Recently Funded Hard Money Loan in Carson: $55,000 2nd TD, 68.36% CLTV, Cash-Out, 10.00% Lender Rate

Successful Mortgage Vintage borrower and real estate investor sought a business purpose cash-out 2nd TD on this investment property. The funds from our loan will be used to make improvements on another investment property borrower owns in Carson, Los Angeles County, CA. Exit strategy is a conventional refinance of either this property or one of…