Real estate investor was seeking a cash-out 2nd TD on this non-owner occupied SFR in Los Angeles. Proceeds from this loan were used to secure real estate investment opportunities Subject property is a single-story SFR situated on a 3,554 sqft lot in the Van Ness neighborhood of LA. The subject was built in 1926 and…
Business owner was seeking a cash-out 1st TD on this owner occupied SFR in Los Angeles County. Proceeds from this loan were to be used to invest back into the borrower’s mobile mechanic business, Mireles Mobile Mechanic Service. Borrower has owned this business for 24 years. Subject property is a single-story SFR situated on a…
Real Estate Investor and previous successful MVI borrower was seeking a cash-out 2nd TD to complete repairs and updates to this 5-unit LA property. The subject property consists of 4-detached structures of 3,334 s.f., 5-unit apartment complex building constructed in 1924 & a non-permitted unit made of a garage conversion. Subject is in the Eagle…