Done Deal! Purchase in Moreno Valley: $1,050,000 @ 12.00%, 1st TD, Land, 60.00% LTV
Successful MVI Borrowers and Real Estate Developers sought a 1st TD to purchase this prime multi-family land in the heart of Moreno Valley, Riverside County, CA with proposed improvements to develop the land into a Multi-Family residential development. Borrowers have contributed to and secured $2.2 Million in Equity for this project and have an initial…