3 A.M. Wakeup

Trust Deed Investments and the secured, equity protected, non-correlated monthly cash flow should create peaceful and blissful sleep filled nights. Sometimes, however, I wake up at 3 in the morning wondering about this hard money lending business and our loan originations. Usually, these sleepless encounters result from an upcoming decision or circumstance that causes angst. …

Closed! Construction Loan in Costa Mesa for $2,958,000 1st TD, 58.00% LTV, Lender Rate 8.50%

Experienced real estate investor, developer and existing Mortgage Vintage borrower sought a Blanket 1st TD on these two SFR investment properties in in Costa Mesa, CA.  Funds from our loan will be used to pay-off higher interest rate TD’s on subject properties and provide cash-out to finish construction.  We will be paying off a $2.3…