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,…