Recently Funded Hard Money Loan in San Francisco: $239,500 @ 11.50%, 2nd TD, Cash-Out, SFR, 65.00% CLTV
Longtime successful real estate investor sought a business purpose cash-out 2nd TD on this non-owner occupied SFR in San Francisco, CA. Proceeds from our 2nd position loan will be used to do normal ‘wear and tear’ improvements on all his investment properties so that he can maximize rental income. The borrower has a total of…