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

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…