer a Buy-and-Hold program for investors who want to purchase income-producing properties. We provide financing of up to $6,000,000 for qualified properties that go through appraisal successfully.

We’re also proud to offer a Fix-and-Flip program for borrowers who want to rehab and resell distressed residential properties at a profit. We allow you to borrow up to 75 percent of your total costs including purchase and rehab. Fix-and-flip loans continue to be one of the most popular financing products that we offer to borrowers throughout San Diego.

We offer financing with no fixed limit on the number of properties that any one investor may purchase. We’re proud to offer both interest-only and term loans of up to seven years so that our borrowers can choose payment schedules best fitting their needs. We offer fully amortized and partially amortized loans.

Commercial Financing with Hard Money Loans

Whether you need a bridge loan to meet business needs or want to buy a specialty commercial property in Nevada, Socotra Capital has a program designed to help you.

Since 2007, we’ve worked with investors and business owners in the San Diego area to meet commercial borrowing needs. At Socotra Capital, we’re proud to provide hard money loans for many different types of commercial properties including distressed properties. Banks turn down business owners for loans for a variety of reasons. We’re happy to be a lender of choice for small business owners who need to find financing that traditional banks simply can’t provide.

We’re proud to offer bridge loans designed to assist business owners who need cash now. Perhaps you need to pay off a mature note on your restaurant in San Diego or are expecting a big COD at your Sparks warehouse. If your bank says no to your request to refinance, you do have options. With bridge financing, you’ll have the wiggle room you need to clean up business credit, enhance revenues and prepare your business for sale.

We’re also proud to provide hard money loans for investors who want to purchase a wide variety of commercial properties. Maybe you’ve had your eye on a distressed apartment building or want to rehab an old warehouse. We offer hard money loans with no limit on the number of properties so that you can leverage the value of your entire portfolio or of just one building.

We offer flexible loan parameters:

  • Financing for industrial properties, offices, retail spaces, apartment complexes with six or more units, shopping centers, mixed-use spaces, restaurants, auto shops, specialty properties, hotels, gas stations and undeveloped land.
  • Loans ranging from $30,000 to $6,000,000.
  • Terms of six months to seven years with interest-only, partially amortized and fully amortized hard money loans available.
  • Lending for individuals, businesses, trusts, estates, corporations and limited partnerships.

Of course, we also consider other non-traditional financing needs. If you’re an investor who wants to purchase a non-conventional commercial property that traditional banks won’t finance, get in touch with us today.

Should You Choose a Hard Money Loan?

Using hard-money financing from a private lender to purchase a commercial or residential property in the greater San Diego area is a big step. It’s important that you work with a trustworthy, knowledgeable lender who will keep your best interests in mind. At Socotra Capital, we’re proud to be the premier lender for investors throughout San Diego who need to find reliable financing on a tight schedule.

We know that investors sometimes want to make offers on residential or commercial spaces but don’t have the time to pursue traditional financing. If you’ve found a property that you want to buy but don’t have time to deal with a bank, we can help. We do our best to provide same-day loan prequalification whenever possible so that you can make a clear, firm offer. When it comes to closing all-cash deals, there’s no better partner than Socotra Capital.

From time to time, residential borrowers also find themselves in situations where a traditional bank just can’t or won’t help with financing. We’re here to provide the hard money loans that residential buyers needs to purchase REO properties, distressed properties, homes at short sale, bank-owned homes, foreclosed homes and other non-conventional properties. Our residential clients work with us because we understand the market in the greater San Diego area and know how to provide the financing that will meet your needs.

We’re also proud to help small business owners who want to buy their properties free and clear or who need to account for financing gaps. We’re a Sacramento-based small business, so we understand the struggles that other business owners face. We’re proud to provide San Diego hard money loans and bridge loans that allow entrepreneurs to get ahead and build business strength. Our business clients work with us because we understand their needs and can provide timely, fair financing.