Recently Funded Hard Money Loan in Desert Hot Springs: $1,308,000 @ 15.00%, 1st TD, Cash-Out, Commercial, 30.00% LTV

Brokers, Desert Hot Springs, Recent Transactions

 Borrower leveraged his assets for speed on this business purpose cash out to invest in a large Real Estate development in Coachella Valley. This 1st Trust Deed offers $3,052,000 in Investor Protective Equity on this “Free and Clear” – no existing debt – subject property. Borrower shows substantial cash reserves and net worth to service…

Closed! Hard Money Commercial Loan in Desert Hot Springs: $1,650,000 @ 15.00%, 1st TD, Cash-Out, 33.33% LTV

Brokers, Desert Hot Springs, Recent Transactions

Experienced real estate investor and business owner sought a 1st Trust Deed loan on this Free and Clear – no debt – newly constructed 2021 industrial property in a privately gated, 24×7 security guarded complex located in Desert Hot Springs, CA. The purpose of this loan is to complete the interior build-out and subject property…