Recently Funded Hard Money Loan in Buena Park: $210,000 @ 12.50%, 2nd TD, Single Family Residence, 55.14 CLTV

Successful Mortgage Vintage Borrower and Real Estate Investor is seeking a Business Purpose Refinance 2nd Trust Deed on this owner occupied property in Buena Park.  This is refinance of an existing loan. The original loan was used to to acquire 8-acres of fully entitled and permitted land in Indio, CA to build a 132 bed…

Closed! Hard Money Loan in Torrance: $130,000 @ 12.25%, 2nd TD, Condo, Cash-Out, 60.26% CLTV

Borrower sought a small business purpose 2nd Trust Deed on this investment townhome located in a gated community in Old Torrance, “Villages on Oak”, Los Angeles County, CA. The purpose of this loan is to remodel borrower’s “Togo’s sandwich restaurant located in Burbank, CA. Borrowers’ 1st mortgage is current with a principal balance of $400K…

Recently Funded Hard Money Loan in Los Angeles: $460,000 @ 12.50%, 2nd TD, Cash-Out, 2-4 Units, 62.13% CLTV

Successful Mortgage Vintage Borrower and Real estate investor is seeking a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. $430k of the funds from our loan will be put into Funds Control to construct  2 fully permitted ADU units in the back of this subject property. Exit strategy…

Done Deal! Hard Money Loan in San Juan Capistrano: $210,000 @ 11.50%, 2nd TD, Cash-Out, Single Family Residence, 56.09% CLTV

1. Loan Purpose: 766 and 795 credit score borrower and Business owner is seeking the 2nd Trust Deed cash-out loan to invest into their business, Citation Capital (website: https://citationcp.com). The existing first mortgage is with Morgan Stanley with a current balance of $1,290,426.65, a current adjustable interest rate of 2.55%. The first mortgage matures December 1,…

Recently Funded Hard Money Loan in Riverside: $140,000 @ 12.25%, 2nd TD, Cash-Out, Single Family Residence, 49.47% CLTV

Borrower sought a business purpose 2nd Trust Deed on this investment rental property in Jurupa Valley, Riverside County, CA.. The purpose of this loan is to pay off an existing $65K 2nd TD and the balance will be invested into borrower’s autobody company. Borrowers’ 1st mortgage is current with a small principal balance of $47,507…

Closed! Hard Money Loan in Los Angeles: $758,000 @ 12.50%, 2nd TD, Cash-Out, 2-4 Unit, 62.22% CLTV

1. Loan Purpose: Successful Mortgage Vintage borrowers and successful real estate investors sought a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. 100% of the funds from our loan proceeds will be put into Funds Control to reconfigure the existing Duplex and add 2 new fully permitted ADU…

Done Deal! Hard Money Loan in Laguna Beach: $1,010,000 @ 13.99%, 2nd TD, Cash-Out, Condo,60.83% CLTV

Borrowers sought a business purpose 2nd Trust Deed on this fully remodeled, ocean-front, owner-occupied condominium in the private community of “Laguna Lido” in Laguna Beach near popular Thousand Steps and Table Rock beaches. The purpose of this loan is to pay off an existing $484K 2nd TD in good standing and the balance will be…

Recently Funded Hard Money Loan in Dublin: $335,000 @ 14.50%, 2nd TD, Refinance, Single Family Residence, 63.10% CLTV

1. Loan Purpose: Successful Mortgage Vintage borrower, business owner and real estate investor seeking a business purpose refinance 2nd TD on this owner occupied SFR in Dublin, Alameda County, CA.  Borrower’s current and in good standing on his conventional 1st TD. The balance is at $1,432,000 and has an interest rate of 3.99%. Funds from…

Recently Funded Hard Money Loan in Dana Point: $1,510,000@ 13.00%, 2nd TD, Cash-Out, Single Family Residence, 60.09% CLTV

Repeat MVI borrower, very experienced 25 years developer and general contractor is sought a 2nd Trust Deed to pay off an existing, in good standing MVI $1.15M 2nd TD and the balance placed in Funds Control to complete this newly renovated 3 level, ocean-view SFR investment property in Capistrano Beach, Orange County, CA. Borrower is refinancing…

Recently Funded Hard Money Loan in Temecula: $386,000 @ 13.00%, 2nd TD, REFI, Single Family Residence, 60.04% CLTV

Successful repeat MVI borrower, experienced real estate owner and general contractor sought a $386K rate and term refinance – no cash out – 2nd TD on one newly remodeled SFR rental property in Temecula, Riverside County and another SFR rental property in Pico Rivera, Los Angeles County CA. The purpose of this blanket loan is to…

Closed! Hard Money Loan in Ventura: $275,000 @ 12.50%, 2nd TD, Cash-Out, Single Family Residence, 59.76% CLTV

Borrowers are seeking a 2nd Trust Deed on this owner occupied and non-owner occupied SFR 2 units (zoned R2) located in Ventura, Orange County, CA. The purpose of this loan is to pay off a small $46K existing 2nd TD in good standing and the balance to invest in borrowers’ wellness business. Borrowers’ 1st mortgage is…

Recently Funded Hard Money Loan in Desert Hot Springs: $1,308,000 @ 15.00%, 1st TD, Cash-Out, Commercial, 30.00% LTV

 Borrower leveraged his assets for speed on this business purpose cash out to invest in a large Real Estate development in Coachella Valley. This 1st Trust Deed offers $3,052,000 in Investor Protective Equity on this “Free and Clear” – no existing debt – subject property. Borrower shows substantial cash reserves and net worth to service…

Closed! Hard Money Loan in Los Angeles: $310,000 @ 13.50%, 1st TD, Cash-Out, Commercial, 48.44% LTV

Real Estate Investor and successful business owner sought a business purpose cash-out 1st TD on this ‘free and clear,’ non-owner-occupied investment mixed-use property in Los Angeles, CA. The subject property is comprised of two side-by-side parcels and is leased out to a cosmetic automotive car detail and improvement shop for a total of $4,500/mo.  A clean…

Done Deal! Hard Money Loan in Laguna Beach: $575,000 @ 11.00%, 2nd TD, Cash-Out, 57.55% CLTV

Borrower sought a 2nd Trust Deed on this Ocean-View Beach Cottage investment SFR located in Laguna Beach, Orange County, CA. The purpose of this loan is to invest in borrowers’ merchant payment processing business. Borrowers’ small 1st mortgage is current with a principal balance of $144,427, a fixed interest rate of 4.75%, P&I payment of…

Recently Funded Hard Money Land Loan in Temecula: $1,400,000 @ 12.50%, 1st TD, Cash-Out, 17.95% LTV

Repeat MVI borrower, president/owner of downtown San Diego family law practice and real estate investor sought a 1st TD business purpose cash out refinance loan on this 106.16 acres of land in the heart of Temecula’s Winery Region and just 13 minutes east of downtown Temecula in Riverside County, CA. The borrower inherited the property…

Closed! Hard Money Commercial Loan in Desert Hot Springs: $1,650,000 @ 15.00%, 1st TD, Cash-Out, 33.33% LTV

Experienced real estate investor and business owner sought a 1st Trust Deed loan on this Free and Clear – no debt – newly constructed 2021 industrial property in a privately gated, 24×7 security guarded complex located in Desert Hot Springs, CA. The purpose of this loan is to complete the interior build-out and subject property…

Recently Funded Hard Money Loan in Los Angeles: $1,860,000 @ 12.00%, 1st TD, Single Family Residence, Cash-Out, 60.00% LTV

Borrower shows substantial cash reserves and net worth to service debt who is the Owner and Founder of “Vista Paint”. Borrower and his business partner, owner of commercial real estate company in Rancho Mirage, both placing personal guarantees on this loan. Loan Purpose: investment into Coachella Valley large development project. Exit plan: pay off this…

Closed! Hard Money Loan in Palm Desert: $775,000 @ 12.50@, 1st TD, Commercial, LTV 25.49%

Very successful borrower who is the Owner and Founder of “Vista Paint” https://www.vistapaint.com/ and experienced real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied improved 1.61-Acre Commercial Zoned Lot operating as a RV dealership with…

Recently Funded Hard Money Loan in Van Nuys: $120,000 @ 11.50%, 2nd TD, Cash-Out, Single Family Residence, 45.48% CLTV

Self Employed General Contractor and business owner sought a business purpose cash-out 2nd TD on this owner-occupied SFR in Van Nuys, Los Angeles County, CA. The loan proceeds will be used to purchase new and upgraded equipment as well as increase marketing for the borrower’s business, MWR Construction Services, as well as payoff a tax…

Done Deal! Hard Money Commercial Loan in Palm Desert: $1,034,000 @ 10.50%, 1st TD, Cash-Out, 55.00% LTV

Paint” https://www.vistapaint.com/ and experienced real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear”, fully occupied commercial investment building. Subject sits just 1 block from the world-famous El Paseo shopping district in Palm Desert. Borrower owns many “free and…

Recent Hard Money Commercial Transaction in Cathedral City: $2,156,050 @ 12.00%, 1st TD, Cash-Out, 53.50% LTV

High net worth borrower to support ability to pay this loan. Personal Guarantee on Loan. Exit: refinance before maturity date of loan. Liquidating cash on this free and clear – no debt – commercial property to purchase additional real estate in area. Very successful borrower who is the Owner and Founder of “Vista Paint” https://www.vistapaint.com/…

Recently Funded Hard Money Land Loan in Moreno Valley: $2,000,000 @ 15.00%, 1st TD, Cash-Out, 25.32% CLTV

Successful MVI Borrowers and Real Estate Developers, https://fairbrook.com/company/, sought a 1st TD to refinance this prime multi-family land in the heart of Moreno Valley, Riverside County, CA with proposed improvements to develop the land into a Multi-Family residential development. The Borrowers acquired this property in 2021 and have since invested a total of $2.8 million…

Closed! Hard Money Loan in Palm Desert: $737,000 @ 10.50%, 1st TD, Commercial, Cash-Out, 55.00% LTV

Very successful borrower who is the Owner and Founder of “Vista Paint” https://www.vistapaint.com/ and experienced real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied commercial investment building just 2 blocks from world-famous El Paseo shopping…

Done Deal! Hard Money Commercial Loan in Palm Desert: $745,500 @ 10.50%, 1st TD, Cash-Out, 55% LTV

Very successful borrower who is the Owner and Founder of “Vista Paint” https://www.vistapaint.com/ and experienced real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied commercial investment building just 2 blocks from world-famous El Paseo shopping…

Recently Funded Hard Money Loan in San Jose: $1,092,000 @ 10.00%, 1st TD, Cash-Out, Single Family Residence, 60.00% CLTV

Business Owner and Real Estate Investor sought a 1st TD cash-out refinance on this non-owner occupied investment property in San Jose, CA. Loan proceeds will be used for cosmetic upgrades to all three of the borrower’s properties as well as capital infusion into the borrower’s biopharmaceutical consulting business. The exit strategy is to refinance into…

Recently Funded Hard Money Loan in La Canada Flintridge: $150,000 @ 12.00%, 2nd TD, Cash-Out, SFR, 41.80% CLTV

Business owner sought a business purpose cash-out 2nd TD on this owner-occupied SFR in La Canada Flintridge, Los Angeles County, CA. All loan proceeds will be put into the borrower’s home ballet business, Caroline Broes Ballet, which has seen a big spike in demand. The borrower plans to upgrade the studio itself as well as…

Done Deal! Hard Money Loan in Perris: $174,000, 2nd TD, SFR, Cash-Out, 60.00% CLTV

Business owner, experienced licensed General Contractor of https://www.floresconstructioninc.com/ sought a business purpose cash-out 2nd TD on this owner-occupied SFR in the “Lake Matthews” neighborhood of Perris, Riverside County, CA. Proceeds from this loan will be used to complete a fix and flip SFR rehab property borrower owns in Yucaipa, CA. Exit strategy: sale of fix and…

Closed! Hard Money Commercial Loan in Palm Desert: $1,292,500 @ 10.50%, 1st TD, Cash-Out, 55% LTV

Owner-founder of “Vista Paint” https://www.vistapaint.com/ and real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied commercial investment building just 2 blocks from world-famous El Paseo shopping district Palm Desert, sits right on the primary traffic…