Recent Transaction – $240,750 Business Purpose Cash Out, Buena Park, CA Real Estate Investor borrower was seeking a Business Purpose Cash-out 2nd Trust Deed on this owner occupied property in Buena Park. Use of the loan proceeds will be to provide a share of the down payment for the borrower’s LLC to acquire 8-acres of…
Recent Transaction – $835,400 Business Purpose Cash Out in Huntington Beach, CA Real Estate Investor Borrower was seeking a Business Purpose Cash-out 2nd Trust Deed on her beautiful owner-occupied property on Gilbert Island in Huntington Harbour. Purpose of the loan proceeds was to acquire 8 acres of fully entitled and permitted land in Indio, CA…
Recent Transaction – $256,750 Business Purpose Cash Out in Los Angeles Borrower was seeking a Business Purpose Cash-Out Refi to refinance the existing first TD and make improvements to this non-owner occupied property. Borrower and co-borrower are both employed with steady work histories having been at their jobs for over 10 years, respectively. Subject property…
Recent Transaction – $900,000 Business Purpose Cash Out, Newport Beach, CA Real estate investor and business owner was seeking a Business Purpose Cash-Out of this non-owner occupied investment property to invest back into his custom modular tent business, Creative Tent International. Property is currently owned free and clear. With projects in more than 60 countries,…
Recent Transaction – $260,650 Business Purpose Purchase, Santa Ana, CA Previous successful Mortgage Vintage borrower and experienced fix and flip professional was seeking a business purpose 1st Trust Deed to purchase this HUD owned Santa Ana property. Borrower owns multiple investment properties in and around Santa Ana in Orange County. Subject Property is a single-story,…
Recent Transaction – $200,000 Business Purpose Cash Out, Corona, CA High FICO score borrower and real estate investor was seeking a business purpose cash-out 1st Trust Deed on this property located in Corona. Funds will be used to complete construction of the property. The property promises to be an ideal starter home due to its…
Recent Transaction – $383,500 Business Purpose Cash Out, Oceanside, CA Real Estate Investor and business owner was seeking a cash-out 1st Trust Deed on this free-and-clear Oceanside, CA duplex to make improvements to both units that will in turn allow him to attract market rents. Property owner will also use a portion of the loan…
Recent Transaction – $308,000 Business Purpose Cash Out, Monterey Park, CA Real Estate investor was seeking a business purpose cash-out 2nd TD on this non-owner occupied property to use for real estate investments. Purpose of the loan proceeds was to acquire 8 acres of fully entitled and permitted land in Indio, CA to build a…
Recent Transaction – $200,000 Business Purpose Purchase, Santa Ana CA Previous successful Mortgage Vintage borrower and experienced fix and flip professional was seeking a business purpose 1st Trust Deed to purchase these 2 properties in Santa Ana. Borrower is a successful home builder and Realtor in Santa Ana and owns multiple investment properties in Orange County.…