Done Deal! Hard Money Loan in Duarte: $175,000 @ 13.00%, 2nd TD, ADU, SFR, 48.72% CLTV

Brokers, Duarte, Recent TransactionsLeave a comment

General Contractor and real estate investor sought a $175,000 second trust deed business-purpose cash-out loan secured by a non-owner-occupied, single-family rental property in Duarte, Los Angeles County, CA—just 15 minutes east of Pasadena. Loan proceeds will be placed in a funds control account to finance the construction of a 1,000 SF Accessory Dwelling Unit (ADU) on the property. This General Contractor successful…

Done Deal! Hard Money ADU Loan: $345,000 @ 12.50%, 2nd TD, Cash-Out, 2-4 Unit, 53.59% CLTV

Brokers, Duarte, Recent Transactions, Stanton, Success Stories, Sylmar, Taft, Temecula, Thermal, Thousand Oaks, Trust Deed Opportunities, Tuolumne County, Tustin

1. Loan Purpose: Borrower and real estate investor sought a $345,000 2nd Trust Deed business purpose cash out loan on this non-owner-occupied, recently renovated and fully tenant occupied, detached duplex investment rental property in Duarte, Los Angeles County, CA. The city of Duarte is located 15 minutes east of Pasadena, CA. The funds from this…