Recently Funded Hard Money Loan in Hanford, CA for $230,000
Borrower, and long-time owner of the Property, was seeking a business purpose cash-out refinance loan to payoff existing 1st TD, make repairs to the property, and payoff other debt.Subject is a 1 story, 5 unit Multi-family property in Hanford, CA (near Fresno). The Property is 100% occupied, rental rates ranging from $800 to $1,150. The Property…