Closed! Hard Money Loan in Perris: $2,084,800 @ 16.00%, 1st TD, Land, Cash-Out Refi, 25.00% LTV
Successful Mortgage Vintage Borrower, business owner, and real estate investor (Fairbrook Communities, LLC) sought a Blanket 1st Trust Deed loan to pay off an existing 1st Trust Deed and provide capital to finish entitlements for two well-located sites of undeveloped land in Perris in Riverside County. The multi-family development entitlements for both properties should be…
