Daily Archives: October 4, 2018

Recently Funded Hard Money Loan – Los Angeles: $210,000, 1st TD, 17.50% LTV, 7.25% Lender Rate

Brokers, Recent Transactions, TempletonBy Sandy MV October 4, 2018

Real estate investor and long time business owner was seeking a cash-out 1st TD on this beautiful San Luis Obispo property to invest back into his contractors’ business. The subject property is a farmhouse style 2-story SFR with 9 total rooms, 3 bedrooms / 2.5 baths and is situated on 35 wooded acres. The home…

Recently Funded Hard Money Loan – Los Angeles: $125,000, 1st TD, 15.15% LTV, 6.75% Lender Rate

Brokers, Los Angeles, Recent TransactionsBy Sandy MV October 4, 2018

Real estate investor and 30-year FedEx employee was seeking a cash-out 1st TD on this LA non-owner occupied investment property to make improvements and updates to the same property. Property is a 2-story, 3 bedroom / 1.5 bath SFR located in Leimert Park neighborhood of Los Angeles. The property measures 1,671 sf of gross living…