Recently Funded Hard Money Loan in Los Angeles: $460,000 @ 12.50%, 2nd TD, Cash-Out, 2-4 Units, 62.13% CLTV
Successful Mortgage Vintage Borrower and Real estate investor is seeking a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. $430k of the funds from our loan will be put into Funds Control to construct 2 fully permitted ADU units in the back of this subject property. Exit strategy…
