{"id":17735,"date":"2017-05-09T03:04:35","date_gmt":"2017-05-09T10:04:35","guid":{"rendered":"http:\/\/www.thenorrisgroup.com\/?page_id=17735"},"modified":"2023-11-01T10:58:42","modified_gmt":"2023-11-01T17:58:42","slug":"build-flip-hard-money-program-2","status":"publish","type":"page","link":"https:\/\/www.thenorrisgroup.com\/california-hard-money-terms\/build-flip-hard-money-program-2\/","title":{"rendered":"Build to Flip Hard Money Program"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"17735\" class=\"elementor elementor-17735\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-37a40d9f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" data-id=\"37a40d9f\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72a753b2\" data-id=\"72a753b2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c881e4f elementor-widget elementor-widget-heading\" data-id=\"3c881e4f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Build to Flip Program<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-4d5f66a9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" data-id=\"4d5f66a9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ba67108 terms\" data-id=\"ba67108\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-inner-section elementor-element elementor-element-9939e66 term-img elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" data-id=\"9939e66\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-20512e0 image\" data-id=\"20512e0\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4cde0330\" data-id=\"4cde0330\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7b971e28 elementor-widget elementor-widget-heading\" data-id=\"7b971e28\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Refinance\/Rental Program<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f378bbc elementor-widget elementor-widget-text-editor\" data-id=\"4f378bbc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The Norris Group\u2019s building and construction hard money program is built for California real estate investors and builders working on new construction projects ranging from infill projects to small tracts in California with the intent to flip once completed. If you\u2019re working on add-ons and square footage additions, please see our standard fix and flip hard money loan.<\/p><p>We fund up to 65% of future value depending on the project which typically covers the cost of construction. Land must be owned free and clear and construction plans and permits drawn before funding. For projects over 8 properties, please call 951-780-5856. Please be aware since the passing of SB978, a third party fund control is currently required on all new construction.<\/p><p>* 0.4% additional interest if investor does not opt in for direct deposit.<\/p><p>** Points and LTV\/ARV are subject to the required third-party appraisal which takes into consideration property condition, property location, and the investor experience.<br \/>All loans subject to change. All loans subject to change.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7bdfd64 main-desp elementor-widget elementor-widget-text-editor\" data-id=\"7bdfd64\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"heading\" style=\"font-family: Lato; font-size: 20px; font-weight: bold; line-height: 42px;\">Build to Flip Program<\/div><p>Term: <span class=\"rehab-contetnt\">1 year <\/span><br \/>Rate: Call For Rates<br \/>Prepayment penalty: <span class=\"rehab-contetnt\">None Up to 65% future value<\/span><br \/>Points: <span class=\"rehab-contetnt\">2 pts <\/span><br \/>Fees: <span class=\"rehab-contetnt\">$1,095 <\/span><br \/>Appraisal Fee: <span class=\"rehab-contetnt\">$375-$400<\/span><br \/>Funds control required,<span class=\"rehab-contetnt\"> roughly 1% of construction costs.<\/span><br \/>Entities, trusts &amp; IRAs <span class=\"rehab-contetnt\"> OK <\/span><\/p><p><a class=\"btn\" href=\"https:\/\/www.thenorrisgroup.com\/loan_application\/index.php\">APPLY NOW<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Build to Flip Program Refinance\/Rental Program The Norris Group\u2019s building and construction hard money program is built for California real estate investors and builders working on new construction projects ranging from infill projects to small tracts in California with the intent to flip once completed. If you\u2019re working on add-ons and square footage additions, please [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":17681,"parent":17722,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - 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