Done Deal! Hard Money Loan in Long Beach: $200,000 @ 11.75%, 2nd TD, Cash-Out, SFR, 60.01% CLTV
1. Loan Purpose: Borrowers and family run business owners sought a 2nd Trust Deed on this owner occupied SFR located in a suburban neighborhood in Long Beach, Los Angeles County, CA. The purpose of this loan is to pay off an existing and in good standing $63K 2nd TD business purpose loan and the balance…