Recently Funded Hard Money Loan in Los Angeles, CA for $600,000

Long time homeowner and Self-employed Borrower was seeking a business purpose cash out loan to invest in borrower’s business.Subject is a split-level 4 bdrm/3.0 ba Single Family Residence located in the desirable Hollywood Hills area just above Sunset Strip. Property is upgraded throughout, with a terraced backyard and several patio areas, swimming pool/spa, and fountains.…

Hard Money Loans Solve Real Problems

How to solve real problems with hard money loans? In a recent top-rated business Podcast, Tony Robbins stated that “The Best Business’ Solve Real Problems.” Besides being simplistic, direct, transparent, and fast, Hard Money Loans and Trust Deed Investments solve real issues that finance seeking professionals encounter. This month’s Blog analyzes the problems facing Orange…

Recently Funded Hard Money Loan in Riverside, CA $107,500

Riverside, CA DownloadRecent Transaction – $107,500 Business Purpose Cash Out, Riverside, CA Property / Loan Information Property Type Single Family Residence Lien Position  2nd TD Loan Amount $107,500 Broker Opinion $450,000 Occup Owner Occ. Lender Rate 10.25% LTV on BPO Value 65.00% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months…

Recently Funded Hard Money Loan in Dana Point, CA for $500,000

Dana Point, CA Download Recent Transaction – $500,000 Business Purpose Purchase, Dana Point CA Property / Loan Information Property Type Single Family Residence Lien Position  1st TD Loan Amount $500,000 Broker Opinion $867,140 Occup Non Owner Occ. Lender Rate 8.25% LTV on BPO Value 57.66% Loan Type Business Purpose Purchase Amortization Interest Only Due in 36 mos.…

Recently Funded Hard Money Loan in N. Hollywood, CA for $115,000

N. Hollywood, CA Download Recent Transaction – $115,000 Business Purpose Cash-Out – N. Hollywood, CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $115,000 Appraised  Value $670,000 Occup Non-Owner Occ. Lender Rate 10.00% CLTV on Appr. 63.58% Loan Type Business Purp.  Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months…

Recently Funded Hard Money Loan in Los Angeles for $680,000

Los Angeles, CA Download Recent Transaction $680,000 Business Purpose Cash Out, Los Angeles, CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $680,000 Broker Price Opin. $1,500,000 Occup Non-Owner Occ. Lender Rate 7.75% LTV on BPO 45.33% Loan Type  Consumer Purp.  Cash-Out Amortization Interest Only Due in 6 mos. Guaranteed Int.…

Recently Funded Hard Money Loan in Agoura Hills, CA for $110,000

Agoura Hills, CA Download Recent Transaction – $110,000 Business Purpose Cash-Out – Agoura Hills, CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $110,000 Broker Price Opin $1,800,000 Occup Owner Occ. Lender Rate 10.00% CLTV on ARV 62.50% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 24 mos.…

Recently Funded Hard Money Loan in Corona Del Mar, CA for $700,000

Corona Del Mar, CA Download Recent Transaction – $700,000 Business Purpose Construction Loan – Corona Del Mar CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $700,000 After Repair Value $3,200,000 Occup Non Owner Occ. Lender Rate 9.50% CLTV on ARV 62.50% Loan Type Business Purpose Cash Out Amortization Interest Only…

Fix and Flip in Placerville, California

Before After On August 25, 2016, Mortgage Vintage, Inc., borrowers and successful professional contractors effectively sold the subject property located at 1812 Mary Court in Placerville, CA, for $399,000, obtaining a nice net profit after having initially purchased the subject property for $139,000 and spending approximately $129,000 rehabbing the subject property

Recently Funded Hard Money loan in Stanton $150,000

Stanton, CA Download Recent Transaction – $150,000 Business Purpose Cash-Out, Stanton CA Property / Loan Information Property Type Commercial Building – Retail Center Lien Position 2nd TD Loan Amount $150,000 Appraised Value $1,475,000 Occup Non-Owner Occ. Lender Rate 10.50% CLTV on Appraised Value 47.46% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 Months…

Recently Funded Hard Money Loan in West Covina $174,000

West Covina, CA Download Recent Transaction – $174,000 Business Purpose Refinance, West Covina CA Property / Loan Information Property Type Single Family Residence Lien Position1st  TD Loan Amount $174,000 AVM Value $429,200 Occup Non-Owner Occ. Lender Rate 6.75% LTV on AVM 40.54% Loan Type Business Purpose Refinance Amortization Interest Only Due in 12 mos. Guaranteed Int. 5 Months    …

Recently Funded Hard Money Loan in El Segundo $165,000

El Segundo, CA Download Recent Transaction – $165,000 Business Purpose Cash-Out, El Segundo CA Property / Loan Information Property Type Condiminium Lien Position 2nd TD Loan Amount $165,000 BPO Value $625,000 Occup Non-Owner Occ. Lender Rate 10.0% CLTV on BPO 63.52% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed Int. 12 Months    …

Recently Funded Hard Money Loan in Rancho Palos Verdes $185,000

Rancho Palos Verdes, CA Download Recent Transaction – $185,000 Business Purpose Cash-Out, Rancho Palos Verdes CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $185,000 BPO Value $1,350,000 Occup Owner Occ. Lender Rate 9.50% CLTV on BPO 35.62% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed…

5 Changing Elements in Fix-and-Flip Loans

What is happening in the Fix and Flip marketplace? Change and upheaval constitute Fix-and-Flip finance today. FinTech (High-Tech Lenders) companies, Wall Street and others have entered the Fix-and-Flip lending arena with an avalanche of capital. This new capital benefits borrowers with lower rates but is creating havoc with traditional lenders who are scrambling to keep…