Done Deal! Hard Money Loan in Rancho Santa Fe: $2,500,000 @ 14.50%, 2nd TD, Cash-Out, SFR, 54.15% CLTV
Long-time successful CEO business owners and real estate investors sought a 2nd TD on this non-owner-occupied, fully renovated modern ranch styled SFR property. Borrowers residents of exclusive private beach community, “Three Arch Bay” Laguna Beach, bought subject property to renovate and sell for profit. Subject property is a single story SFR with 4,792 SF living…