Closed! Hard Money Cannabis Loan in Miranda: $250,000 @ 11.00%, 2nd TD, SFR & Land, 37.42% CLTV

Real estate investors and experienced business owners sought  a 2nd TD business purpose cash out loan on this mixed-use investment property in Miranda, Humboldt County, CA. Borrowers existing 6% interest, 1st TD of $461K is current and in good standing. The funds from this loan will be used for an immediate capital infusion into the expansion…