Real estate investor, existing Mortgage Vintage borrower and experienced Fix & Flip general contractor sought a business purpose cash-out 2nd TD loan on this prime fix & flip opportunity in Orinda, Contra Costa County, CA. Funds from our loan will be used to finish upgrades that are currently underway and $99k of the loan proceeds…
Real estate investor, previous Mortgage Vintage borrower and experienced Fix & Flip general contractor is sought a business purpose loan to purchase this prime fix & flip opportunity in Orinda, Contra Costa County, CA. The subject property is a 3-bedroom/2-bathroom SFR located in Orinda’s desirable Ivy Drive neighborhood. The 1,572 SF home is situated on…
A previous successful MVI borrower, Flipper, real estate investor and successful general contractor that sought a business purpose 1st TD to purchase this SFR in Orinda, CA in Contra Costa County. Upon the close of escrow the borrower put his 15 years of experience to work to add 900 SF to the home by building…
Investment Scenario: 788 credit score borrower and long-time business owner was seeking a business purpose 1st TD to purchase this industrial building in Fullerton, CA in Orange County. The subject property was a 12,000 SF industrial building with 3 tenants – 100% occupancy. The building was 12,000 SF. Each unit offered an entrance from East…
Real estate investor/builder was seeking a business purpose construction loan 1st TD on this Rancho Cucamonga permitted and entitled lot that he purchased in Dec. 2019. Funds from our loan were used to payoff an existing lien on the property as well as fund the construction of the approved and permitted project. At completion, the…
Previous successful MVI borrower and highly experienced general contractor was seeking a business purpose 1st TD to purchase this SFR in Orinda, CA in Contra Costa County. Upon the close of escrow the borrower then put his 15 years of experience to work to remodel the kitchen, bathrooms, replace the roof and paint the home. …
Borrower wanted to downsize and purchase 13 Sally Ann Road. SFR in Orinda, CA with cash plus a 1st TD on subject property and cross- collateral property located at 86 Hillcrest Drive, Orinda, CA.Subject Property is a 3 bed/2 bath, 2,221 s.f. SFR sitting on a 19,110 s.f. lot in heart of Glorietta, Orinda, one…