Recently Funded Hard Money Loan in Chula Vista: $226,000 @ 12.50%, 2nd TD, Commercial, Cash-Out, 46.67% CLTV

Business owner and real estate investor sought a small 2nd TD business purpose cash out loan on this 100% fully occupied, good condition, commercial office building in Chula Vista, San Diego County, CA. Property is well located in an office park next to an Amazon distribution center, Crunch Fitness and K1 Speedway in a commercial-residential neighborhood.…

Recently Funded Hard Money Construction Loan in Chula Vista: $1,065,000 @ 11.00%, 1st TD, Land, 62.65% LTV

Very successful and experienced real estate investor of 20 + years, developer and President-Owner of privately held real estate acquisition, redevelopment and investment management company sought a 1st Trust Deed to build two SFRs on these two adjacent land parcels in Chula Vista, San Diego County, CA. Borrower had invested $520,000 “skin in the game” to…