Borrower, previous/current and on-time Mortgage Vintage borrower, and, highly experience real estate investor and developer was seeking a business purpose cash-out 1st TD on this vacant land with approved plans by the City of Santa Ana in Orange County. The subject property is a .25 acre vacant lot located in Santa Ana at the corner…
Self-employed borrower was seeking this business purpose 2nd loan to purchase an investment property in Nevada. All loan proceeds will be sent directly to the purchase escrow. Subject is a two-story traditional 4 BR/3 BA Single Family Residence located in Fountain Valley, Orange County. The Property measures 2,239 sf of gross living area, and is…
Real estate investor was seeking a cash-out 1st TD on this non-owner occupied SFR in La Verne in Los Angeles County. Our MVI loan paid off an existing 1st TD as well as provided cash-out to make repairs to the same property and payoff student loans. The subject is a traditional style single level home…
Retired LA Unified school teacher and counselor and now substitute teacher was seeking a 1st TD to purchase this SFR in Inglewood in LA County. Property will be used as a long term rental. The subject property is a beautiful and well maintained 2-story SFR in the Renaissance gated community in Inglewood in LA County.…
Experienced Real Estate Investor that has developed over 10 Mil. s.f. and his family business was seeking this business purpose blanket loan to finance three parcels of land in Riverside for Multi-Family Development. The first parcel (Pinebrook – 28 Units) is a 1st TD purchase with full entitlements and permits in place. The developer has…
Business owner was seeking a business purpose cash-out 2nd TD on this owner occupied SFR in Altadena to invest back into her cultural center in Pasadena, the Alkebu-lan Cultural Center, for supplies and updates to the building: http://www.alkebulanpasadena.com/. The subject property is a 1,800 sf Ranch style SFR that sits on a large 12,398 SF…
Real estate investor is seeking business a purpose cash-out 2nd TD on this non-owner occupied SFR investment property in San Diego to reinstate the past due balance of $32,520 on the existing 1st TD. The subject property is a 1,822 sf Bi-Level SFR that sits on a 3,913 SF lot. The property consists of 8…
Real Estate Investor was looking to cash – out to fund continued construction of multiple single family homes real estate investment project in Santa Ana. Borrower purchased subject property in 2011 and currently operates California Team Realty office out of the space. Borrower is an experienced fix and flip investor and developer. Subject property is…
Real estate investor and business owner was seeking a 1st TD to purchase this non-owner occupied SFR investment property in Anza, CA in Riverside County. The subject property is a 911 sf 2 BR/1 BA SFR sitting on 20 acres of land in Anza. The property features a 1,360 sf Metal Shop Building as well…
Business owner was seeking a cash-out 2nd TD to invest back into a real estate investment business owned with her husband. Funds from our loan will be used for investing in distressed properties. The subject is a 2 story, 6 BR/3 BA Duplex located in the Boyle Heights neighborhood of Los Angeles. The property measures…
Long-time business owner and Medical Device Attorney was seeking a business purpose cash-out 2nd TD on this owner occupied property in the prestigious Pelican Crest Community in Newport Coast, Orange County. Proceeds from this loan will be invested back into the borrowers business for expenses related to several significant cases nearing resolution. The subject is…
Business owner and long time property owner seeking this business purpose loan to refinance existing first on this investment property and to invest in his insurance business. The subject property is a traditional style 1-story home in Lake Forest. The home has 7 total rooms with 4 BR and 2 BA and is 2,028 SF…
How can you tidy up your workplace and home? On a local Corona Del Mar Buck Gulley nature walk this last weekend, I encountered this breathtaking spring flowery hillside and a sign that said, “Habitat Restoration in Progress.” A few days before this walk during a routine property visit in Riverside County, I noticed cars…
Long time business owner was seeking a cash-out 2nd TD on this beautiful Westchester SFR in Los Angeles to payoff an existing 2nd & 3rd and cash-out for his business. Borrower owns a successful landscape company specializing in design, maintenance and construction: http://brownlandscapeco.com/. The loan proceeds from our MVI loan will be invested back into…
Previous Mortgage Vintage borrower and on-time payer was seeking a cash-out 2nd TD on this non-owner occupied, new construction SFR with additional dwelling unit in Santa Ana. Borrower is highly experienced real developer and investor. Subject property is a 2 stories SFR new construction in progress with an addition in the back. Home in…
Previous Mortgage Vintage borrowers and on-time payers are seeking a cash-out 2nd TD on this owner occupied SFR in Agoura Hills. Borrowers are highly experienced real estate agents specialized in high end residential estate properties in the Malibu area with several multi-million dollar listings. Borrowers were seeking a loan to invest back into their real…
Long time business owner orthodontist was seeking a cash-out 1st TD on this free-and-clear Clovis, CA owner occupied 2nd home to invest back into his Huntington Beach based orthodontist practice. The borrower recently began expanding human resources by adding additional dental assistants. Borrower now plans to upgrade equipment, install a new software system, augment supplies…
Borrower is long time business owner/real estate developer who was seeking a cash-out 2nd TD on this owner occupied Studio City property to invest back into two real estate projects. One SFR rehab project located at 14533 Valley Vista in Sherman Oaks, CA is coming to a close but still has expenses to be covered…
The borrower and real estate investor were seeking a new 1st TD to payoff existing mortgage and cash-out for reserves on this Los Angeles multi-unit apartment building. The subject property is a 5-unit apartment building that offers 2 freestanding buildings. The buildings are 2-stories with good “class D” quality construction. Building measures 4,750 SF and…
Whether a Hard Money Lender (HML) uses a monolithic Customer Relationship Management (CRM) and/or Loan Origination System (LOS) or has cobbled together a variety of Systems to facilitate their loan origination, the lender should migrate towards a Digital Mortgage (DM) one piece at a time. Like how my 10 and 12-year-old Children use a fruit…
Borrower and real estate investor were seeking a 2nd TD to make improvements to the subject property which will allowed the borrower to increase the monthly rental income on the property. The exit strategy by the borrower is refinance with a conventional loan. The subject property is ranch style 4-unit residence in Hawthorne located in…
Real estate investor was seeking a cash-out 1st TD on this non-owner occupied SFR in Los Angeles, CA to payoff existing mortgage and make repairs and upgrades to the same the property. The subject property sits on a large 2,060 SF lot and is an 892 SF ranch style SFR located in Los Angeles County.…
Successful business owner was seeking a cash-out 1st TD on this owner occupied single family residence the Hollywood Riveria section of Torrance, CA. Proceeds from this loan were to be used to payoff an existing 1st with the excess going towards his business Motor Sports Classics. Borrower had business for over 10 years. The subject…
Borrowers were seeking a cash-out 1st TD Bridge Loan on their current primary residence in San Pedro in Los Angeles County. The funds from this Bridge Loan were to payoff an existing 1st TD and help to fund the purchase of their new out-of-state primary residence. Borrower plans to sell this San Pedro property within…
Real estate investor and 19-year computer technician employee with the same company was seeking a cash-out 2nd TD to invest back into this non-owner occupied Simi Valley SFR in Ventura County. The subject property is a 3,163 sf contemporary designed SFR that sits on a large 10,454 SF corner lot. The property consists of 8…
Real estate investor was seeking a 1st TD to purchase this SFR investment property in La Puente, CA in Los Angeles County. The subject property is a fully remodeled 1,606 sf SFR sitting on a large 6,106 sf lot with a new fence and front gate in La Puente, CA. The subject is a traditional…
Borrower, real estate investor and long-time business owner was seeking a 1st TD to purchase this industrial condo corner unit in the City of Downey in Los Angeles County. The subject building is configured to house a single user and offers 3,992 SF interior space (1,600 SF of office space) which includes entry/lobby, 3 offices,…
Real estate investor and self-employed borrower was seeking a blanket loan on an SFR in Laguna Beach and Back Unit Condo in Corona Del Mar. The purpose of the loan was to invest in their psychiatric residential treatment facility in Pacific Beach, CA. Funds were used for additional working capital to make improvements to the…
Real estate investor borrower sought a new 1st TD to invest into to his property management company and other real estate investments. The exit strategy by the borrower was to refinance with a conventional loan or pay loan off. The subject property is a duplex home that contains 1,420 sf and was built in 1940.…
Borrower and long-time business owner, architect and designer was seeking a cash-out 1st TD loan to rehab this SFR in Pipes, CA in San Bernardino County near historic Pioneertown. At completion, the subject will be a signature “Case Study” mid-century modern home designed by the borrower. Subject will consist of 5 total rooms and 2BR/2.5BA. …