Done Deal! Hard Money Loan in Lucerne Valley: $2,200,000 @ 15.00%, 1st TD, Cash-Out, Land, 20.00% LTV
Successful real estate investor and business owner sought a 1st Trust Deed refinance with Funds Control on these two tentatively entitled residential parcels totaling 244.67 acres known as “Wilshire Road”. These two parcels are portions of the Phase 1 residential development of the much larger 1,375 acres approved “Rancho Lucerne Master Plan” development in Lucerne Valley,…