Done Deal! Hard Money Loan in Hayward: $495,000 @ 10.50%, 2nd TD, Cash-Out, Multi-Family, 46.59%
The purpose of this loan is to finish the build of 3 new ADU units on subject property, increasing its size from a 4 Unit to a 7 Unit residential rental property. Mortgage Vintage had an independent 3rd party conduct a Construction Feasibility Report that confirmed the Funds Control from this loan will complete the ADU…