Successful repeat MVI borrower and real estate investor seeking a business purpose 1st TD on this non-owner occupied, 3-unit in Los Angeles, CA. The funds from our loan will be used to refinance the subject property. The exit strategy is to do a conventional refinance within the next 24 months. The subject is a well…
Borrower and successful real estate investor sought a 1st TD cash-out refinance on this 19-unit multi-family property in Los Angeles, CA. The borrower has multiple real estate investment properties in the Southern California area. They were looking to refinance the existing TD and also take out some cash to do numerous repairs and improvements to…
Borrower and successful real estate investor sought a 1st TD cash-out refinance on this 13-unit multi-family property in Los Angeles, CA. The borrower has multiple real estate investment properties in the Southern California area. They refinanced the existing TD and also took out some cash to do numerous repairs and improvements to the property to…
Real estate investor is 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 will be put into Funds Control to build 2 fully permitted ADU units in the back of this subject property. Exit strategy from our loan is a…
Real estate investor 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 units in the back of this subject property. Exit…
Group of experienced real estate investors sought a 1st TD loan to purchase this non-owner occupied, Duplex, investment property in Los Angeles, CA. Borrowers are putting down $115k personal funds “skin in the game” towards the purchase of this investment property. This group of investors have flipped several properties in the greater Los Angeles area…
Successful business owner sought a business purpose cash-out 2nd TD on this owner-occupied, luxurious high-rise condominium on Wilshire Blvd. in Los Angeles, CA. Funds from our loan will be used to meet the booming demand for borrower’s government sponsored COVID testing and vaccination program for uninsured individuals. Borrower’s existing 354k 1st TD is current in…
Successful real investor sought a 1st TD business purpose cash-out refinance loan on this 8 unit, non-owner occupied, apartment building in Los Angeles, Los Angeles County, CA. Funds from our loan will be used to pay off a small, current $140k 1st TD and the balance of the funds will be used for interior and…
Experienced real estate investor and attorney sought a business purpose cash-out 2nd TD on this non-owner occupied SFR rental property in Westwood, Los Angeles County, CA. The funds from our loan will be used towards the purchase of two 5 acre investment mining properties in CA and to bring current the existing 1st TD in…
Experienced real estate investor and Licensed General Contractor sought a business purpose 1st TD to purchase and “Fix and Rent” this investment property Triplex in Los Angeles, CA. Upon the close of escrow the borrower will immediately begin remodeling Triplex then refinance the property into a conventional loan. The borrower only sought purchase money, he…
Real estate investor sought a business purpose cash-out 1st TD on this non-owner occupied investment property in Los Angeles, CA in Los Angeles County. Funds from our loan will be used to payoff an existing 1st and additional cash-out to make minor improvements to the subject property. The subject property is 1,115 SF contemporary…
Borrower sought a business purpose cash-out 2nd TD on this owner-occupied duplex in LA. Funds from our loan will be used to complete the remodel of one of the units of the duplex. 100% of the construction budget will be held in escrow funds control. The subject is a bungalow style detached duplex. Unit #1…
Real estate investor and long-time general contractor was seeking a business purpose purchase loan to Fix & Flip this SFR in Los Angeles. The loan of choice for this scenario was the “MVI 80/80” fix & flip loan where we provide 80% of the purchase price and 80% of the rehab cost all on one…
Business owner and real estate investor asked for a business purpose cash-out 2nd TD on this non owner-occupied duplex in Los Angeles. Funds from the loan were used to payoff an existing 2nd TD. The subject is a well maintained 2 story, 4 BR/3 BA Duplex located in the Echo Park neighborhood of LA. The…
Borrower was seeking a no cash-out 1st TD to refinance this non-owner occupied SFR in Los Angeles. Borrower inherited the property from a family member and needed to payoff a reverse mortgage with our loan. The subject is a traditional style single level home with 5 total rooms consisting of 2 BR/2 BA and a…
Real estate investors and long-time business owners were seeking a business purpose cash-out 2nd TD on this non-owner occupied SFR in Los Angeles. Funds from our loan will be used to make updates and repairs to the subject property to ready the property for sale. The subject property is a single level Spanish style home…
Borrower was seeking this Bridge Loan to purchase a SFR in Big Bear using her primary residence in Los Angeles as a cross collateral 2nd TD. The Borrower will be retiring from Merrill Lynch and moving to the Big Bear property for retirement. The Los Angeles property is already listed for sale. The subject is…
Business owner was seeking a cash-out 2nd TD to invest back into a real estate investment business owned with her husband. Funds from our loan will be used for investing in distressed properties. The subject is a 2 story, 6 BR/3 BA Duplex located in the Boyle Heights neighborhood of Los Angeles. The property measures…
Long time business owner was seeking a cash-out 2nd TD on this beautiful Westchester SFR in Los Angeles to payoff an existing 2nd & 3rd and cash-out for his business. Borrower owns a successful landscape company specializing in design, maintenance and construction: http://brownlandscapeco.com/. The loan proceeds from our MVI loan will be invested back into…
The borrower and real estate investor were seeking a new 1st TD to payoff existing mortgage and cash-out for reserves on this Los Angeles multi-unit apartment building. The subject property is a 5-unit apartment building that offers 2 freestanding buildings. The buildings are 2-stories with good “class D” quality construction. Building measures 4,750 SF and…
Real estate investor was seeking a cash-out 1st TD on this non-owner occupied SFR in Los Angeles, CA to payoff existing mortgage and make repairs and upgrades to the same the property. The subject property sits on a large 2,060 SF lot and is an 892 SF ranch style SFR located in Los Angeles County.…
Real Estate Investor, General Contractor and Architect was looking for a business purpose cash-out 1st TD to complete plans and develop hillside property into a 78 unit apartment complex in the Baldwin Hills area of Los Angeles. Borrower’s exit strategy was to obtain a Take-Out construction loan to complete development. Subject View Property is a…
Real estate investor and 30-year FedEx employee was seeking a cash-out 1st TD on this LA non-owner occupied investment property to make improvements and updates to the same property. Property is a 2-story, 3 bedroom / 1.5 bath SFR located in Leimert Park neighborhood of Los Angeles. The property measures 1,671 sf of gross living…
Borrower and real estate investor was seeking a cash-out 2nd TD to make home improvements to the subject property. The subject property is located in the Avalon Gardens neighborhood of Los Angeles. The single-story home sits on a 5,030 sqft lot and comprises 3 bedrooms and 1 bath with 898 sqft. The property is conveniently…
808 credit score real estate investor and long-time business owner was seeking a cash-out 1st TD. Loan proceeds from our Mortgage Vintage loan were used to purchase another investment property. The property is tri-plex located in the Jefferson Park neighborhood of Los Angeles. Property measures 2,490 sf of gross living area and is situated on…
Real estate investor was seeking a cash-out 2nd TD on this non-owner occupied SFR in Los Angeles. Proceeds from this loan were used to secure real estate investment opportunities Subject property is a single-story SFR situated on a 3,554 sqft lot in the Van Ness neighborhood of LA. The subject was built in 1926 and…
Real Estate Investor and previous successful MVI borrower was seeking a cash-out 2nd TD to complete repairs and updates to this 5-unit LA property. The subject property consists of 4-detached structures of 3,334 s.f., 5-unit apartment complex building constructed in 1924 & a non-permitted unit made of a garage conversion. Subject is in the Eagle…
Business owner was seeking a cash-out 2nd TD on this owner occupied SFR in Los Angeles. Proceeds from this loan were to be used to invest back into the borrower’s contract sewing business. First mortgage is a conventional loan. Subject property is a single-story SFR situated on a 7,732 sqft lot in the Glassell Park…
Self-employed, strong credit score borrower was seeking a business purpose cash out refinance loan to refinance the existing loan on this multi-family property. Borrower has owned the property since 2009. Subject is a 100% occupied property which consists of 3 parcels totaling 23,161 square and is located on a commercial/residential street. The Property is an…
Real estate investor, long time land owner and CEO of Rightime Enterprice was seeking a business purpose cash-out refi on these 5 parcels of vacant land. Loan proceeds were used to payoff existing 1st & 2nd liens. The cash-out portion of the funds were used to cover current architectural and engineering fees as well as…