City Capital Realty

About City Capital Realty

City Capital Realty is a Los Angeles, CA based private money lender offering funding in Los Angeles. They provide loans for many different needs and situations, including loans for investments properties, short term fix and flip loans, and commercial loans. Their lending parameters are versatile, including loan amounts ranging from $250,000 to $5,000,000 with a maximum LTV of 70%, terms up to 3 years, and rates starting at 7.75% . They require their borrowers to have a minimum credit score of 700 to receive a loan. They offer loans on many types of properties, including single family residences, multi family residences, apartment buildings, office units, retail storefronts, mixed use spaces, and industrial facilities.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Mixed Use, Industrial

Areas Served: Los Angeles

Licenses: CAl BRE 00667328, NMLS 298861, NMLS 729817, Notary# 2072774, Insurance Lic# 0613659

Lending Guidelines for City Capital Realty

Below are the general loan guidelines published on the City Capital Realty website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by City Capital Realty.

Loan Example 1

Luz takes a fix-and-flip loan from City Capital Realty in order to remodel a townhome to resale in Los Angeles, CA. The sales price of the house is $350,000. The loan to value (LTV) on the deal is 75%. This means that Luz will have to bring 25% of the sales price to closing and the principle will be $262,500 on the note. The interest rate on the note is 9% for a length of 18 months and the company requires a five point origination fee at the close. The interest is to be paid monthly and the principle will be repaid after the property sells.

Luz will need to contribute $87,500 to closing (25% on the 75% loan-to-value), plus she will pay the $13,125 origination fee. she will then pay $1,969 monthly to City Capital Realty. Luz's intention is to complete the rehab by the end of the 18 months and sell it for $455,000. If she succeeds she will make a total profit of $56,438 ($455,000 price - $262,500 principle - $87,500 cash at closing - $13,125 origination fee - $35,438 in total interest paid.

Loan Example 2

Lewis takes a fix and flip loan from City Capital Realty so he can remodel a townhome to re-sell in Los Angeles, CA. The loan has the following terms:

a) A $310,000 purchase price, b) a 85% loan to value (LTV), c) a 6 month term, d) a 9% interest rate, and e) a 2% origination fee.

Assuming a $465,000 sales price at the end of the 6 month term, the final numbers for the deal would look like this:

$465,000 sales price
- $263,500 principle on note (85% LTV)
- $46,500 down payment (15% on 85% LTV)
- $5,270 origination fee (2% of the $263,500 principle)
- $11,858 interest payments (6 months x 9% interest)
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= $137,873 total profit (does not include taxes or renovation costs)