Recently Funded Hard Money Loan in Los Osos: $440,300 @ 11.50%, 1st TD, SFR, Cash-Out, 70.00% LTV
Successful real estate Investor and her Nephew, who is an employed Plumber, sought a business purpose cash-out refinance 1st TD on this non-owner occupied family legacy SFR in Los Osos, San Luis Obispo County, CA. Due to COVID, the tenants in the property fell behind on rent payments which in turn had the same effect…