Recently Funded Hard Money Loan in La Canada Flintridge: $150,000 @ 12.00%, 2nd TD, Cash-Out, SFR, 41.80% CLTV
Business owner sought a business purpose cash-out 2nd TD on this owner-occupied SFR in La Canada Flintridge, Los Angeles County, CA. All loan proceeds will be put into the borrower’s home ballet business, Caroline Broes Ballet, which has seen a big spike in demand. The borrower plans to upgrade the studio itself as well as…