Recently Funded Hard Money Commercial Loan in Palm Springs: $2,500,000 @ 13.50%, 1st TD, Cash-Out, 29.412% LTV

22 + years as successful real estate investors sought a refinance + 100% Funds Control 1st Trust Deed on this commercial investment property in Palm Springs, Riverside County, CA.  The purpose of this loan is for the current building owners to pay off an existing, current and in good standing $796K 1st TD and the balance of…

Recent Hard Money Purchase in Twentynine Palms: $120,000 @ 10.00%, 1st TD, Cash-Out, 75.00% LTV

Successful, previous Mortgage Vintage borrower and experienced “fix & flip” and “fix & rent” real estate investor sought a 1st TD Purchase Loan on this non-owner occupied, SFR investment property in Twentynine Palms, San Bernardino County, CA. Borrower is bringing in $37,500K “skin in the game” cash to close plus investing additional personal funds and…

Done Deal! Hard Money Loan in Los Angeles: $200,000 @ 10.50%, 2nd TD, Cash-Out, Multi-Family, 58.70% CLTV

Successful business owner and real estate investor sought a small 200K 2nd Trust Deed business purpose cash out loan on this Fourplex (4 Unit) investment property near the “Beverlywood” neighborhood of Los Angeles, Los Angeles County, CA. The purpose of this loan is to pay off a current and in good standing 100K HELOC and the…

Closed! Hard Money Loan in Bakersfield: $900,000 @ 10.50%, 1st TD, Refi, Cash-Out, SFR, 60.00% LTV

Very successful real estate investor and multiple businesses owner sought a 1st TD straight rate and term refinance on this non-owner occupied SFR investment property in Bakersfield, Kern County, CA. In addition to this investment property, borrower wholly owns $18M in market value in Schedule of RE portfolio with $10M Net Equity throughout Kern County,…

Recent Transaction in Huntington Beach: $125,000 @ 10.50%, 2nd TD, Cash-Out, SFR, 47.98% CLTV

Borrowers sought a small 125K 2nd Trust Deed business purpose cash out loan on this owner-occupied SFR in Huntington Beach, Orange County, CA. Loan proceeds will be used to finance expanding sales and marketing activities for borrowers’ wholesale building products business that services local small to medium sized developers. The borrowers $498K 1st TD is a…

Done Deal! Hard Money Loan in Woodland Hills: $127,500 @ 11.50, 2nd TD, Cash-Out, SFR, 65.00% CLTV

Longtime successful real estate investor and business owner sought a business purpose cash-out 2nd TD on this non-owner occupied 2-Unit in Woodland Hills, Los Angeles County, CA. Proceeds from our 2nd position loan will be used to expand his business, Homepro Remodeling and Construction, Inc. The property is comprised of a single family residence with…

Closed! Hard Money Bridge Loan in Costa Mesa: $120,000 @ 10.50%, 2nd TD, Condo, Cash-Out, 47.58% CLTV

Borrower sought a $120K 2nd Trust Deed bridge loan on this owner-occupied Condominium in Costa Mesa, Orange County, CA. The purpose of this loan is minor remodeling/updating to subject property (paint, carpet, modern fixtures); the property is currently listed for sale at $680k. The borrower’s small $194K 1st TD is a VA loan, 30 year @…

Recently Funded Hard Money Blanket Loan in Temecula, Riverside, and Montebello: $405,550 @ 13.00%, 2nd TD, Cash-Out, SFR, 69.43% CLTV

Successful repeat MVI borrower, 40+ years experienced real estate owner, general contractor and fix & flipper sought a Blanket business purpose cash-out 2nd TD on two SFRs investment properties in Temecula, Riverside County and Pico Rivera, Los Angeles County CA; blanket also includes a 3rd TD on borrower’s primary owner-occupied SFR in Montebello, Los Angeles, CA. All…

Closed! Hard Money Cannabis Loan in Rialto: $357,000 @ 14.50%, 1st TD, Land, Cash-Out, 35.00% LTV

Successful real estate investor and experienced business owner sought a 1st TD business purpose cash out refinance on this agricultural investment property in Hayfork, Trinity County, CA. Our loan was used to pay off a current, existing $190,000 1st that is in good standing. The remaining loan proceeds will be used to expand the cannabis grow…