Recently Funded Hard Money Loan – Riverside: $700,000, 1st TD, 20.29% LTV, 14.00% Lender
Experienced Real Estate Investor that has developed over 10 Mil. s.f. and his family business was seeking this business purpose blanket loan to finance three parcels of land in Riverside for Multi-Family Development. The first parcel (Pinebrook – 28 Units) is a 1st TD purchase with full entitlements and permits in place. The developer has…