Lending Resources
From the Blog
A Beginner's Guide to Private Money Loans for Real Estate Development
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...
Read MoreFlipping Houses for Beginners: Where to Get Your First Funding
Flipping houses has become more and more popular as the years go on, and not just because of reality TV. Not only is it a great way to make a few hundred...
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These 3 Types of Investors Often Utilize Hard Money Loans
A hard money loan is a short-term mortgage that can be used for investment properties. They offer many advantages like being able to be obtained quickly and...
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Commercial and Residential Property Loan Products for a Wide Variety of Needs
We are proud to offer an extensive lineup of loan packages to suit almost any lending need, including loans on commercial and residential properties for various purposes. Have a look at our offerings and feel free to contact us if you have any questions.
A business purpose loan includes, but is not limited to, a loan to acquire, maintain, or improve rental property; a loan to purchase, repair, or improve real property for use in the borrower’s business; a loan secured by a residential property to purchase equipment, machinery, inventory, supplies, rent, taxes, fixtures or furnishings used in the borrower’s business; for operating capital, employee salaries and other related business expenses; or to pay off or refinance business debts.
We make short term, equity-based loans on commercial properties in major metro markets of California. We lend against the following property types: multi-family 5+ units, office buildings and light industrial properties. We lend to individuals, trusts, LLC’s, corporations, partnerships and foreign nationals.
From adding an accessory dwelling unit (ADU) to an investment property, to building a spec home from the ground up, we can help our clients obtain the financing needed to complete the project.
A bridge loan is a temporary loan with a maturity of 12 months or less connected with the acquisition of a dwelling intended to become the consumer’s principal residence. An example of such loan is a loan to finance the purchase of a new dwelling where the consumer plans to sell a current dwelling within 12 months.
Hard Money Loans in Texas
Maggio Capital now offers residential, non-owner occupied business purpose loans in the great state of Texas.
