Recently Funded Hard Money Commercial Loan in Santa Ana: $183,000 @ 11.50%, 2nd TD, Cash-Out, 65.00% CLTV

A successful Mortgage Vintage Borrower and real estate investor sought a 2nd Trust Deed on this commercial mixed-use property located in Santa Ana, Orange County to invest into the purchase of another investment property.  Borrowers own several other properties on the same “Main Street” in Santa Ana, CA. The subject property is a newly renovated two…