Business owner sought a business purpose cash-out 2nd TD on this owner occupied condo in San Francisco, CA. Proceeds from our loan will be used for marketing and improvements to his successful app, Gestureit, which enables CAD editing to be on your mobile device with much more ease. Exit strategy is a consolidation refinance in…
Longtime successful real estate investor sought a business purpose cash-out 2nd TD on this non-owner occupied SFR in San Francisco, CA. Proceeds from our 2nd position loan will be used to do normal ‘wear and tear’ improvements on all his investment properties so that he can maximize rental income. The borrower has a total of…
San Francisco, CA Download Recent Transaction – $165,000.00 Business Purpose Cash Out – San Francisco, CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $165,000 Broker Price Opinion (BPO) $670,000 Occup Owner Occ. Lender Rate 9.00% LTV on Appraisal 24.63% Loan Type Business Purpose Cash Out Amortization Interest Only Due…