Previous successful Mortgage Vintage borrower and experienced real estate investor sought a business purpose 1st Trust Deed on this investment property in Santa Ana. Borrower owns multiple multi-family investment properties in and around Santa Ana in Orange County. Subject Property is a single-story, 4 BR / 2 BA bungalow style SFR in Santa Ana, CA. The…
Borrower sought a small $75K 2nd Trust Deed business purpose loan on this SFR, non owner-occupied investment property in Palmdale, Los Angeles, CA. The SFR is currently listed for sale. Funds from this loan will be used on modernized fixtures and landscaping to draw in higher offers. Exit Strategy: Sale of Property. The borrower’s 1st mortgage…
Borrowers/realtor sought a 1st TD business purpose cash out loan to remodel this “free and clear”, non-owner-occupied investment SFR property in Perris, Riverside County, CA. Funds will be placed into Funds Control to fully remodel this SFR; project managed by a licensed General Contractor. Exit strategy: conventional refinance once complete. The subject property is a single…