Closed! Hard Money Construction Loan in Homeland: $200,000 @ 9.50%, 1st TD, SFR, Cash-Out, 44.94% LTV
20 years experienced real estate investor sought a 1st TD to replace an older rental manufactured SFR which has been removed from borrower’s land and is being replaced with a brand, new prefab investment property SFR that will be permanently affixed to borrower’s land by a licensed GC. The purpose of this loan is to…