Successful business owner and real estate investor sought a 1st Trust Deed to refinance an existing, current and in good standing $1.1M 1st TD and 100% balance of the funds will be placed into Funds Control to complete permanent renovation property improvements on this commercial-industrial building in Long Beach, Los Angeles, CA. Borrower’s total personal “skin in…
Real estate investor sought a business purpose cash-out refinance on this SFR & AG investment property in Mendocino County, CA. The purpose of this loan is to pay-off an existing, current and in good standing small 130K 1st TD; the balance of funds will be applied towards minor property improvements. Exit strategy: refinance. The subject property…
Successful business owner and real estate investor sought a business purpose cash out 2nd TD on this owner occupied SFR in Dublin, Alameda County, CA. Borrower’s current and in good standing on his conventional 1st TD. The balance is at $1,487,000 and has an interest rate of 3.99%. Funds from our loan will be used…
Business owner and real estate investor sought a cash-out 2nd TD of this non-owner occupied two unit residential property in Orange County. Proceeds from this loan will be used to complete work at the property. Our subject property is recorded with the County as a Single Family Residence. However, the property has been divided into a…
Business owner and real estate investor sought a new business purpose cash-out 1st TD on this non-owner occupied investment property in Atwater, CA in Merced County. Funds from our loan will be used to invest into the Borrower’s restaurant (Tequila Restaurant) as well as for making improvements to the same property. Borrower’s Restaurant was impacted…