Closed! Hard Money ADU Loan in Los Angeles: $600,000 @ 12.00%, 2nd TD, Cash-Out, Duplex, 61.52% CLTV
Real estate investor sought a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. 100% of the funds from our loan proceeds will be put into Funds Control to reconfigure the existing Duplex and add 2 new fully permitted ADU units in the back of this subject property. Exit…