San Francisco (aka the City by the Bay) is a large coastal city in Northern California.
With nearly 1 million residents, it's the fifth most densely populated county in the nation. It is also an extremely ethnically diverse city.
It's home to Silicon Valley, the world's tech capital and, as a result, one of the wealthiest and most expensive cities in America.
San Francisco is a city mostly comprised of professionals, managers, salespeople, office workers, and tech workers.
The city possesses an abundance of pre-World War II architecture, making it the biggest city in America for historic buildings, which adds to its charm.
With its strong economy and large white-collar labor force, it's no wonder real estate prices are high.
With the ongoing growth of tech companies, property values in the city are likely to experience an increase in value over the longer term.
It’s a competitive real estate market where homes sell quickly and often over their asking prices.
Many investors use San Francisco hard money loans to finance their real estate projects, keeping them competitive in the San Francisco market.
These loans are asset-based and focus more on the value of the collateral than on a borrower's credit score or income.
Offers with a hard money loan are likely to stand out to sellers compared to offers requiring traditional financing, which can take longer to secure and often fall through.
