Balboa Capital Group, a direct lender for real estate investors, funded a $1,600,000 hard money loan residential fix and flip in San Jose, CA. This was a quick flip with only cosmetic renovations. This is a repeat client with Balboa Capital Group. Their track record allows us to offer high leverage on this deal. The loan term was set at 12 months with 90% loan on the purchase price and 100% on the renovation budget.