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.…

Recent Hard Money Transaction in Indio: $603,850 @ 11.00%, 1st TD, REFI, Single Family Residence, 65.00% LTV

Successful real investor sought a 1st TD business purpose rate and term refinance loan on these two non-owner occupied rental properties in Indio, Riverside County, CA.  Funds from our loan will be used to pay off a maturing current 1st TD. The subject property consists of two SFRs with 4,053 SF of rentable living space…

Closed! Hard Money Loan in Woodland Hills: $100,000 @ 13.50%, 2nd TD, Cash-Out, Single Family Residence, 51.90% CLTV

Borrower sought a small $100K 2nd Trust Deed business purpose cash out loan on this owner occupied SFR investment property in Woodland Hills, Los Angeles County, CA.  The funds from this loan will be invested into expanding the borrower’s chiropractic business. The borrower’s 1st mortgage has a principal balance of $598,000 with a fixed interest rate…

Recently Funded Hard Money Loan in Corona Del Mar: $170,000 @ 11.00%, 2nd TD, Cash-Out, Single Family Residence, 65.90% CLTV

Borrowers sought a $170,000 business purpose 2nd Trust Deed loan on this non-owner-occupied single-family residence in Corona Del Mar, Orange County, CA.  The loan proceeds will be used to make some upgrades to the property. The borrower’s 1st mortgage is with 5th Street Capital and has a principal balance of $2,466,199 with a fixed interest…

Done Deal! Hard Money Commercial Purchase in North Hollywood: $604,500 @ 12.00%, 1st TD, 65.00% LTV

Successful business owner sought a 1st Trust Deed to purchase this owner-occupied, commercial property in North Hollywood, Los Angeles, CA. In addition to our loan, borrower is bringing in $374,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $325,500. The rehab is expected to take about 45…

Done Deal! Hard Money Loan in Santa Ana: $355,000 @ 10.00%, 1st TD, Cash-Out REFI , Single Family Residence, 40.34% LTV

Previous successful Mortgage Vintage borrower and experienced real estate investor sought a business purpose 1st Trust Deed on this investment property in Santa Ana. Borrower owns multiple multi-family investment properties in and around Santa Ana in Orange County. Subject Property is a single-story, 4 BR / 2 BA bungalow style SFR in Santa Ana, CA.  The…

Closed! Hard Money Loan in Palmdale: $75,000 @ 12.00%, 2nd TD, Cash-Out, Single Family Residence, 59.85% CLTV

Borrower sought a small $75K 2nd Trust Deed business purpose loan on this SFR, non owner-occupied investment property in Palmdale, Los Angeles, CA.  The SFR is currently listed for sale. Funds from this loan will be used on modernized fixtures and landscaping to draw in higher offers. Exit Strategy: Sale of Property. The borrower’s 1st mortgage…

Recent Hard Money Transaction in Perris: $325,000 @ 12.00%, 1st TD, Cash-Out, Funds Control, Single Family Residence, 48.15% LTV

Borrowers/realtor sought a 1st TD business purpose cash out loan to remodel this “free and clear”, non-owner-occupied investment SFR property in Perris, Riverside County, CA. Funds will be placed into Funds Control to fully remodel this SFR; project managed by a licensed General Contractor. Exit strategy: conventional refinance once complete. The subject property is a single…

Recently Funded Hard Money Loan in Santa Ana: $80,500 @ 12.50%, 2nd TD, Cash-Out, Single Family Residence, 59.38% CLTV

Borrower sought a small $80,500 2nd Trust Deed business purpose cash out loan on this non-owner occupied SFR rental investment property in Santa Ana, Orange County, CA. The use of funds is for cosmetic upgrades to interior and exterior of subject property. The borrower’s current, and in good standing, 1st mortgage has a principal balance of $448,000…

Recently Funded Hard Money Blanket Loan in Costa Mesa and Palm Desert: $423,000 @ 8.50%, 1st TD, Cash-Out, SFR and Condo, 24.96% LTV

Repeat Mortgage Vintage Inc. through “CrowdTrustDeed” borrower, very successful Southern California realtor and real estate investor sought a 1st TD blanket cash out loan on these two “Free and Clear” non-owner occupied SFR + Condo investment properties. The Condo is in Costa Mesa, Orange County, CA and the SFR is located in the Palm Valley…

Closed! Hard Money Loan in Los Angeles: $780,000 @ 14.75%, 2nd TD, Cash-Out, Single Family Residence, 53.25% CLTV

Successful real estate investor and business owner sought a $990,000 2nd TD business purpose loan on this SFR investment rental property (AirBnB/VRBO) in Hollywood Hills, Los Angeles, CA. The purpose of this loan is to pay off an existing current and in good standing $200,000 2nd TD and the balance of funds will be used for minor…

Recently Funded Hard Money Construction Loan in Santa Ana: $525,000, 2nd TD, Cash-Out, Tri-Plex, 54.00% CLTV

Successful Mortgage Vintage borrower, real estate investor, and developer sought to finish the construction short term blanket 2nd TD on three non-owner occupied 3-unit investment properties in Orange County. Proceeds from the loan will be used to complete the construction of the 3 unit properties. 1513 W. Civic Center Dr.: is a 2,815 sf 3-unit property…

Closed! Hard Money Bridge Loan in Culver City and San Clemente: $275,000 @ 9.00%, 1st TD, Purchase, Single Family Residence, Condo, 15.33 LTV

Borrower sought a 1st TD cash-out bridge loan cross-collateralized on current primary residence ‘Free and Clear” Condo in Culver City, Los Angeles, CA and their future primary residence SFR in San Clemente Orange County, CA. The funds from our loan will be used towards purchasing the San Clemente subject property currently in escrow while they…

Closed! Hard Money Purchase in Santa Ana: $1,750,000 @ 10.50%, 1st TD, Commercial Building, 51.47% LTV

Real Estate Investor and business owner-user sought a business purpose loan to purchase this commercial industrial building.  Property will be owner-occupied by the borrower’s company which will operate a fully licensed cannabis cultivation and distribution business. This Santa Ana Green Zone Subject Property is a multi-tenant industrial building located in the Dyer Business Park within…

Recently Funded Hard Money Construction Loan in Dana Point: $1,171,500 @ 12.75%, 2nd TD, Cash-Out, Single Family Residence, 55.00% CLTV

Very experienced 25 years + as property developer-owner, licensed general contractor and real estate investor with own RE portfolio of rental investment properties sought a 2nd Trust Deed to pay off an existing, in good standing 250K equity line and the balance will be placed in Funds Control to complete final finishing build on this 3…

Closed! Hard Money Loan in Bakersfield: $236,000 @ 13.00%, 2nd TD, Cash-Out, Single Family Residence, 53.27% CLTV

Successful business owner sought a short-term business purpose cash-out 2nd TD on this beautiful custom owner-occupied residence in Bakersfield, CA. The borrower is an Almond Farmer and 100% of the loan proceeds will go towards upgrading the businesses equipment, irrigation, electricity, pumps, and harvest for this next grow. The exit strategy from our loan is…

Recently Funded Hard Money Loan in Newberry: $110,000 @ 11.00%, 1st TD, Cash-Out, Single Family Residence

Credit score borrower and real estate investor sought a business purpose cash-out 1st TD on this owner occupied SFR property in Newberry Springs, CA in San Bernardino County.  Funds from our loan will be used to fix up another investment property which a duplex located at 31411 Newberry Road, Newberry Springs, CA. Borrower owns at…

Closed! Hard Money Construction Loan in Spring Valley, San Diego: $495,000 @ 13.50%, 1st TD, Land, Cash-Out, 60.00% LTV

25 years + very experienced licensed general contractor, real estate investor and home developer throughout the San Diego County area sought a 1st Trust Deed to build an investment SFR in Spring Valley, San Diego County, CA; 13 miles east of downtown San Diego. As soon as complete, the borrower will sell property for profit and…

Done Deal! Hard Money Loan in Santa Ana: $325,000 @ 12.00%, 2nd TD, Cash-Out, Single Family Residence, 53.05% CLTV

Business owner sought this business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Santa Ana,Orange County, CA.  100% of the loan proceeds will be used to towards the borrower’s business, Harbor Sofas and Mattresses, to increase sales. Borrower states that he recently partnered with Wayfair to help expand his furniture business.  The…

Recently Funded Hard Money Loan in Costa Mesa; $230,000 @ 11.00%, 2nd TD, Cash-Out, Single Family Residence, 52.02% CLTV

Successful repeat Mortgage Vintage borrower and long-time successful business owner sought a rate/term refinance 2nd TD on this owner-occupied SFR in Costa Mesa, Orange County, CA. Mortgage Vintage originated the current 2nd TD loan for this borrower last year and it has since matured. This new loan will payoff our existing business purpose loan and…

Closed! Hard Money ADU Loan in Costa Mesa: $500,000 @ 11.75%, 2nd TD, Cash-Out, Single Family Residence, 64.00% CLTV

Experienced real estate investor, developer and successful Mortgage Vintage Fix and Flip borrower sought a 2nd TD business purpose cash-out on this SFR + 2 ADU’s investment property in Costa Mesa, CA.  Funds from our loan will be used to build a third ADU ($200k) and will be held in Funds Control and the remainder…

Recent Hard Money Transaction in Stevenson Ranch: $155,000 @ 13.50%, 2nd TD, Cash-Out, Condo, 60.13% CLTV

Business owner sought a $155,000 business purpose 2nd Trust Deed loan on this non-owner-occupied condo residence in Stevenson Ranch, Los Angeles County, CA.  The loan proceeds will be used towards the Borrower’s business, Digital Interiors (digitalinteriors.com), to purchase office equipment and software to improvement automation and revenue.  The parent company of Digital Interiors is B&W…

Done Deal! Hard Money Loan in Chino: $115,000 @ 12.00%, 2nd TD, Cash-Out, Single Family Residence, 60.01%

CEO/Owner of Metal Builders Group and real investor sought a small $115,000 business purpose 2nd Trust Deed loan on this owner-occupied SFR in Chino, San Bernardino County, CA.  The loan proceeds will be used on upgrades to borrower’s other commercial investment property in Los Angeles, CA. The borrower’s 1st mortgage has a principal balance of…

Recently Funded Hard Money Loan in Ojai: $775,000 @ 11.50%, 1st TD, Cash-Out, Single Family Residence, 37.80% LTV

Real estate investor sought a $775K 1st Trust Deed business purpose cash out loan on this “Free and Clear” (no existing debt) non-owner-occupied investment rental SFR property in Ojai, Ventura County, CA.  The purpose of this loan is to use funds to invest in other real estate investment rental properties to add to borrower’s existing Schedule…