Los Angeles duplex loan

COMPLETED! HARD MONEY LOAN IN LOS ANGELES: $100,000 @ 12.00%, 2ND TD, CASH-OUT REFI, SFR, 51.57% CLTV

Borrowers, Brokers, Investors, Los Angeles, Recent Transactions

Loan Purpose Mortgage Vintage successfully funded a $100,000 business-purpose second trust deed secured by an owner-occupied duplex in the Koreatown/Mid-Wilshire corridor of Los Angeles, California. The long-time property owner, who had held the property for more than 33 years, sought a cash-out refinance to deploy capital toward business-purpose investment activities, including supporting growth initiatives, branding…

Closed! Hard Money Loan in Los Angeles: $370,000 @13.00%, 2nd TD, Cash-Out, SFR, 45.92% CLTV

Brokers, Los Angeles, Recent Transactions

Loan Summary Borrower is a seasoned construction professional with over 20 years of experience as a construction project manager, with a track record of successfully managing residential ground-up builds. Borrower owned this subject property “free and clear” for many years located in the Glassell Park area of Northeast Los Angeles, a transitioning neighborhood with a…

Done Deal! Hard Money Loan in Los Angeles: $455,000 @10.00%, 1st TD, Purchase, SFR, 64.54% CLTV

Brokers, Los Angeles, Recent Transactions

Loan Purpose The borrower sought a $455,000 business-purpose acquisition 1st TD loan to purchase a Non-Owner-Occupied single-family residence in Los Angeles.  The borrower is a successful real estate investor and owner.  The new owners signed the Purchase Agreement for $520,000 in February 2026 and released their $15,000 earnest money deposit to the Property Owner.  The…

Done Deal! Hard Money Loan in Los Angeles: $500,000 @12.50%, 2nd TD, Cash-Out-Refinance, Condo, 58.26% CLTV

Brokers, Los Angeles, Recent Transactions

Loan Summary  Borrower sought a 2nd TD business purpose cash out refinance on this owner occupied condo in the “Faubourg St. Denis” luxury boutique 22-unit condo complex in the highly desirable Hancock Park / Mid-Wilshire / Beverly Hills area of Los Angeles. The loan proceeds will be used to pay off an existing and in good…

Recently Funded! Hard Money Loan in Los Angeles: $507,000 @11.00%, 1st TD, Cash-Out, SFR, 62.93% CLTV

Brokers, Los Angeles, Recent Transactions

Loan Purpose Refinance and consolidate existing debt secured by 1820 W. Martin Luther King Jr. Blvd. Business-purpose cash-out loan structured as non-owner occupied Loan proceeds primarily used to pay off existing first and second liens Limited net cash to borrower after payoff, fees, and prepaid interest Structured as a short-term bridge rather than a construction…

Closed! Hard Money Loan in Los Angeles: $5,579,000 @12.25%, 2nd TD, Purchase, 50.00% CLTV

Brokers, Los Angeles, Recent Transactions

Loan Purpose Repeat Mortgage Vintage borrower and experienced business owner, sought a business-purpose, non-owner-occupied Blanket 1st/2nd Trust Deed blanket loan to acquire a 17-unit fully occupied multi-family property located on Vermont Avenue in Los Angeles, while cross-collateralizing an existing 5-unit multi-family property on 40th Place in Los Angeles. Loan proceeds will be used to purchase…

Recently Funded! Hard Money Loan in Los Angeles: $1,650,000 @8.75%, 1st TD, Cash-Out, Multi-Family, 55.93% CLTV

Brokers, Los Angeles, Recent Transactions

1. Loan Purpose The previously successful Mortgage Vintage Borrower sought a business-purpose loan secured by an existing 8-unit multifamily asset in Los Angeles. Loan proceeds will be used to refinance an existing Mortgage Vintage 1st Trust Deed and provide remodel funds and small cash-out liquidity to the borrowing entity. Based on the information provided, the transaction…

Closed! Hard Money Loan in Los Angeles: $690,000 @13.00%, 2nd TD, Refinance, SFR, 64.61% CLTV

Brokers, Los Angeles, Recent Transactions

Brief Overview Successful repeat MVI borrowers and business owners sought a 2nd TD business purpose cash-out loan secured by an owner-occupied Estate SFR in the highly desirable “Hollywood Hills” neighborhood, with panoramic ocean, downtown LA city, the Hollywood Sign and Griffith Observatory views. The funds will be used to pay off a current, and good…

Closed! Hard Money Loan in Los Angeles: $500,000 @11.50%, 2nd TD, Bridge, SFR, 46.41% CLTV

Brokers, Los Angeles, Recent Transactions

Brief Overview Loan Purpose: The borrower sought a $500,000 2nd Trust Deed secured by a single-family residence in Los Angeles. Loan proceeds will be used to complete the landscaping phase of a construction project, which includes an outdoor kitchen, hardscape, irrigation, lighting, and other exterior improvements. The full construction budget of $500,000 will be held…

Closed! Hard Money Loan in Los Angeles: $400,000 @10.50%, 1st TD, Cash-Out, Mixed Use, 41.78% CLTV

Brokers, Los Angeles, Recent Transactions

Overview Repeat, successful Mortgage Vintage borrower and real estate investor sought a $400,000 business purpose 1st Trust Deed cash out loan on this “free and clear” non-owner occupied mixed-use residential and commercial investment property in Los Angeles, Los Angeles County, CA. The borrowers will be using a small portion of the loan proceeds for cosmetic…

Done Deal! Hard Money Loan in Los Angeles: $1,303,000 @ 13.25%, 2nd TD, Cash-Out, SFR, 60.00% CLTV

Brokers, Los Angeles, Recent Transactions

1. Loan Purpose: Real estate investors sought a 2nd Trust Deed on this non-owner-occupied property in, Hancock Park, Los Angeles.  Borrowers purchased the property in 2020 and paid $375k on Down Payment and have spent $874k to date on the horizontal and vertical development. The borrowers own a family-owned and operated Real Estate Development firm,…

Closed! Hard Money Loan in Los Angeles: $1,300,000 @9.00%, 1st TD, Cash-Out, Multi-Family Unit, 47.27% CLTV

Brokers, Los Angeles, Recent Transactions

1. Loan Purpose: Successful Mortgage Vintage borrower and real estate investor sought a $1,300,000 1st Trust Deed business purpose cash-out loan on this non-owner occupied, fully occupied, and recently renovated 8-unit multi-unit property in Los Angeles, CA. The funds from the loan will be used to payoff an existing maturing loan and to make some…

Closed! Hard Money Loan in Los Angeles: $758,000 @ 12.50%, 2nd TD, Cash-Out, 2-4 Unit, 62.22% CLTV

Brokers, Los Angeles, Recent Transactions

1. Loan Purpose: Successful Mortgage Vintage borrowers and successful real estate investors sought a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. 100% of the funds from our loan proceeds will be put into Funds Control to reconfigure the existing Duplex and add 2 new fully permitted ADU…

Closed! Hard Money Loan in Los Angeles: $310,000 @ 13.50%, 1st TD, Cash-Out, Commercial, 48.44% LTV

Brokers, Los Angeles, Recent Transactions

Real Estate Investor and successful business owner sought a business purpose cash-out 1st TD on this ‘free and clear,’ non-owner-occupied investment mixed-use property in Los Angeles, CA. The subject property is comprised of two side-by-side parcels and is leased out to a cosmetic automotive car detail and improvement shop for a total of $4,500/mo.  A clean…

Closed! Hard Money Loan in Los Angeles: $365,000 @ 12.50%

Brokers, Los Angeles, Los Angeles County, Recent Transactions

Business owners sought a $365,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Los Angeles, Los Angeles County, CA.  Loan proceeds will be used for Borrower’s business, Powerfade Marketing, LLC (https://powerfademarketing.com).  A Powerfade P&L for 2023 is in the CTD Due Diligence File and shows a company Net Income of $405k.…

Recent Hard Money Transaction in Los Angeles: $334,640 @ 13.50%

Brokers, Los Angeles, Recent Transactions

Successful Mortgage Vintage borrower and business owner sought a Blanket $334,658 2nd Trust Deed cash-out loan on these three non-owner-occupied duplexes in Los Angeles, Los Angeles County, CA.  The loan proceeds will be used to help the borrower payoff another investment property in his real estate investment portfolio. The three separate 1st mortgages are all with…

Done Deal! Hard Money ADU Construction Loan in Los Angeles: $435,000 @ 12.25%, Duplex, 64.20% CLTV

Brokers, Los Angeles, Recent Transactions

Borrower is an Attorney and Partner at AALRR law firm in Pasadena, CA Borrower earns estimated $289K annual income from law practice. Borrower also had approx. $489K liquid assets which include $354K in retirement accounts. Borrower projects $34,800 monthly rental income from this sought after “Mid-Wilshire” location Four-Plex investment property when Two ADUs expansion completed.…