Recently Funded Hard Money Loan – Lancaster: $1,000,000, 1st, LTV: 40.82%, Lender Rate: 12.00%

723 credit score borrower, real estate investor and business owner sought a 1st TD to purchase this commercial property in Lancaster, CA in Los Angeles County.  Property is currently rented to a long-time tenant since May 1, 2008.  Tenant signed a new 10-year NNN lease that began on May 1, 2016 and runs thru April…