Daily Archives: April 7, 2022

Closed! Hard Money Loan in Alpine: $1,030,750 @ 12.00%, 1st TD, Cash-Out, SFR, 66.50% LTV

Alpine, Brokers, Recent TransactionsBy Sandy MV April 7, 2022

Very experienced real estate developer, general contractor and investor sought a 1st TD construction loan on this “Build and Sell” contemporary, SFR investment property in Alpine, San Diego County, CA. The purpose of this loan is to pay off a small and in good standing $126K 1st TD and 100% of the balance of this…

Done Deal! Hard Money Fix and Flip in Joshua Tree: $284,000

Brokers, Joshua Tree, Recent TransactionsBy Sandy MV April 7, 2022

Successful real estate investors/flippers and borrowers sought a 1st TD to purchase this SFR investment property in Joshua Tree, CA. The rehab budget of $60,000 will all be put into funds control – $12,000 of which is the borrowers’ personal ‘skin in the game.’ The borrowers plans to do a complete rehab the property –…