Recent Transaction in Long Beach: $210,000 1st TD, Cash-Out, 6.75% Lender Rate, Multi-Family, 22.58% LTV
Real estate investor business owner and current Mortgage Vintage borrower sought a new business purpose cash-out 1st TD on this non-owner occupied 3-unit multi-family property in Long Beach in LA County. The borrowers current $100k loan that this loan is paying off is current and has performed perfectly. Funds from our loan will be used…