Recently Funded Hard Money Construction Loan in Chula Vista: $1,065,000 @ 11.00%, 1st TD, Land, 62.65% LTV

Brokers, Chula Vista, Recent Transactions

Very successful and experienced real estate investor of 20 + years, developer and President-Owner of privately held real estate acquisition, redevelopment and investment management company sought a 1st Trust Deed to build two SFRs on these two adjacent land parcels in Chula Vista, San Diego County, CA. Borrower had invested $520,000 “skin in the game” to…

Done Deal! Hard Money ADU Construction Loan in Los Angeles: $435,000 @ 12.25%, Duplex, 64.20% CLTV

Brokers, Los Angeles, Recent Transactions

Borrower is an Attorney and Partner at AALRR law firm in Pasadena, CA Borrower earns estimated $289K annual income from law practice. Borrower also had approx. $489K liquid assets which include $354K in retirement accounts. Borrower projects $34,800 monthly rental income from this sought after “Mid-Wilshire” location Four-Plex investment property when Two ADUs expansion completed.…