Recently Funded Hard Money Loan – Bell Gardens: $75,000, 2nd TD, 69.23% CLTV, 11.00% Lender Rate
Borrower and real estate investor was seeking a cash-out 2nd TD on this non-owner occupied 3-unit investment property in LA County. Proceeds from this loan were used to make improvements to the same property. The subject is a traditional style 3-unit property situated on a large 12,281 SF lot in Bell Gardens, CA. The property itself…
