Recently Funded Hard Money Loan in Los Angeles: $690,000 @ 6.00%, 1st TD, Multi-Family, 29.61% LTV, Cash-Out Refi
Successful real investor sought a 1st TD business purpose cash-out refinance loan on this 8 unit, non-owner occupied, apartment building in Los Angeles, Los Angeles County, CA. Funds from our loan will be used to pay off a small, current $140k 1st TD and the balance of the funds will be used for interior and…