Successful Mortgage Vintage borrower and real estate investor sought a business purpose cash-out 2nd TD on this investment property. The funds from our loan will be used to make improvements on another investment property borrower owns in Carson, Los Angeles County, CA. Exit strategy is a conventional refinance of either this property or one of…
Experienced real estate investor sought a 1st TD to purchase this 19-unit multi-family investment property in San Bernardino, San Bernardino County, CA. The borrower currently owns and operates a 4 unit, multi-family investment property and is acquiring this subject property to expand borrower’s real estate investment portfolio. The subject property is a gated, two story,…
Real estate investor and experienced Fix & Flip designer sought a business purpose loan to purchase this prime fix & flip opportunity in Redondo Beach, Los Angeles, CA. The subject property is a 3-bedroom/2-bathroom SFR located in Redondo Beach’s highly desirable beach city neighborhood. The 1,615 SF home sits on a 2,501 SF lot with…
Real estate investor borrower sought a 1st TD loan for this non-owner occupied SFR investment property in Valley Center, San Diego County, CA. Funds from our loan will be used to pay-off an existing 1st TD and the remaining funds will be used to make minor upgrades to subject property. Subject property is a Spanish…
Existing Mortgage Vintage borrower, real estate investor and local Laguna Beach Realtor sought a business purpose cash-out 2nd TD on this Ocean View SFR non-owner occupied rental property in Laguna Beach, Orange County, CA. Funds from our loan will be used to support this investment property’s overhead while borrower obtains a conventional loan to to…
Borrower sought a business purpose cash-out 2nd TD on this owner occupied SFR property in Encino, Los Angeles County, CA. The funds from our loan will be used to launch borrower’s online retail clothing and provide working capital for his existing photography company. The subject property is a contemporary, one story SFR in good condition,…
The U.S. 10 Year Treasury continues to march higher daily and is making conventional loan interest rates tick up. This rise in interest rates will eventually slow refinance activity. Today’s Blog highlights proven methods for a Mortgage Broker to increase their revenue as the refinance market softens. What other loan products should a Mortgage Broker…
Experienced real estate investor sought a 1st TD loan to purchase this non-owner occupied SFR investment property in Cathedral City, Riverside County, CA. Borrower is putting down $340k of their own money towards this Purchase. Borrower owns four other investment properties in the area. Subject property is in a gated community, great condition and ready…
Experienced real estate investors sought a 1st TD loan to purchase these non-owner occupied 7 vacant land lots in Perris, Riverside County, CA. Borrowers intend to hold on to properties which are zoned for rural residential and build SFRs on each in the future or sell vacant lands as they increase in value. Borrowers are…
Experienced real estate investor and attorney sought a business purpose cash-out 2nd TD on this non-owner occupied SFR rental property in Westwood, Los Angeles County, CA. The funds from our loan will be used towards the purchase of two 5 acre investment mining properties in CA and to bring current the existing 1st TD in…
Real estate investor and business owner sought a 1st TD business purpose cash-out loan on this non-owner occupied SFR investment property in Anaheim, Orange County, CA. Funds from our loan will be used to pay off an existing 1st TD that is in default and the subject property is in foreclosure. The balance of the…
Experienced real estate investor sought a 1st TD loan to purchase this non-owner occupied “Fix & Rent” SFR investment property in Santa Ana, Orange County, CA. In addition to renting out this SFR after some minor repairs, borrower plans to maximize investment income by building an ADU on the subject property’s large, unused lot. Borrower…
Borrower sought a 1st TD refinance loan on this non-owner occupied SFR investment property in Monrovia, Los Angeles County, CA. Funds from our loan will be used to pay off an existing reverse mortgage (227k). Borrower’s father owned this subject property. Father recently passed away and borrower inherited this subject property. The subject property is…
Real estate investor, existing Mortgage Vintage borrower and experienced Fix & Flip general contractor sought a business purpose cash-out 2nd TD loan on this prime fix & flip opportunity in Orinda, Contra Costa County, CA. Funds from our loan will be used to finish upgrades that are currently underway and $99k of the loan proceeds…
Experienced real estate investor, developer and existing Mortgage Vintage borrower is sought a 2nd TD business purpose cash-out on these two SFR investment properties in Costa Mesa, CA. Funds from our loan will be used to pay-off a small, existing 2nd TD ($86k) and the rest of the funds ($200k) will be held in Funds…
Real estate investor is sought a 1st TD Cash-Out Refinance loan on this non-owner occupied SFR investment property in Lake Arrowhead, San Bernardino County, CA. Funds from our loan will be used to pay-off an existing HELOC lien and balance of funds will be used to complete interior property renovations. The subject property is a…
Owners/operators of a Construction & Development company are sought a business purpose 1st TD loan on these 3 Commercial buildings in Indio, CA. Borrowers are currently underway converting these Commercial buildings into to a single-tenant private Charter school. Funds from our loan will be used to pay off the existing $1,150,000k purchase loan on the…
Successful real estate investors and previous Mortgage Vintage Borrowers are seeking a 1st TD Refinance loan on this non-owner occupied Duplex rental property in Fullerton, Orange County, CA. Borrower is taking cash-out of a 22 Unit Apartment Building they own free and clear in Anaheim and is using those cash out proceeds to pay down…
Successful real estate investors and previous Mortgage Vintage Borrowers are seeking a 1st TD Refinance loan on this non-owner occupied SFR rental property in Anaheim, Orange County, CA. Borrower is taking cash-out of a 22 Unit Apartment Building they own free and clear in Anaheim and is using those cash out proceeds to pay down…
Successful real estate investors and previous Mortgage Vintage Borrowers are seeking a 1st TD Refinance loan on this non-owner occupied SFR rental property in Anaheim, Orange County, CA. The subject property is a two story SFR with 1,967 SF of rentable living space sitting on a 6,098 SF lot. The subject property has 4 Bedrooms…
Trust Deed Investments and the secured, equity protected, non-correlated monthly cash flow should create peaceful and blissful sleep filled nights. Sometimes, however, I wake up at 3 in the morning wondering about this hard money lending business and our loan originations. Usually, these sleepless encounters result from an upcoming decision or circumstance that causes angst. …
Experienced real estate investor, developer and existing Mortgage Vintage borrower sought a Blanket 1st TD on these two SFR investment properties in in Costa Mesa, CA. Funds from our loan will be used to pay-off higher interest rate TD’s on subject properties and provide cash-out to finish construction. We will be paying off a $2.3…
Successful business owners sought a business purpose cash-out 1st TD on this “free & clear”, owner-occupied, SFR in Malibu, CA. The funds from our loan are being used to expand borrowers current business Greenrock Life Group, LLC. This company provides a life settlement marketplace to individual investors. The subject property has been in the family…
Real estate investor, previous Mortgage Vintage borrower and experienced Fix & Flip general contractor is sought a business purpose loan to purchase this prime fix & flip opportunity in Orinda, Contra Costa County, CA. The subject property is a 3-bedroom/2-bathroom SFR located in Orinda’s desirable Ivy Drive neighborhood. The 1,572 SF home is situated on…
Experienced real estate investor and Licensed General Contractor sought a business purpose 1st TD to purchase and “Fix and Rent” this investment property Triplex in Los Angeles, CA. Upon the close of escrow the borrower will immediately begin remodeling Triplex then refinance the property into a conventional loan. The borrower only sought purchase money, he…
Successful real estate investors and previous Mortgage Vintage Borrowers are sought a business purpose cash-out 1st TD on this “Free & Clear”, NOO, 100% Rented, 22 Unit Multi-Family Residential building in Anaheim, CA. The funds from our loan will be used to pay down loan amounts on 3 other real estate investment properties borrowers own…
Successful business owner is sought a business purpose cash-out 2nd TD on this owner occupied SFR in Newport Beach, Orange County, CA. The majority of the loan proceeds will be used to support the expansion of the borrower’s growing Telemedicine business “Pioneer Technologies Solutions” and the balance of the funds will be held in funds…
Experienced real estate developer and investor sought a business purpose cash-out 1st TD on this non-owner occupied, vacant land in Penn Valley, CA. Funds from our loan were used to payoff a small existing 127k 1st TD. Additional cash-out will be applied to the development of Retirement & Affordable Housing units on this subject property…
Confused on how Fractional Trust Deed Investing works? Learn the basics below: The Law: A Fractional Trust Deed Investment is a transaction that pools together investor money to jointly lend on a California property with a compliant loan purpose. “Fractionalized” Promissory Notes and Deeds of Trust, when negotiated by a Mortgage Loan Broker (MLB),…
Real Estate Investor and previous Mortgage Vintage borrower sought a cash-out refinance 1st TD on this “free and clear” mixed use office/residential condominium property in Santa Ana, CA in Orange County. The property is currently, and has since inception, being used as the Headquarters for Caboraca Investments, Inc. which is a Real Estate Brokerage and…