Recently Funded Hard Money Loan – Pipes Canyon: $300,000, 1st TD, 46.15% LTV, 11.50% Lender

Borrower and long-time business owner, architect and designer was seeking a cash-out 1st TD loan to rehab this SFR in Pipes, CA in San Bernardino County near historic Pioneertown.  At completion, the subject will be a signature “Case Study” mid-century modern home designed by the borrower. Subject will consist of 5 total rooms and 2BR/2.5BA. …