Daily Archives: November 29, 2023

Recent Hard Money Transaction in Indio: $603,850 @ 11.00%

Brokers, Indio, Recent TransactionsBy Sandy MV November 29, 2023

Successful real investor sought a 1st TD business purpose rate and term refinance loan on these two non-owner occupied rental properties in Indio, Riverside County, CA. Funds from our loan will be used to pay off a maturing current 1st TD. The subject property consists of two SFRs with 4,053 SF of rentable living space…

Closed! Hard Money Loan in Woodland Hills: $100,000 @ 13.50%

Brokers, Recent Transactions, Woodland HillsBy Sandy MV November 29, 2023

Borrower sought a small $100K 2nd Trust Deed business purpose cash out loan on this owner occupied SFR investment property in Woodland Hills, Los Angeles County, CA. The funds from this loan will be invested into expanding the borrower’s chiropractic business. The borrower’s 1st mortgage has a principal balance of $598,000 with a fixed interest rate…