Working with a
Los Angeles Hard Money Lender
Los Angeles has one of the most substantial economies in the nation in a broad range of professional and cultural fields. Los Angeles is also famous as the home of Hollywood, a major center of the world entertainment industry. Los Angeles is the second most populous city in the United States and the most populous city in the state of California. With a vibrant, diverse, and international economy Los Angeles continues to remain an attractive lending area for the Wilshire Quinn Capital.
For the past 5 years, Downtown Los Angeles has experienced a boom in housing and commercial development projects. Many people wonder if the recent boom in development will last. Is it sustainable? Many experts in the Los Angeles markets say yes. The Downtown market will continue to grow, and the housing sector in particular will expand for at least the next three or four years. Surveys show optimism and expectations of growth across many industries in the Los Angeles area.
The boom in housing and commercial development projects in Los Angeles is expected to last several years. As many look for creative ways to finance their commercial projects, some look for a Los Angeles hard money lender to finance their real estate development. Unlike traditional lenders, private money lending institutions focus more upon on the equity in a property relative to the borrower’s credit score. The underwriting and funding process can take place in a matter of days instead of weeks or months. Wilshire Quinn continues to fund hard money loans in Los Angeles and throughout the state of California.