Palm Desert Capital

Rehab Financing has many different names and is also known as private money, bridge lending, construction loans and sometimes hard money loans. The goal of a rehab loan is to provide access to acquire and repair distressed property. The terms of a hard money loan are different to that of conventional financing. Most loans have a six to twelve month term and come with interest only payments that have a balloon payment at the end of the loan’s term. These loans are designed for real estate investors such as landlords or rehabbers to finance residential investment homes.