Recently Funded Hard Money Commercial Loan in Rancho Cucamonga: $2,250,000 @ 13.00%, 1st TD, Cash-Out, 44.91% LTV

30 year plus very experienced, successful commercial real estate investors and business owners of “Vivative Ventures Inc.”, a team of real estate professionals who specialize in revitalizing commercial buildings, sought a 1st Trust Deed refinance loan on this commercial building that is fully entitled, zoned GC – General Commercial in the heart of Rancho Cucamonga, San…

Cash-Out Loan Funded – Rancho Cucamonga

Rancho Cucamonga, CA Download Full Summary Property / Loan Information Property Type Condo Lien Position 1st TD Loan Amount $55,000 Est. Valuation $102,000 Occup Non-Owner Occ. Interest Rate 11.75% LTV on Est. Value 53.92% Loan Type Business Purpose Cash-Out Amortization 30 Year amort/due in 12 months Guaranteed Interest 6 months Loan Scenario: Real Estate Investor/Rehabber and…