Recently Funded Hard Money Loan – Bermuda Dunes: $300,000, 2nd TD, 61.89% CLTV, 10.75% Lender Rate
Real estate investor borrower was seeking a business purpose 2nd TD to payoff an existing 2nd mortgage and cash-out to invest in real estate. The subject property is a ranch style home in Bermuda Dunes in Riverside County. The home is 5,067 SF with 10 total rooms and 6 BR/5 BA with a 3-car attached…