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…

Closed! Hard Money Loan in Chula Vista: $380,000 @ 12.00%, 2nd TD, SFR, ADU, 51.66% CLTV

Borrowers and business owners sought a $380,000 2nd Trust Deed business purpose cash out loan on this owner occupied SFR property in Chula Vista, San Diego County, CA.  Borrowers own an established home improvement company servicing San Diego county. Funds from this loan will be used to invest in their business and $250K placed into Funds…

Done Deal! Hard Money Commercial Loan in Palm Desert: $1,083,500

Very successful, 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, right off the 111…

Recently Funded Hard Money Loan in San Juan Capistrano: $400,000

Successful Mortgage Vintage borrower and long-time business owner sought a business purpose cash-out 2nd TD on this owner-occupied San Juan Capistrano SFR to refinance the existing 2nd and the cash-out funds will be used to invest back into his real estate finance business, Real Estate Finance & Consulting | Citation Capital Partners (citationcp.com) The subject…

Done Deal! Hard Money Loan in Corona Del Mar: $4,000,000 @ 9.75%

Successful Mortgage Vintage borrower, CEO and long-time successful business owner (Burger Busters, Inc.), burgerbusters.com,  sought a cash-out business purpose 1st TD on this non-owner occupied property located in the exclusive Cameo Shores neighborhood in Corona Del Mar, CA.  BurgerBusters Inc. currently owns and operates 82 Taco Bell restaurants; including 74 free-standing Taco Bell restaurants, 5 Taco…

Closed! Hard Money Loan in Perris: $2,084,800 @ 16.00%, 1st TD, Land, Cash-Out Refi, 25.00% LTV

Successful Mortgage Vintage Borrower, business owner, and real estate investor (Fairbrook Communities, LLC) sought a Blanket 1st Trust Deed loan to pay off an existing 1st Trust Deed and provide capital to finish entitlements for two well-located sites of undeveloped land in Perris in Riverside County. The multi-family development entitlements for both properties should be…

Done Deal! Hard Money Loan in Fresno: $127,250 @ 13.00%, 2nd TD, SRF, Cash-Out, 57.44% CLTV

Real estate investor sought a business purpose cash-out 2nd TD on this non-owner-occupied SFR in Fresno, CA. Proceeds from our loan will be used for minor upgrades to one of borrower’s other investment properties. Borrower owns several SFR rental investment properties in Fresno. Exit strategy: sale of investment property. The subject property sits in a…

Done Deal! Hard Money Loan in Rancho Santa Fe: $2,500,000 @ 14.50%

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…

Closed! Hard Money Loan in Los Angeles: $365,000 @ 12.50%

Business owners sought a $365,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Los Angeles, Los Angeles County, CA.  Loan proceeds will be used for Borrower’s business, Powerfade Marketing, LLC (https://powerfademarketing.com).  A Powerfade P&L for 2023 is in the CTD Due Diligence File and shows a company Net Income of $405k.…

Done Deal! Hard Money Commercial Purchase in North Hollywood: $604,500 @ 12.00%, 1st TD, 65.00% LTV

Successful business owner sought a 1st Trust Deed to purchase this owner-occupied, commercial property in North Hollywood, Los Angeles, CA. In addition to our loan, borrower is bringing in $374,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $325,500. The rehab is expected to take about 45…

Recent Hard Money Transaction in Perris: $325,000 @ 12.00%

Borrowers/realtor sought a 1st TD business purpose cash out loan to remodel this “free and clear”, non-owner-occupied investment SFR property in Perris, Riverside County, CA. Funds will be placed into Funds Control to fully remodel this SFR; project managed by a licensed General Contractor. Exit strategy: conventional refinance once complete. The subject property is a single…