Recently Funded Hard Money Loan – Bell Gardens: $416,000.00, 1st, LTV: 65.00%, Lender Rate: 10.00%

Real estate investor and business owner sought a business purpose loan to purchase this investment property in Los Angeles County for $640K. The subject is comprised of two SFRs. Unit 6811 is 2bd/1 bath and 1,060 sf. This unit is currently gutted with an estimated cost of $80K to renovate. The rear unit 6809 is…