Closed! Hard Money Loan in Palm Desert: $737,000 @ 10.50%, 1st TD, Commercial, Cash-Out, 55.00% LTV
Very successful borrower who is the Owner and Founder of “Vista Paint” https://www.vistapaint.com/ and experienced real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied commercial investment building just 2 blocks from world-famous El Paseo shopping…