Recently Funded Hard Money Loan – Downey: $607,750, 1st TD, 65.00% LTV, 9.75% Lender

Borrower, real estate investor and long-time business owner was seeking a 1st TD to purchase this industrial condo corner unit in the City of Downey in Los Angeles County. The subject building is configured to house a single user and offers 3,992 SF interior space (1,600 SF of office space) which includes entry/lobby, 3 offices,…

Recently Funded Hard Money Loan – Downey: $450,000, 1st TD, 73.77% LTV, 9.50% Lender Rate

750 fico score real estate investor and real estate broker was seeking a business purpose loan to purchase this prime fix & flip opportunity in LA County. Subject property currently is a single-story traditional style SFR situated on a large 25,592 sqft lot in Downey. The subject was built in 1949. Property has 2,171 sqft of…

Rental Purchase Loan Funded – Downey, CA

Downey, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $326,400 Purchase Price $544,000 Occup Non-Owner Occ. Interest Rate 10.75% LTV on Purch. Price 60.00% Loan Type Rental Purchase Amortization Interest Only due in 12 mos. Guaranteed Interest 3 months Loan Scenario: Real Estate Investor looking to purchase Bank Owned SFR for…