Business owner sought a business purpose cash-out 2nd TD of this owner occupied SFR in Orange County. Proceeds from this loan will be invested into the borrower’s interior design business. Our subject property is a beautiful two-story SFR located in Newport Coast and sits on a 11,151 sqft lot. The subject was built in 2001 and…
Successful Mortgage Vintage Borrower, business owner, and real estate investor (Fairbrook Communities, LLC) is seeking a Blanket 1st Trust Deed to purchase two well located lots of undeveloped land in Perris and Menifee in Riverside County. The multi-family development entitlements for both properties should be coming within the next 60 days. The borrower tied up…
Business owner and real estate investor is seeking a cash-out 2nd TD of this owner occupied SFR in Riverside County. Proceeds from this loan will be invested into the borrower’s investment business to pay for a build-out at their new office and build an online presence. Borrower entered into a Lease with Option to Buy Agreement…
Successful business owners, real estate investors sought a cash-out 2nd TD Bridge Loan on their investment property in Irvine, Orange County, CA. The funds from our Mortgage Vintage Bridge Loan will be used to purchase the borrower’s new primary residence in Newport Coast, CA. The borrowers are already under contract on this beautiful new home…
(Glenn Goldan, Brock Vandenburg, Mayumi Bowers (Moderator), Sandy MacDougall and Ken Thayer face off at the CMA Summer Conference Mortgage Fund vs. Fractional Trust Deed Debate) The California Mortgage Association (CMA) held its first ever “Debate” at the 2022 Summer Conference in beautiful San Diego. On one side, Team Fund espoused the benefits and opportunities…
Real estate investor sought a business purpose cash-out refinance on this SFR & AG investment property in Mendocino County, CA. The purpose of this loan is to pay-off an existing, current and in good standing small 130K 1st TD; the balance of funds will be applied towards minor property improvements. Exit strategy: refinance. The subject property…
Successful business owner and real estate investor sought a business purpose cash out 2nd TD on this owner occupied SFR in Dublin, Alameda County, CA. Borrower’s current and in good standing on his conventional 1st TD. The balance is at $1,487,000 and has an interest rate of 3.99%. Funds from our loan will be used…
Business owner and real estate investor sought a cash-out 2nd TD of this non-owner occupied two unit residential property in Orange County. Proceeds from this loan will be used to complete work at the property. Our subject property is recorded with the County as a Single Family Residence. However, the property has been divided into a…
Business owner and real estate investor sought a new business purpose cash-out 1st TD on this non-owner occupied investment property in Atwater, CA in Merced County. Funds from our loan will be used to invest into the Borrower’s restaurant (Tequila Restaurant) as well as for making improvements to the same property. Borrower’s Restaurant was impacted…
Successful Mortgage Vintage Borrowers and real estate investor sought a new business purpose purchase 1st TD on this non-owner occupied investment property in Placentia, CA in Orange County. Funds from our loan will be used to purchase the subject property The subject property is 1,440 SF ranch style SFR sitting on a 7,500 SF lot. …
Successful repeat MVI borrower and real estate investor seeking a business purpose 1st TD on this non-owner occupied, 3-unit in Los Angeles, CA. The funds from our loan will be used to refinance the subject property. The exit strategy is to do a conventional refinance within the next 24 months. The subject is a well…
Previous successful MVI borrower, business owner and real estate investor is seeking a cash-out 2nd TD of this Non-owner occupied SFR in Orange County. Proceeds from this loan will be invested to purchase an investment property. Our subject property is a beautiful single-story SFR located in Placentia and sits on a 7,280 sqft lot. The subject was built…
Long-time successful business owner seeking a business purpose cash-out 2nd TD on this owner occupied SFR in Costa Mesa, Orange County, CA. Funds from our loan will be used as capital investment into their company, Environmental Water Management. The company suffered some small setbacks because of COVID, but our loan proceeds will be used to…
Successful business owners and real estate investors sought a business purpose cash-out 2nd TD on this owner occupied SFR in Dana Point, Orange County, CA. The funds from our loan will be invested into their business, Sidewinder Manager, LLC, which owns a 300 acre parcel of land on the East coast. The plan is to…
Borrowers and business owners sought a cash-out 2nd TD of this owner-occupied SFR in San Diego County. Proceeds from this loan will be used to complete the construction of an office add-on to the existing home. Our subject property is a beautiful one-story SFR located in San Diego and sits on an 18,361 sqft lot. The…
Successful real estate Investor and her Nephew, who is an employed Plumber, sought a business purpose cash-out refinance 1st TD on this non-owner occupied family legacy SFR in Los Osos, San Luis Obispo County, CA. Due to COVID, the tenants in the property fell behind on rent payments which in turn had the same effect…
Successful, repeat Mortgage Vintage borrower and business owner sought a business purpose cash out loan on this owner occupied, lakefront SFR in Lake Forest, Orange County, CA. Borrower’s current and in good standing 1st TD is $665K at an 8.99% interest only rate. Exit strategy: conventional refinance. The subject property is a contemporary style, two…
Borrowers sought a 2nd TD bridge loan on their primary residence in Los Gatos, CA. The funds from our loan will be used to make several improvements to the property prior to selling. The couple plans to move to Sacramento to be closer to their grown Children and Grandchildren. They already have a Listing agreement…
Business owner and real estate investor sought a new business purpose cash-out 1st TD on this non-owner occupied investment property in Antioch, CA in Contra Costa County. Funds from our loan will be used to payoff an existing matured 1st Trust Deed. The subject property is 1,406 SF ranch style SFR sitting on a 6,930…
Successful Mortgage Vintage borrower, real estate investor and developer sought a cash-out 2nd TD on this non-owner occupied 3-unit investment property in Orange County. Proceeds from the loan will be used to complete construction of the triplex. Until recently, the subject was a 1,471 Sq Ft Single Family Residence. The funds from our loan will be…
Successful business owner sought a cash-out 2nd TD of this owner occupied SFR in Riverside County. Proceeds from this loan will be used for the investment into a pizzeria franchise and to purchase equipment for the business. Our subject property is a beautiful two-story SFR located in Beaumont and sits on a 7,405 sqft lot. The…
Real estate investor sought a 1st TD business purpose cash out loan on this non-owner occupied SFR investment property in Clearlake, Lake County, CA. Funds from our loan will be used to pay off a small and in good standing $20k 1st TD, and the balance will be used to remodel this rental subject property. …
Business owners sought a cash-out 2nd TD of this owner occupied Condo in Simi Valley, Ventura County. Proceeds from this loan will be invested into the Borrower’s Allstate Insurance business. Our subject property is a well appointed two-story Condo located in Simi Valley. The subject was built in 1987 and has 1,137 sqft of living space…
Real Estate investor sought a new business purpose purchase 1st TD on this non-owner occupied Duplex investment property in Laguna Beach, CA in Orange County. Funds from our loan will be used to purchase the subject property for $1.95 Mil. Borrowers’ Down Payment will be more than $500k. The subject property is 1,914 SF duplex…
Business owner sought a new business purpose cash-out 1st TD on this owner occupied property in Newport Beach, CA in Orange County. Funds from our loan will be used for business expansion and investment purposes. The subject property is a custom built 3,400 SF contemporary SFR sitting on a 4,014 SF lot. The home has…
Borrower, successful real estate investor and business owner sought a business purpose cash-out 2nd TD on this non-owner occupied SFR in Santa Monica, Los Angeles County. Funds from our loan will be used to pay off the existing business purpose 2nd while the remainder of the proceeds will be invested into the borrower’s expanding medical…
More and more property buyers and Real Estate Investors want to find and buy a property where they can add an Accessory Dwelling Unit (ADU). An ADU is a secondary dwelling unit with complete independent living facilities for one or more persons. ADU’s generally include: Detached: The unit is separated from the primary structure Attached:…
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Very successful business owner/operator of “Trinity Iron Works” and real estate investor sought a 1st TD to purchase this commercial investment property in Douglas City, Trinity County, CA. Borrower is acquiring this currently vacant commercial property to expand operations for his rapidly growing metal roofing manufacturing and installation business. Borrower is sitting on a large…
Borrowers sought a 1st Trust Deed to complete final minor construction on this SFR investment Non Owner Occupied property in Escondido, San Diego County, CA. 100% funds from this loan will go into Funds Control to lay concrete for driveway, finalize 433A Permanent install septic and certificate of occupancy. Borrowers have invested 445K personal “skin…