Recently Funded Hard Money Loan in Riverside: $100,000 @ 6.50%, 1st TD, SFR, Cash-Out, 17.27% LTV
Long time successful real estate investor and business owner sought a cash-out 1st TD on this Riverside home to use as a down payment for the purchase of another investment property in Corona. All proceeds from this loan will be going straight to escrow for the purchase of the Corona property. Borrower is going to Fix…