Recently Funded Hard Money Loan – Los Angeles: $564,000, 2nd TD, 58.52% CLTV, 10.50% Lender
Long time business owner was seeking a cash-out 2nd TD on this beautiful Westchester SFR in Los Angeles to payoff an existing 2nd & 3rd and cash-out for his business. Borrower owns a successful landscape company specializing in design, maintenance and construction: http://brownlandscapeco.com/. The loan proceeds from our MVI loan will be invested back into…