Recently Funded Hard Money Loan- Rosamond, CA, $285,000 1st TD, 60% LTV, 9.75% Lender Rate

Business owner was seeking a 1st TD to purchase a mixed-use commercial property in Rosamond, CA in Kern County.  Borrower planed to expand his business into this property which sits right next to the entrance of the Willow Springs International Raceway. The subject property is a 5,782 SF mixed use commercial property with residential and…