Closed! Hard Money Loan in Sacramento: $80,000 @ 11.75%, 2nd TD, Cash-Out, SFR, 52.20% LTV

Successful business consultant sought a small $80,000 2nd Trust Deed cash-out on this beautiful owner occupied SFR in Sacramento, CA. The loan proceeds will be put towards the borrower’s consulting business, which has an increase in customer base. She plans to hire help as well as purchase more marketing materials to maximize revenue. The borrower’s $242,000…

Done Deal! Hard Money Loan 1st TD $150,000 Sacramento, CA – Mortgage Vintage

Borrower is an experienced real estate investor who sought a business purpose 1st TD to purchase this SFR in Sacramento.  The borrower currently makes $5,000 monthly from Airbnb rentals and the estimated rental income for the subject property is $1,710/month, which will more than cover the monthly mortgage payment.  The Purchase Price of the property…