Orange County Real Estate: Hard Money Loans for a Huge Market
Due to its enormous size, Orange County can be a valuable proposition for any real estate investor, developer, or rehabber. As the sixth largest county in the US, Orange County has a population that is greater than 21 states. There are 34 incorporated cities in Orange County, as well as many unincorporated areas that are also heavily populated. All in all, more than three million people call the OC their home. It is a thriving, dynamic, and diverse area, with plenty of great real estate opportunities. This region is perfect for someone looking to put a house back on the market, get into the rental business, or lease to people moving in search of warmth and work.
Understanding the Orange County Real Estate Market
Such a huge area is so diverse that it becomes difficult to understand as a whole, but we can break it down into a few markets:
The Large Cities
Santa Ana, Irvine, and Anaheim are the major cities in Orange County, all of which are home to multiple universities, major theme parks, and professional sports teams. This is what makes Orange County much more than just an extension of Los Angeles.
Pacific Coast Cities
Huntington Beach, Laguna Beach, Newport Beach, and San Clemente are the towns that most commonly spring to mind when people think of “The OC.” There are surprisingly affordable single family homes and nice neighborhoods with properties ready for refurbishment in these areas.
Santa Ana, Mission Viejo, Lake Forest, and Fullerton are all further inland. These towns range from the distressed-property capital of Orange County in Santa Ana, to the young person’s haven of Fullerton, to the upscale suburbs of Lake Forest. This shows the diversity in this county, which makes it perfect for real estate investors.
Hard Money Loans from Socotra Capital Help You Get into the Orange County Market
The Orange County real estate market is vast and diverse. We understand that market and we know what it takes to succeed. You may be looking to refurbish homes by the beach, take advantage of university rental properties in the big cities, or expand into the growing suburbs, but either way, we can get you a fast approval on a hard money loan so you can get to work.
Socotra Capital is California’s premier hard money lender for your real estate investment needs. Contact us today to get started on your quick approval!