Recently Funded Hard Money Loan – Perris: $130,000, 1st TD, 44.07% LTV, 8.00% Lender Rate

Real Estate Investor and Rehabber was looking for a business purpose cash-out to payoff current maturing 1st TD. Subject Property is a Single Family Manufactured Home built in 1998 with 3 bedrooms, 2 full baths and 1,512 square feet of living space. Manufactured Home has permanent foundation permit (Form 433A) and is sitting on a…