Closed! Hard Money Loan in Palm Desert: $775,000 @ 12.50@, 1st TD, Commercial, LTV 25.49%
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 improved 1.61-Acre Commercial Zoned Lot operating as a RV dealership with…