Done Deal! Hard Money Loan 2nd TD $50,000 Riverside, CA – Mortgage Vintage

Business owner and real estate investor is sought a cash-out 2nd TD of this owner occupied SFR in Riverside County.  Borrower plans to use the loan proceeds to invest into the borrower’s body lotion and soap business, Organic Heaven. Our subject property is a beautiful custom built two-story SFR located in Riverside and sits on a…

Done Deal! Hard Money Loan 1st TD $1,440,000 Costa Mesa, CA – Mortgage Vintage

Current MVI borrower and real estate investor developer is sought a business purpose refinance 1st TD on this residential lot in the Newport Heights neighborhood of Eastside Costa Mesa, Orange County.  Funds from our loan will be used to consolidate and payoff an existing 1st TD and 2nd TD and provide funds controlled construction funds…

Done Deal! Hard Money Loan 1st TD $285,000 Perris, CA – Mortgage Vintage

Previous successful Mortgage Vintage borrower and real estate investor/General Contractor builders sought a business purpose construction loan 1st TD on this Perris, CA lot that was purchased in May, 2018.  Borrowers successfully acquired permits and entitlements to build this SFR.  Funds from our loan are being used to payoff an existing seller carry back lien…

Done Deal! Hard Money Loan 1st TD $100,000 Los Angeles, CA – Mortgage Vintage

Real estate investor sought a business purpose cash-out 1st TD on this non-owner occupied investment property in Los Angeles, CA in Los Angeles County.  Funds from our loan will be used to payoff an existing 1st and additional cash-out to make minor improvements to the subject property.   The subject property is 1,115 SF contemporary…

Done Deal! Hard Money Loan 1st TD $150,000 Sacramento, CA – Mortgage Vintage

Borrower is an experienced real estate investor who sought a business purpose 1st TD to purchase this SFR in Sacramento.  The borrower currently makes $5,000 monthly from Airbnb rentals and the estimated rental income for the subject property is $1,710/month, which will more than cover the monthly mortgage payment.  The Purchase Price of the property…