Done Deal! Hard Money Construction Loan in Indio for $1,800,000 @ 10.75%, 1st TD, 60.00% LTV
Owners/operators of a Construction & Development company are sought a business purpose 1st TD loan on these 3 Commercial buildings in Indio, CA. Borrowers are currently underway converting these Commercial buildings into to a single-tenant private Charter school. Funds from our loan will be used to pay off the existing $1,150,000k purchase loan on the…