Closed! Hard Money Loan in Sacramento: $80,000 @ 11.75%, 2nd TD, Cash-Out, SFR, 52.20% LTV

Successful business consultant sought a small $80,000 2nd Trust Deed cash-out on this beautiful owner occupied SFR in Sacramento, CA. The loan proceeds will be put towards the borrower’s consulting business, which has an increase in customer base. She plans to hire help as well as purchase more marketing materials to maximize revenue. The borrower’s $242,000…