Done Deal! Hard Money Commercial Loan in Palm Desert: $1,034,000 @ 10.50%, 1st TD, Cash-Out, 55.00% LTV

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”, fully occupied commercial investment building. Subject sits just 1 block from the world-famous El Paseo shopping district in Palm Desert. Borrower owns many “free and…

Recent Hard Money Commercial Transaction in Cathedral City: $2,156,050 @ 12.00%, 1st TD, Cash-Out, 53.50% LTV

High net worth borrower to support ability to pay this loan. Personal Guarantee on Loan. Exit: refinance before maturity date of loan. Liquidating cash on this free and clear – no debt – commercial property to purchase additional real estate in area. Very successful borrower who is the Owner and Founder of “Vista Paint” https://www.vistapaint.com/…

Recently Funded Hard Money Land Loan in Moreno Valley: $2,000,000 @ 15.00%, 1st TD, Cash-Out, 25.32% CLTV

Successful MVI Borrowers and Real Estate Developers, https://fairbrook.com/company/, sought a 1st TD to refinance this prime multi-family land in the heart of Moreno Valley, Riverside County, CA with proposed improvements to develop the land into a Multi-Family residential development. The Borrowers acquired this property in 2021 and have since invested a total of $2.8 million…

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…

Done Deal! Hard Money Commercial Loan in Palm Desert: $745,500 @ 10.50%, 1st TD, Cash-Out, 55% 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…

Recently Funded Hard Money Loan in San Jose: $1,092,000 @ 10.00%, 1st TD, Cash-Out, Single Family Residence, 60.00% CLTV

Business Owner and Real Estate Investor sought a 1st TD cash-out refinance on this non-owner occupied investment property in San Jose, CA. Loan proceeds will be used for cosmetic upgrades to all three of the borrower’s properties as well as capital infusion into the borrower’s biopharmaceutical consulting business. The exit strategy is to refinance into…

Recently Funded Hard Money Loan in La Canada Flintridge: $150,000 @ 12.00%, 2nd TD, Cash-Out, SFR, 41.80% CLTV

Business owner sought a business purpose cash-out 2nd TD on this owner-occupied SFR in La Canada Flintridge, Los Angeles County, CA. All loan proceeds will be put into the borrower’s home ballet business, Caroline Broes Ballet, which has seen a big spike in demand. The borrower plans to upgrade the studio itself as well as…

Done Deal! Hard Money Loan in Perris: $174,000, 2nd TD, SFR, Cash-Out, 60.00% CLTV

Business owner, experienced licensed General Contractor of https://www.floresconstructioninc.com/ sought a business purpose cash-out 2nd TD on this owner-occupied SFR in the “Lake Matthews” neighborhood of Perris, Riverside County, CA. Proceeds from this loan will be used to complete a fix and flip SFR rehab property borrower owns in Yucaipa, CA. Exit strategy: sale of fix and…

Closed! Hard Money Commercial Loan in Palm Desert: $1,292,500 @ 10.50%, 1st TD, Cash-Out, 55% LTV

Owner-founder of “Vista Paint” https://www.vistapaint.com/ and 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 district Palm Desert, sits right on the primary traffic…

Closed! Hard Money Loan in Chula Vista: $380,000 @ 12.00%, 2nd TD, SFR, ADU, 51.66% CLTV

Borrowers and business owners sought a $380,000 2nd Trust Deed business purpose cash out loan on this owner occupied SFR property in Chula Vista, San Diego County, CA.  Borrowers own an established home improvement company servicing San Diego county. Funds from this loan will be used to invest in their business and $250K placed into Funds…

Done Deal! Hard Money Commercial Loan in Palm Desert: $1,083,500 @ 10.50%, 1st TD, Cash-Out, 55.00% LTV

Very successful, owner-founder of “Vista Paint” https://www.vistapaint.com/ and 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 district Palm Desert, right off the 111…

Recently Funded Hard Money Loan in Chula Vista: $226,000 @ 12.50%, 2nd TD, Commercial, Cash-Out, 46.67% CLTV

Business owner and real estate investor sought a small 2nd TD business purpose cash out loan on this 100% fully occupied, good condition, commercial office building in Chula Vista, San Diego County, CA. Property is well located in an office park next to an Amazon distribution center, Crunch Fitness and K1 Speedway in a commercial-residential neighborhood.…

Recently Funded Hard Money Loan in San Juan Capistrano: $400,000 @ 11.00%, 2nd TD, Cash-Out, Single Family Residence, 39.26% CLTV

Successful Mortgage Vintage borrower and long-time business owner sought a business purpose cash-out 2nd TD on this owner-occupied San Juan Capistrano SFR to refinance the existing 2nd and the cash-out funds will be used to invest back into his real estate finance business, Real Estate Finance & Consulting | Citation Capital Partners (citationcp.com) The subject…

Done Deal! Hard Money Loan in Corona Del Mar: $4,000,000 @ 9.75%, 1st TD, ADU, Cash-Out, Single Family Residence, 37.38%

Successful Mortgage Vintage borrower, CEO and long-time successful business owner (Burger Busters, Inc.), burgerbusters.com,  sought a cash-out business purpose 1st TD on this non-owner occupied property located in the exclusive Cameo Shores neighborhood in Corona Del Mar, CA.  BurgerBusters Inc. currently owns and operates 82 Taco Bell restaurants; including 74 free-standing Taco Bell restaurants, 5 Taco…

Recently Funded Hard Money Construction Loan in Riverside: $407,550 @ 13.50%, 1st TD, Cash-Out, Funds Control, 65.00% LTV

Successful repeat Mortgage Vintage Borrower with a 732 Fico score, sought this 1st TD to complete construction of a single family residence in the City of Riverside. Construction of the property is approximately 40% complete company and the loan proceeds will be used to complete the remaining 60% and pay off a current $67,500 purchase…

Closed! Hard Money Loan in Perris: $2,084,800 @ 16.00%, 1st TD, Land, Cash-Out Refi, 25.00% LTV

Successful Mortgage Vintage Borrower, business owner, and real estate investor (Fairbrook Communities, LLC) sought a Blanket 1st Trust Deed loan to pay off an existing 1st Trust Deed and provide capital to finish entitlements for two well-located sites of undeveloped land in Perris in Riverside County. The multi-family development entitlements for both properties should be…

Recently Funded Hard Money Loan in Los Angles: $286,000 @ 12.50%, 2nd TD, Single Family Residence, Cash-Out, 60.00% CLTV

Successful Mortgage Vintage Borrower sought $286,000 business purpose 2nd Trust Deed loan on this non-owner-occupied duplex in Los Angeles, CA.  The loan proceeds were used to payoff a current and in good standing 2nd TD that we currently hold and the rest of the proceeds will be used to make minor repairs to the property.…

Done Deal! Hard Money Loan in Fresno: $127,250 @ 13.00%, 2nd TD, SRF, Cash-Out, 57.44% CLTV

Real estate investor sought a business purpose cash-out 2nd TD on this non-owner-occupied SFR in Fresno, CA. Proceeds from our loan will be used for minor upgrades to one of borrower’s other investment properties. Borrower owns several SFR rental investment properties in Fresno. Exit strategy: sale of investment property. The subject property sits in a…

Recently Funded Hard Money Loan in San Francisco: $125,000 @ 13.00%, 2nd TD, Cash-Out, Condo, 59.60% CLTV

Business owner sought a business purpose cash-out 2nd TD on this owner occupied condo in San Francisco, CA. Proceeds from our loan will be used for marketing and improvements to his successful app, Gestureit, which enables CAD editing to be on your mobile device with much more ease. Exit strategy is a consolidation refinance in…

Recently Funded Construction Loan in Santa Ana: $190,000 @ 14.50%, 2nd TD, Cash-Out, SFR, ADU, Junior ADU, 55.62%CLTV

Successful Mortgage Vintage Borrower, developer, and real estate investor and his partner sought a new business purpose 2nd TD construction loan to complete the construction of the SFR with an ADU and Junior ADU.  The project is a permitted and entitled parcel in Santa Ana, CA .  This funds controlled construction loan will allow the…

Closed! Hard Money Loan in Los Angles for Multi-Family Property: $600,000 @ 13.00%, 2nd TD, Cash-Out, 58.74% CLTV

Very successful real estate investor who is 100% owner of a total of 8 investment properties throughout Los Angeles County sought a 2nd TD business purpose cash out loan on this newly built 13 Unit Apartment Building in Los Angeles, Los Angeles County, CA. The subject property is 100% fully occupied. Borrower purchased the property in…

Done Deal! Hard Money Loan in Rancho Santa Fe: $2,500,000 @ 14.50%, 2nd TD, Cash-Out, SFR, 54.15% CLTV

Long-time successful CEO business owners and real estate investors sought a 2nd TD on this non-owner-occupied, fully renovated modern ranch styled SFR property. Borrowers residents of exclusive private beach community, “Three Arch Bay” Laguna Beach, bought subject property to renovate and sell for profit. Subject property is a single story SFR with 4,792 SF living…

Closed! Hard Money Loan in Laguna Beach: $475,000 @ 12.50%, 2nd TD, Cash-Out, Single Family Residence, 44.60% CLTV

12/04/23: Investor Minimum Reduced to $23,750  Loan Amount Reduced and CLTV lowered to 44.60% and Net CLTV 43.27% @ a 12.50% Investor Rate  Borrower sought a $475K 2nd Trust Deed business purpose cash out loan on this owner occupied SFR property in desirable panoramic ocean view “Arch Beach Heights” neighborhood of Laguna Beach, Orange County, CA. …

Recently Funded Hard Money Loan in Canyon Lake: $100,000 @ 12.50%, 2nd TD, Cash-Out, Single Family Residence, 59.94% CLTV

Business owners sought a $100,000 2nd Trust Deed bridge loan on this owner-occupied single-family residence in Canyon Lake, Riverside County, CA.  The property is listed for sale and is currently in escrow. The loan proceeds will be used to make some repairs to the property requested by the buyer. The borrower’s 1st mortgage is with…

Recently Funded Hard Money Loan in Coronado: $378,750 @ 14.00%, 2nd TD, Cash-Out, Single Family Residence, 65.00% CLTV

Business owners sought a short term $378,750 business purpose 2nd Trust Deed loan on this non owner-occupied single-family residence in Coronado, San Diego County, CA.  Loan proceeds will be used for borrower’s business, Buffalo Ventures, which is a Venture Capital firm also based out of Coronado. The home has been used as a luxury short…

Done Deal! Hard Money Loan in Laguna Niguel: $445,000 @ 12.50%, 2nd TD, Cash-Out, Single Family Residence, 62.64% CLTV

Repeat successful MVI borrower, real estate investor and business owner sought a $445,000 2nd Trust Deed business purpose cash out loan on this owner occupied SFR investment property in panoramic ocean and mountain view neighborhood of “Niguel Summit” in Laguna Niguel, Orange County, CA.  The funds from this loan will be used to for down payment…

Closed! Hard Money Loan in Los Angeles: $365,000 @ 12.50%, 2nd TD, Cash-Out, Single Family Residence, 60.00% CLTV

Business owners sought a $365,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Los Angeles, Los Angeles County, CA.  Loan proceeds will be used for Borrower’s business, Powerfade Marketing, LLC (https://powerfademarketing.com).  A Powerfade P&L for 2023 is in the CTD Due Diligence File and shows a company Net Income of $405k.…