Recently Funded! Hard Money Loan in Paradise: $288,000 @ 12.00%, 1st TD, Cash-Out Refi, SFR, 24.34% CLTV
1. Loan Purpose: Experienced real estate investor and builder sought a 1st Trust Deed on this investment, non-owner occupied brand-new construction SFR located in a Paradise, Butte County, CA. The purpose of this loan is to pay off an existing and in good standing $100K 1st TD maturing and the balance placed into $145K Funds…