Closed! Hard Money Purchase in Adelanto: $456,000 @ 14.50%, 1st TD, Land, 15.00% LTV

Successful, repeat Mortgage Vintage borrower and business owner, operator and real estate owner of “Stay Elevated LA” cannabis brand and existing cultivation center in Van Nuys, Los Angeles sought a 1st Trust Deed business purpose cash out loan on this entitled land in Adelanto, San Bernardino County, CA. Borrower’s “skin in the game” to date on…