Recently Funded Hard Money Commercial Purchase in Fullerton: $1,946,700 @ 10.50%, 1st TD, 64.93% LTV
Very successful real estate investor and business owner of 45 years sougth a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. In addition to our loan, borrower is bringing in $1,290,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $1,051,250. The…