Done Deal! Hard Money Fix and Flip in Joshua Tree: $284,000 @ 10.00%, 1st TD, Purchase, SFR, 64.55% LTV

Successful real estate investors/flippers and borrowers sought a 1st TD to purchase this SFR investment property in Joshua Tree, CA. The rehab budget of $60,000 will all be put into funds control – $12,000 of which is the borrowers’ personal ‘skin in the game.’ The borrowers plans to do a complete rehab the property –…

Recently Funded Hard Money Blanket Loan in Huntington Beach and Buena Park: $710,160 @ 9.50%, 1st TD, Condo and SFR, Purchase of Subject + Refi on Cross, 65.00% LTV on Subject, 61.78% on Cross

Experienced real estate investors sought a 1st TD Business Purpose Purchase + Rehab for a Fix & Flip in Huntington Beach, Orange County.  This transaction will be cross-collateralized with a 1st TD Cash-Out refinance on the Borrower’s primary residence in Buena Park, Orange County. The funds from our loan will be used to purchase the…

Done Deal! Hard Money Construction Loan in Adelanto: $2,500,000 @ 14.50%, 1st TD, Commercial, Cannabis, 20.83% LTV

Very successful business owner, operator and real estate owner of “Stay Elevated LA” cannabis brand and existing cultivation center in Van Nuys, Los Angeles sought a 1st Trust Deed ground up construction loan to expand borrower’s own cultivation operations as well as generate rental income from other cannabis businesses in what will be this newly constructed…

Recently Funded Hard Money Loan in Stockton: $57,000 @ 9.00%, 2nd TD, Cash-Out, SFR, 70.00% CLTV

Successful Mortgage Vintage borrower and Business owner sought a new business purpose cash-out 2nd TD on this non-owner occupied investment property in Stockton, CA in San Joaquin County.  Funds from our loan will be used to make improvements to the existing property in preparation to sell it. The subject property is 2,533 SF ranch-style SFR…

Recent Transaction in Newport Beach: $820,000 @ 7.25%, 1st TD, SFR, 48.24% LTV

Successful Mortgage Vintage borrower sought a business purpose cash-out 1st TD on this owner-occupied property in Newport Beach, Orange County, CA.  Funds from our loan will be used to provide additional working capital for a growing Gaming business opportunity, Innovative Marketing Concepts, Inc.  This new loan will provide additional cash out for the business and…

Closed! Hard Money Cannabis Loan in Miranda: $250,000 @ 11.00%, 2nd TD, SFR & Land, 37.42% CLTV

Real estate investors and experienced business owners sought  a 2nd TD business purpose cash out loan on this mixed-use investment property in Miranda, Humboldt County, CA. Borrowers existing 6% interest, 1st TD of $461K is current and in good standing. The funds from this loan will be used for an immediate capital infusion into the expansion…

Recent Transaction in Santa Ana: $585,000 @ 8.50%, 1st TD, Cash-Out, SFR, 65.00% LTV

Highly successful Real Estate Investor and previous Mortgage Vintage borrower sought a cash-out refinance 1st TD on this mixed use office/residential condominium property in Santa Ana, CA in Orange County.  The property is currently and has since inception being used as the Headquarters for Caboraca Investments, Inc.  which is a Real Estate Brokerage and Construction…

Recently Funded Hard Money Loan in Riverside: $100,000 @ 6.50%, 1st TD, SFR, Cash-Out, 17.27% LTV

Long time successful real estate investor and business owner sought a cash-out 1st TD on this Riverside home to use as a down payment for the purchase of another investment property in Corona. All proceeds from this loan will be going straight to escrow for the purchase of the Corona property. Borrower is going to Fix…

Done Deal! Hard Money Construction Loan in Pioneertown: $861,250 @ 10.50%, 1st TD, ADU, Cash-Out, 63.80% LTV

Borrower and long-time business owner, architect, and designer sought a cash-out 1st TD to build an ADU on the subject property in historic Pioneertown, CA in San Bernardino County. The ‘Modern Wolfden,’ as the borrower calls it, will be a custom-built, modern 2 bedroom / 2 bathroom ADU with added privacy but also distinguished views…

Recent Hard Money Purchase in Torrance: $1,116,500 @ 9.50%, 1st TD, Commercial Building, 70.00% LTV

Successful Mortgage Vintage borrower and experienced real estate investor sought a 1st TD to purchase this industrial building in the highly sought after Torrance market, Los Angeles, CA. Borrower is bringing $478,500 personal “skin in the game” funds to close. The subject property is a single tenant, gated industrial building with 3,450 SF of rentable…

Closed! Hard Money Loan in Palm Springs: $400,000 @ 9.500%, 2nd TD, SFR, Cash-Out, 49.60% CLTV

Borrower and experienced real estate investor sought a business purpose 2nd TD to payoff an existing 2nd mortgage and cash-out to upgrade and improve the subject Non-Owner Occupied property to increase its value and appeal. The subject is located on a corner lot in the historic Tennis Club in central Palm Springs in Riverside County,…

Recently Funded Hard Money Loan in Los Angeles: $1,800,000 @ 7.25%, 1st TD, Cash-Out, Multi-Family, 55.73% LTV

Borrower and successful real estate investor sought a 1st TD cash-out refinance on this 19-unit multi-family property in Los Angeles, CA.  The borrower has multiple real estate investment properties in the Southern California area. They were looking to refinance the existing TD and also take out some cash to do numerous repairs and improvements to…

Recent Transaction in Los Angeles: $1,650,000 @ 7.25%, 1st TD, Cash-Out, Multi-Family, 56.90% LTV

Borrower and successful real estate investor sought a 1st TD cash-out refinance on this 13-unit multi-family property in Los Angeles, CA.  The borrower has multiple real estate investment properties in the Southern California area. They refinanced the existing TD and also took out some cash to do numerous repairs and improvements to the property to…

Done Deal! Hard Money Loan in Pacific Palisades: $500,000 @ 10.00%, 2nd TD, SFR, Cash-Out, 69.81% CLTV

Successful long-time business owners sought a business purpose cash-out 2nd TD on this owner occupied SFR in the beautiful Pacific Palisades in Los Angeles county. The funds from our loan will be utilized for capital investment into their law practice, Pacific Legacy Law. Over the past year, the practice has gotten significantly busier and a…

Closed! Hard Money Purchase Loan in Temecula: $1,100,850 @ 10.00%, 1st TD, SFR, 61.50% LTV

The borrower sought a 1st TD purchase loan for this SFR Non-Owner Occupied investment property in Temecula, CA. The subject property, known as the “The Big G Ranch”, is a historic Western ranch style SFR, sitting behind the “Cross Creek” golf course in the picturesque wine country of Temecula. The subject property features 5,100 SF of…

Recently Funded Hard Money Construction Loan in Los Angeles: $400,000 @ 9.50%, 2nd TD, ADU, SFR, 60.47% CLTV

Real estate investor is 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 will be put into Funds Control to build 2 fully permitted ADU units in the back of this subject property. Exit strategy from our loan is a…

Closed! Hard Money Loan in Apple Valley: $488,988 @ 10.50%, 1st TD, SFR, 8.00% LTV, Cash-Out

30+ years experienced residential developers and borrowers are sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com).  Borrowers have already built and sold 55 SFRs similar to this subject property in this same “Dorada @ Vista…

Recently Funded Hard Money Construction Loan in Apple Valley: $466,962 @ 10.50%, 1st TD, SFR, 79.82% LTV, Cash-Out

30+ years experienced residential developers and borrowers are sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com). Borrowers have already built and sold 55 SFRs similar to this subject property in this same “Dorada @ Vista…

Done Deal! Hard Money Loan in Redlands: $1,470,000 @ 9.50%, 1st TD, Hotel, Cash-Out, 60.00% LTV

Successful hospitality business owners sought a 1st TD Business Purpose Cash-Out refinance on their multi-million dollar Motel 7 West in Redlands, CA. The borrower’s family have owned this property since 1982.  Proceeds from the loan will pay off an existing $650,000 1st TD, provide funds to paint the property and slurry the parking lot and also pave…

Closed! Hard Money Cannabis Loan in Adelanto: $550,000 @ 15.75%, 2nd TD, Cash-Out, Commercial, 55.00% CLTV

Mortgage Vintage borrower is seeking a $550k business purpose 2nd TD on this commercial building in Adelanto, CA. Borrower’s recent $5.5M 1st TD is current and held by Mortgage Vintage. 100% funds from this 2nd TD will be used towards purchasing another high output cultivation system to maximize production and meet borrower’s climbing product demand.…

Recently Funded Hard Money Loan in Perris: $270,000 @ 10.75%, 2nd TD, Cash-Out, SFR, 60.73% CLTV

Experienced real estate investor sought a business purpose 2nd TD cash-out on this ranch rental investment property in Perris, CA. Borrower’s current $7.25M combined market value investment property portfolio with only $2.50M in combined mortgage debt is documented in their Schedule of Real Estate located in investor dropbox file. Funds from our loan proceeds will…