Done Deal! Hard Money Loan in Rancho Santa Fe: $2,500,000 @ 14.50%, 2nd TD, Cash-Out, SFR, 54.15% CLTV

Long-time successful CEO business owners and real estate investors sought a 2nd TD on this non-owner-occupied, fully renovated modern ranch styled SFR property. Borrowers residents of exclusive private beach community, “Three Arch Bay” Laguna Beach, bought subject property to renovate and sell for profit. Subject property is a single story SFR with 4,792 SF living…

Recently Funded Hard Money Loan in Rancho Santa Fe: $570,000 @ 12.99%, 2nd TD, Cash-Out, Single Family Residence, 60.46% CLTV

Very successful business owners sought a $570,000 2nd Trust Deed business purpose cash-out loan on this owner-occupied SFR in the coveted neighborhood of Ranch Santa Fe, San Diego County, CA.  Husband is the President of ChemDirect a business consulting firm and Stanford Business School Graduate. Wife is the owner of Ashley David Design; a successful workspace…