Meet The Team

Carl Maggio, Principal

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Patrick Hook, Principal

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Scott Butler, Sales

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Blogging About Residential and Commercial Property Loans in Southern California

There's no shortage of individuals or organizations that are willing to lend money to your business, no matter what your qualifications may be. These can be traditional bank lenders, private money lenders, or alternative financing companies. they may all have different names, but they're all willing to give small business owners like you a leg up.

Read more: The Pros And Cons Of a Hard Money Business Loan

If you've worked in the lending industry or the house flipping business before, you're probably already familiar with the concept of a hard money loan. You also probably know what the difference between a hard money loan and a private money loan is. But for those not quite in the know, it can be a little confusing.

Read more: Hard Money Loans: A Guide to Understanding the Basics

Financing a house flipping project can be tricky, at best. If a structured bank loan won't work for you, what will? The answer is private hard money lenders. Here's what you need to know.

Read more: Back to Basics: A House Flipper's Guide to Hard Money Loans

Hard money loans are typically associated with receiving fast investment capital. Hard money deals are often sought after for their quick turnaround (usually within 7-14 days to process), but beyond that, many people are surprisingly uninformed of what the process actually entails. If you're considering working with private money lenders, it's important to know the facts. Here are just a few key facts to understand when considering getting a hard money loan.

Read more: Interested In A Private Money Loan? Make Sure To Understand These 4 Facts

In our last post, we discussed some frequently asked questions concerning hard money lenders and loans. Here, we finish the list to offer you as much information about the hard money loan process as possible!

Read more: Frequently Asked Questions Concerning Hard Money Loans: Part 2

House flipping is becoming extremely popular as it can help you create an income while giving someone else the home of their dreams. House flipping is on TV all the time with a growing number of house flipping-themed shows on the daily reality lineup.

Read more: 3 Ways to Finance Your House Flipping Project

It's no secret that hard money loans are a viable options for those in need of quick cash. A typical bank loan borrower looking to take out a business loan has to be two years in business, have at least $250,000 of annual revenue, have good personal and business credit, and be cash flow positive. Still, hard money loans are incredibly versatile in a variety of situations. But before you commit to a hard money loan, it's important to be aware of these common mistakes.

Read more: Considering A Hard Money Loan? Beware Of These Common Mistakes

Home-buying can be a stressful process, from finding Realtors and open houses to banks and money lending. By the time you finally find a house, you're ready for the whole escapade to be over and things to settle back down. However, there's just one last thing you need to accomplish before you can start packing: the closing.

Read more: 3 Helpful Hints on How to Ensure an Easy Home Closing

Hard money loans are often misunderstood by people who have never really used them before, and as a result there are a lot of myths floating around on the subject. The truth is that hard money loans are actually quite common and, if you know how to use them, very effective.

Read more: Debunking a Few Common Myths About Hard Money Loans

Buying real estate property may not always be easy. If you find yourself looking to purchase property, but don't have the money to do so, many people often turn to hard money loans for assistance.

Read more: 3 Reasons Your Hard Loan Application May Be Declined

If you are interested in flipping and developing houses, hard money loans may be for you. These private money loans are great for those that may not have the capital needed to complete the project, for any reason. The world of hard money is incredibly vast, and there are some things that you should know before you sign on the dotted line.

So we have created a simple guide to help anyone understand how hard money loans and real estate investment work together.

Read more: A Beginner's Guide to Private Money Loans for Real Estate Development

When using a hard money lending service or taking out a loan, it’s crucial that you understand how the entire process works. Taking out a loan isn’t as simple as just asking someone for money and taking it. There is so much more than goes into the process.

Read more: A Few Important Things You Should Know About Loans

Contact Us

12526 High Bluff Drive, Suite #300
San Diego, CA 92130

info@maggiocapital.com
858.764.4436

California Department of Real Estate
Real Estate Broker,
Broker License #01883341,
NMLS #308757

NMLS Consumer Access
https://www.nmlsconsumeraccess.org

Maggio Capital, Inc., is a direct, private or hard money loan lender in San Diego, California. We originate, underwrite and fund non-traditional mortgages on residential and commercial properties throughout California and Texas.


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