Done Deal! Hard Money Loan in Santa Ana: $2,200,000 @ 9.25%, 1st TD, Cash-Out, Mixed-Use, 45.08% LTV

Successful Mortgage Vintage Borrowers and Real Estate Developers sought a business purpose cash-out 1st TD on this non-owner mixed-use property in Santa Ana, Orange County, CA. Funds from our loan will be used to: 1) payoff an existing 1st and 2nd mortgage that are both in good standing; 2) start construction on another investment property owned by the…

Recently Funded Hard Money Loan in Costa Mesa: $245,000 @ 12.99%, 2nd TD, Cash-Out, Detached, 58.87% CLTV

Business owner sought a $245K 2nd Trust Deed business purpose loan on this owner-occupied SFR in Costa Mesa, Orange County, CA.  100% loan proceeds will be used for investment opportunities. The borrower’s 1st mortgage has a principal balance of $800,000 with a fixed interest rate of 4.25%, maturing November 2061 and a payment of $2,833/mo. The…

Closed! Hard Money Blanket Loan in Long Beach: $1,460,000 @ 10.00%, 1st TD, Cash-Out, 8 Unit Multi-Family, 52.14% LTV

Successful wage earner and real estate investor sought a short-term $1,460,000 blanket 1st Trust Deed cash-out refinance on these two non-owner-occupied multi-family rentals in Long Beach, Los Angeles County, CA. The borrower is currently going through a divorce which is to be finalized in the next couple months. He has been ordered to pay his…

Recently Funded Hard Money Loan in Pacific Palisades: $650,000 2nd TD @ 12.00%, 46.86% CLTV, Cash-Out, Single Family Residence

Business owners sought a $650,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Pacific Palisades, Los Angeles County, CA.  Loan proceeds will be used to 1) payoff an existing 2nd mortgage; 2) payoff some tax liens; and 3) will be used towards the Borrower’s Biotechnology Business’ (Aicher, Inc. et. al).  In…

Done Deal! Hard Money Loan in Los Angeles: $950,000 @ 14.00%, Single Family Residence, Cash-Out, 58.93% CLTV

Successful real estate investor, business owner and repeat MVI borrower sought a $1,000,000 2nd Trust Deed business purpose cash out refinance loan on this owner occupied, SFR estate located in the desirable high-end “Brentwood” neighborhood, bordering Bel Air and Pacific Palisades in Los Angeles, CA. The purpose of this loan is to pay off an existing…

Recently Funded Hard Money Loan in Irvine: $275,900 @ 12.00%, 2nd TD, Single Family Residence, Cash-Out, 62.50% CLTV

Successful business owners sought a small $275,900 2nd Trust Deed business purpose cash out loan on this fully renovated condominium in the desirable “Sea Island” guard gated community in Newport Beach, CA. 100% of the loan proceeds will be used to expand borrowers’ business consulting business. The borrowers’ 1st mortgage is current and in good standing…

Closed! Hard Money Loan in Millbrae: $250,000 @ 11.00%, 2nd TD, Single Family Residence, Cash-Out, 46.85% CLTV

Business owners sought a $250,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Millbrae, San Mateo County, CA.  100% of the loan proceeds will be used to upgrade and expand the borrowers’ snack and beverage vending machine business. The borrower expects to see an significant increase in revenue and profitability by…

Recent Hard Money Transaction in Los Angeles: $334,640 @ 13.50%, 2nd TD, Duplex, Cash-Out, 59.00% CLTV

Successful Mortgage Vintage borrower and business owner sought a Blanket $334,658 2nd Trust Deed cash-out loan on these three non-owner-occupied duplexes in Los Angeles, Los Angeles County, CA.  The loan proceeds will be used to help the borrower payoff another investment property in his real estate investment portfolio. The three separate 1st mortgages are all with…

Recently Funded Hard Money Loan in Tustin: $195,000 @ 13.50%, 2nd TD, Single Family Residence, Cash-Out, 63.69% CLTV

Successful business owners sought a small $195K 2nd Trust Deed business purpose cash out loan on this beautiful SFR in Tustin, CA. 100% of the loan proceeds will be used to upgrade and expand borrowers’ Investment Banking Company, Teleios Capital Group LLC. https://www.teleioscapital.com The borrowers’ 1st mortgage is current and in good standing with a principal balance…

Recently Funded Hard Money Loan in Barstow: $110,000 @ 14.50%, 1st TD, Cash-Out, Detached Home, 57.89% LTV

Real Estate Investors and Business Owners sought a business purpose cash-out 1st TD on this ‘Free and Clear’ investment property in Barstow, San Bernardino County, CA. The subject property is a manufactured home on a permanent foundation (433a Certification on file) and has a tenant moving out at the end of the month. 100% of…

Done Deal! Hard Money Loan in Mount Shasta: $64,500 @ 13.25%, 2nd TD, Cash-Out, Single Family Residence, 62.50% CLTV

Business owner and borrower sought a small $64,500 2nd Trust Deed business purpose loan on this fully remodeled, owner-occupied SFR in Mount Shasta, CA.  100% loan proceeds will be used for online marketing for borrower’s life coach consulting business. The borrower’s 1st mortgage has a principal balance of $348,000 with a fixed interest rate of 4.137%,…

Recently Funded Hard Money Loan in Rancho Santa Fe: $570,000 @ 12.99%, 2nd TD, Cash-Out, Single Family Residence, 60.46% CLTV

Very successful business owners sought a $570,000 2nd Trust Deed business purpose cash-out loan on this owner-occupied SFR in the coveted neighborhood of Ranch Santa Fe, San Diego County, CA.  Husband is the President of ChemDirect a business consulting firm and Stanford Business School Graduate. Wife is the owner of Ashley David Design; a successful workspace…

Closed! Hard Money Loan in Orlando, FL: $1,140,000 @ 15.75%, 2nd TD, Cash-Out, Single Family Residence, 60.00% CLTV

Successful Mortgage Vintage borrower, CEO and long-time successful business owner (Burger Busters, Inc.), burgerbusters.com, sought a cash-out business purpose 2nd TD on this non-owner occupied property located in the exclusive gated Disney neighborhood of Golden Oak which was just recently featured in an article in the Wall Street Journal (Click Here to read the article). BurgerBusters Inc. currently…

Done Deal! Hard Money Loan in Newport Beach: $500,000 @ 10.50%, 2nd TD, Cash-Out, Single Family Residence, 55.51% CLTV

Successful real estate investor and business owner sought a $500,000 business purpose 2nd Trust Deed loan on this non-owner occupied SFR investment property in Newport Beach, CA. The borrower is the Founder and CEO of Ducere Global Business School and will be using the loan proceeds for working capital and business expansion. Ducere currently has offices in the…

Recently Funded Hard Money ADU Loan in Santa Barbara: $340,000 @ 13.25%, 2nd TD, Cash-Out, Single Family Residence, 58.21% LTV

High FICO real estate investor and successful business owner sought a $340,000 business purpose 2nd Trust Deed loan on this owner-occupied SFR in Santa Barbara, CA. The borrower was recently awarded an investment property in a divorce which has a few code violations that need to be repaired.   To confirm, our subject property is the Owner…

Closed! Hard Money Cannabis Loan in Adelanto: $1,848,000 @ 17.50%, 2nd TD, Commercial, Cash-Out, 54.43% CLTV

Very successful, current MVI borrower with a consistently “on time” paying track record sought a 2nd TD cash out refinance loan on this 38,000 SF commercial building in Adelanto, CA. The purpose of this loan is to pay off an existing, current and in good standing Mortgage Vintage 2nd TD that is maturing in June 2023 as…

Done Deal! Commercial Hard Money Loan in Whittier: $400,000 @ 15.00%, 1st TD, Cash-Out, 39.22% LTV

Successful long-time business owner of “Rincon De Guayabitos” restaurant and his Construction Business Owner sought a 1st Trust Deed cash out refinance on this mixed-use commercial/residential property in Los Angeles, CA. Our borrower purchased the property with a partner in 2006 and the partner has since passed away and our borrower is the sole owner. …

Recent Hard Money Transaction in Los Angeles: $110,000 @ 11.50%, 2nd TD, Cash-Out, Duplex, 55.63% CLTV

Business owners sought a small $110K 2nd Trust Deed business purpose loan on this owner-occupied + rental Duplex in Los Angeles, CA.  100% loan proceeds will be used to upgrade and expand borrowers’ landscaping business. The borrower’s 1st mortgage is with Wells Fargo and has a principal balance of $326,707 with a fixed interest rate of…

Recently Funded Hard Money Loan in Hemet: $120,000 @ 13.00%, 2nd TD, Cash-Out, Single Family Residence, 58.46 CLTV

Business owner sought a small $120K 2nd Trust Deed business purpose on this owner-occupied SFR in Hemet, Riverside County, CA.  100% loan proceeds will be used for a capital infusion into the borrower’s elderly and disabled care services business. Exit strategy: borrower is a Veteran, VA consolidated refinance loan or business proceeds. The borrower’s 1st mortgage…

Closed! Hard Money Loan in Fullerton: $80,00 @ 11.00%, 2nd TD, Cash-Out, Single Family Residence, 41.93% CLTV

Successful Business Owner was in search a small business purpose cash-out 2nd Trust Deed on this owner-occupied SFR in Fullerton, Orange County, CA.  Loan proceeds will be used for a capital infusion and expansion into the borrower’s manufacturing business, New Era Uretane, Inc. The exit strategy from our loan is a refinance within the next 12-18…

Done Deal! Hard Money Loan in Newport Beach: $950,000 @ 11.50%, 2nd TD, Cash-Out, Single Family Residence, 58.11% CLTV

Business owner and real estate investor sought a $950K 2nd Trust Deed loan on this owner-occupied SFR located in Newport Beach, Orange County, CA.  Loan proceeds will be used for Borrower’s Date Cultivation, packaging and sale business (Fountainhead Shrugged, LLC).  The borrower secured Walmart as an account for their Coachella grown Dates and needs money to…

Closed! Hard Money Construction Loan in Apple Valley: $542,960 @13.50%, 1st TD, Single Family Residence, 78.34%LTV

3x Successful Mortgage Vintage borrowers and 30+ years experienced residential developers sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com). Borrowers have already built and sold 55+ SFRs similar to this subject property in this same…

Recently Funded Hard Money Commercial Loan in Rancho Cucamonga: $2,250,000 @ 13.00%, 1st TD, Cash-Out, 44.91% LTV

30 year plus very experienced, successful commercial real estate investors and business owners of “Vivative Ventures Inc.”, a team of real estate professionals who specialize in revitalizing commercial buildings, sought a 1st Trust Deed refinance loan on this commercial building that is fully entitled, zoned GC – General Commercial in the heart of Rancho Cucamonga, San…