Emerald Cove Equity & Real Estate
Aerial view of a residential neighborhood in South Redondo Beach, California

Hard money lending

Hard money.
Made simple.

Asset-based lending secured by real estate. Borrowers can use proceeds for any legitimate business purpose while the loan is reviewed against the property, appraisal, lien position, and borrower.

Submit a scenario Explore passive income options
Loan niches

Business-purpose loans reviewed case by case.

1st & 2nd position Senior and junior-lien scenarios when the collateral and equity support the request.
Occupancy range Non-owner-occupied and eligible owner-occupied scenarios reviewed by file.
Stated income Collateral-focused lending for borrowers who need alternatives to full-doc financing.
No minimum FICO Credit is reviewed, but the file is not reduced to one score.
Flexible collateral Cross-collateralization, cash-outs, refinances, and purchases.

Business-purpose loans

Business-purpose loans backed by real estate.

Funds can be used for any legitimate business purpose. The money is not limited to real estate uses, as long as the use of funds serves a business purpose and the real estate collateral supports the loan.

Property types

SFRs, multifamily with no unit cap, condos including non-warrantable, and commercial property in California.

Loan structures

Purchases, cash-outs, refinances, and cross-collateralized structures reviewed case by case.

Business use of funds

The proceeds do not need to be spent on real estate, provided the purpose is business-related.

Beachfront residential property used as real estate collateral

For capital partners

A practical path to passive income, backed by real estate.

Emerald Cove works with qualified individual and institutional capital partners. Each opportunity is underwritten and presented based on the property, protective equity, lien position, borrower strength, title picture, and exit strategy.

Join the capital network
01

See the underlying asset

Review the property, valuation, protective equity, and lien position.

02

Review the underwriting

Evaluate the valuation support, borrower plan, lien position, title items, and exit strategy.

03

Make an informed decision

Every opportunity stands on its own facts, risks, and documentation.

Start a conversation

First send the details needed to quote a scenario.

For the fastest review, include the core facts upfront. A complete scenario lets us understand the collateral, lien position, borrower profile, loan request, and business purpose before quoting.

Contact John regarding any loan scenarios or passive income opportunities.

  • Property address
  • Amount owed on property
  • 1st or 2nd TD
  • Borrower FICO
  • Requested loan amount
  • Business purpose / use of funds

John Mirassou

President

Emerald Cove Equity & Real Estate, Inc.
310.628.0829 john@emeraldcovequity.com
Redondo Beach, California
California Broker | DRE No. 02022988