Closed! Hard Money Loan in Los Angeles: $310,000 @ 13.50%, 1st TD, Cash-Out, Commercial, 48.44% LTV
Real Estate Investor and successful business owner sought a business purpose cash-out 1st TD on this ‘free and clear,’ non-owner-occupied investment mixed-use property in Los Angeles, CA. The subject property is comprised of two side-by-side parcels and is leased out to a cosmetic automotive car detail and improvement shop for a total of $4,500/mo. A clean…