Daily Archives: December 22, 2021

Closed! Hard Money Loan in Murrieta: $190,000 @ 7.00%, 1st TD, Cash-Out, 30.10% LTV, SFR

Brokers, Murrieta, Recent Transactions, UncategorizedBy Sandy MV December 22, 2021

Successful dog training and breeding owners sought a business purpose cash-out 1st TD on this owner occupied SFR in Murrieta, Riverside County. Proceeds from the loan will be used to help expand their business by building a much larger area for the dogs and equipment as well as upgrading all of the current equipment tools…

Recent Transaction in Downey: $416,000 @ 6.50, 1st TD, Cash-Out, SFR, 48.94% LTV

Brokers, Downey, Recent TransactionsBy Sandy MV December 22, 2021

Successful real estate professionals and borrowers sought a cash-out 1st TD on this non-owner occupied property in Downey, CA. Loan proceeds will be used to purchase a new home in Tennessee. The subject property is a single-story, ranch style SFR sitting on a 5,815 sqft lot in a well established neighborhood in Downey, CA. The…