Category Archives: King City

Done Deal! Hard Money Commercial Loan in King City: $2,400,000

Brokers, King City, Recent TransactionsBy Sandy MV May 9, 2022

25 years successful entrepreneur, business owner and real estate investor is sought a 1st TD to pay off an existing, current $1.1M 1st TD that is in good standing on this commercial building in Monterey County, CA. A portion of funds will be placed into funds control and the remaining balance will be used for expansion of…

Rental Purchase Loan Funded – King City, CA

Brokers, King City, Monterey County, Recent TransactionsBy Sandy MV September 26, 2014

King City, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $178,750 Purchase Price $282,000 Occup Non-Owner Occ. Interest Rate 11.50% LTV on BPO Value 65.00% Loan Type Rental Purchase Amortization Interest Only due in 12 mos. Guaranteed Interest 3 months Loan Scenario: 775 Mid FICO Real Estate Investor looking…