Closed! Hard Money Loan in Los Angeles: $780,000 @ 14.75%, 2nd TD, Cash-Out, Single Family Residence, 53.25% CLTV
Successful real estate investor and business owner sought a $990,000 2nd TD business purpose loan on this SFR investment rental property (AirBnB/VRBO) in Hollywood Hills, Los Angeles, CA. The purpose of this loan is to pay off an existing current and in good standing $200,000 2nd TD and the balance of funds will be used for minor…