Done Deal! Hard Money Loan in Chino: $115,000 @ 12.00%, 2nd TD, Cash-Out, Single Family Residence, 60.01%

CEO/Owner of Metal Builders Group and real investor sought a small $115,000 business purpose 2nd Trust Deed loan on this owner-occupied SFR in Chino, San Bernardino County, CA.  The loan proceeds will be used on upgrades to borrower’s other commercial investment property in Los Angeles, CA. The borrower’s 1st mortgage has a principal balance of…