Done Deal! Hard Money Loan in Los Angeles: $550,000 @ 10.00%, 1st TD, Duplex, Cash-Out, 55.00% LTV
Successful repeat MVI borrower and real estate investor seeking a business purpose 1st TD on this non-owner occupied, 3-unit in Los Angeles, CA. The funds from our loan will be used to refinance the subject property. The exit strategy is to do a conventional refinance within the next 24 months. The subject is a well…