Recently Funded Hard Money Purchase in Los Angeles: $345,000 @ 9.00% Lender Rate, 1st TD, Duplex, 75.00% CLTV

Group of experienced real estate investors sought a 1st TD loan to purchase this non-owner occupied, Duplex, investment property in Los Angeles, CA.  Borrowers are putting down $115k personal funds “skin in the game” towards the purchase of this investment property. This group of investors have flipped several properties in the greater Los Angeles area…

Done Deal! Hard Money Purchase in Paradise: $325,500 @ 9.50% Lender Rate, 1st TD, 70.00% LTV

Borrowers sought a 1st TD loan to purchase this non-owner occupied, SFR rental investment property in Paradise, Solano County, CA.  Borrowers are putting down $148k personal funds “skin in the game” towards the purchase of this investment property. Exit strategy is a conventional refinance. The subject property is a contemporary styled, one story SFR with…