Closed! Commercial Purchase in San Bernardino: $1,118,600 1st TD @9.50%, Mutli-Family, 70.00% LTV

Experienced real estate investor sought a 1st TD to purchase this 19-unit multi-family investment property in San Bernardino, San Bernardino County, CA.  The borrower currently owns and operates a 4 unit, multi-family investment property and is acquiring this subject property to expand borrower’s real estate investment portfolio. The subject property is a gated, two story,…