Done Deal! Hard Money Loan in Newport Beach: $500,000 @ 10.50%, 2nd TD, Cash-Out, Single Family Residence, 55.51% CLTV

Brokers, Newport beach, Recent Transactions

Successful real estate investor and business owner sought a $500,000 business purpose 2nd Trust Deed loan on this non-owner occupied SFR investment property in Newport Beach, CA. The borrower is the Founder and CEO of Ducere Global Business School and will be using the loan proceeds for working capital and business expansion. Ducere currently has offices in the…