Done Deal! Hard Money Loan in Newport Beach: $1,225,000 @ 11.00%, 2nd TD, Cash-Out – Refinance, 2-4 Units, 58.01% CLTV
Brief Overview Borrowers and business owners sought a $1,225,000 business purpose 2nd Trust Deed cash out refinance loan on this owner and non-owner occupied Duplex investment property on Balboa Island, Newport Beach, Orange County, CA that is very well located a few blocks from bayfront beaches. The borrowers will be using the loan proceeds to…