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.…
Successful real estate investor and business owner sought a $990,000 2nd TD business purpose loan on this SFR investment rental property (AirBnB/VRBO) in Hollywood Hills, Los Angeles, CA. The purpose of this loan is to pay off an existing current and in good standing $200,000 2nd TD and the balance of funds will be used for minor…
Successful business owner and real estate investor sought a small 200K 2nd Trust Deed business purpose cash out loan on this Fourplex (4 Unit) investment property near the “Beverlywood” neighborhood of Los Angeles, Los Angeles County, CA. The purpose of this loan is to pay off a current and in good standing 100K HELOC and the…
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…
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…
Real estate investor and full-time wage earner employee sought a cash-out 1st TD on this Lancaster SFR in LA County. Funds from our loan were used to payoff a 1st & 2nd TD as well as cash-out to make minor updates to the same property. The subject property was a traditional style single story SFR…
Real estate investor and self-employed borrower was seeking a business purpose cash-out refinance to payoff existing 1st TD and make improvements to the property. Subject is a 2-story, 4-unit multi-family property located in Los Angeles. Property measures 2,810 sf of gross living area, and is situated on a 4,996 sqft lot. Property consists of two…
Borrowers were seeking a business purpose cash-out refinance for this non-owner occupied rental property to refinance existing loan and make improvements to the property. Borrower has owned the property since 2009. Subject property is a single level Single Family Residence located in the South Bay area of Carson. The home is 1,452 sf with 4…
How can hard money lenders help someone in need? After graduating from UCLA Allen purchased his dream lot in Malibu in 1984. He purchased a used Motor Home that first paraded to a UCLA vs. Cal football game in Northern California filled with delirious sorority and fraternity members, but then became his temporary home on…
Borrower was seeking a Business Purpose Cash-Out loan to complete the improvements to the property. Borrower has owned the property since 2015 and will be using funds to finish construction and improvements and then sell property. Subject is a 1 story, single family residence located in Sylmar. Property is north of the 210 FWY. The…
Borrowers were seeking business purpose cash-out refinance loan to make repairs to the property.Subject is a 2 story, Multi-family property in Los Angeles. The Property is 100% occupied with rent-controlled contract rental rates. The Property consists of three buildings built in 1909, 1910, and 1947. There are three different 2 bedroom layouts. One is a…
Los Angeles, CA Download recent-transaction-269750-business-purpose-cash-out-loan-funded-los-angeles-ca Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $269,750 BPO Value $415,000 Occup Non-Owner Occ. Lender Rate 9.50% LTV on BPO Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed Int. 6 months Loan Scenario: Self-Employed Borrower who owns…
Calabasas, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Calabasas, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $220,000 ARV BPO Value $1,75Mil Occup Non-Owner Lender Rate 11.75% CLTV on BPO ARV 60.40% Loan Type Business Purpose Cash-Out Amortization Interest…
Gardena, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Denver Ave., Gardena, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $182,500 BPO Value $365,000 Occup Non-Owner Lender Rate 9.00% LTV on BPO Value 50.00% Loan…
Arcadia, CA DownloadRecent Transaction – 2nd Business Purpose Cash-Out Loan Funded – Arcadia, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $700,000 BPO Value $1.65Mil Occup Non-Owner Lender Rate 10.25% CLTV on Est. Value 59.48% Loan Type Business Purpose Cash-Out Amortization…
Glendale, CA Download Recent Transaction – Business Purpose 2nd TD Cash-Out Loan Funded – Glendale, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $153,750 Est. Lender Value $875,000 Occup Non-Owner Occ. Lender Rate 10.50% CLTV on Est. Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed…
Calabasas, CA DownloadRecent Transaction – Business Purpose 2nd TD Cash-Out Loan Funded – Calabasas, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $116,000 BPO Value $1.6Mil Occup Non-Owner Occ. Lender Rate 11.00% CLTV on BPO Value 59.50% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in36 mos. Guaranteed Interest 6 months …
Beverly Hills, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Beverly Hills, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $5.6Mil Appraised Value $9.56Mil Occup Non-Owner Occ. Lender Rate 10.00% LTV on Appraised Value 58.57% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Interest 6 months…
Chatsworth, CA DownloadRecent Transaction – Business Purpose Cash-Out Loan Funded – Chatsworth, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $650,000 Appraised Value $1Mil Occup Non-Owner Occ. Lender Rate 9.50% LTV on Appraised Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 18 mos. Guaranteed Interest 6 months …
Hawthorne, CA Download Recent Transaction – Cash-Out Commercial Loan Funded – Hawthorne, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $470,000 Appraised Value $988,000 Occup Non-Owner Occ. Lender Rate 9.25% LTV on Appraised Value 47.57% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 5 years Guaranteed Interest 6 months …
Inglewood, CA Download Recent Transaction – Cash-Out Loan Funded – Inglewood, CA Property / Loan Information Property Type Duplex Lien Position 1st TD Loan Amount $322,000 Appraised Value $460,000 Occup Non-Owner Occ. Lender Rate 9.00% LTV on AppraisedValue 70.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 months Guaranteed Interest 6 months …
Castaic, CA Download Recent Transaction – Cash-Out Loan Funded – Castaic,CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $305,000 BPO Value $436,000 Occup Non-Owner Occ. Interest Rate 10.50% LTV on BPO Value 70% Loan Type Business Purpose Cash Out Amortization 40 yr amort/due in 12 months Guaranteed Interest 3 months…
El Monte, CA Download Recent Transaction – Business Purpose Purchase – El Monte, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $120,000 Est Value $375,000 Occup Non-Owner Occ. Interest Rate 10.75% LTV on Est Value 32% Loan Type Business Purpose Cash Out Amortization Interest Only due in 3 years Guaranteed Interest…
La Puente, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $125,000 Est. Valuation $2.51Mil Occup Non-Owner Occ. Interest Rate 12.75% CLTV on AVM Value 61.60% Loan Type Business Purpose Cash-Out Amortization Interest Only due in 3 years. Guaranteed Interest 6 months Loan Scenario: 790 Mid FICO Real Estate Investor looking for…
Covina, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $2.0Mil Purchase Price $5.0Mil Occup Non-Owner Occ. Interest Rate 11.50% LTV on Purch Price 40.00% Loan Type Business Purpose Cash-Out Amortization Interest Only due in 24 mos. Guaranteed Interest 6 months Loan Scenario: 673 Mid FICO and Real Estate Investor looking…
Downey, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $326,400 Purchase Price $544,000 Occup Non-Owner Occ. Interest Rate 10.75% LTV on Purch. Price 60.00% Loan Type Rental Purchase Amortization Interest Only due in 12 mos. Guaranteed Interest 3 months Loan Scenario: Real Estate Investor looking to purchase Bank Owned SFR for…
Covina, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $715,000 Purchase Price $1.1Mil Occup Non-Owner Occ. Interest Rate 10.50% LTV on Purch. Price 65.00% Loan Type Rental Purchase Amortization Interest Only due in 24 mos. Guaranteed Interest 6 months Loan Scenario: 673 Mid FICO and Real Estate Investor purchasing this SFR…
Los Angeles, CA – Funding Now Download Full Summary – Los Angeles, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $225,550 BPO Value $350,000 Amortization and Term Interest Only due in 2 years LTV on Purch Price 65.00% Loan Type Fix and Rent Occupancy Non-Owner Occupied Rate for Investor 9.50%…