Done Deal! Hard Money Loan in Cedar Glen: $264,500 @ 12.00%, 2nd TD, Cash-Out, SFR, 65.00% CLTV
Executive Summary Borrowers sought a 2nd TD business purpose cash-out loan secured by an owner-occupied, full renovated single-family residence located in Cedar Glen, San Bernardino, CA – located 1 mile from Lake Arrowhead. The purpose of this loan is reinvestment into their high-end fashion and design Flaunt magazine. Property Overview The subject property is a…