Recently Funded Hard Money Loan – Corona: $220,000 1st TD, 40.00% LTV ARV, 9.50% Lender Rate
Real estate investor and previous successful Mortgage Vintage borrower sought a business purpose 1st TD to payoff an existing 1st TD and cash-out to complete the rehab of this SFR in Corona, CA in Riverside County. The exit strategy from our loan is the sale of the property. At completion of the rehab, the subject…