Recently Funded Hard Money Loan in Santa Ana, CA for $260,650

Recent Transaction – $260,650 Business Purpose Purchase, Santa Ana, CA Previous successful Mortgage Vintage borrower and experienced fix and flip professional was seeking a business purpose 1st Trust Deed to purchase this HUD owned Santa Ana property. Borrower owns multiple investment properties in and around Santa Ana in Orange County. Subject Property is a single-story,…

Recently Funded Hard Money Loan in Santa Ana for $200,000

Recent Transaction – $200,000 Business Purpose Purchase, Santa Ana CA Previous successful Mortgage Vintage borrower and experienced fix and flip professional was seeking a business purpose 1st Trust Deed to purchase these 2 properties in Santa Ana.  Borrower is a successful home builder and Realtor in Santa Ana and owns multiple investment properties in Orange County.…

Recently Funded Hard Money Loan in Santa Ana, CA for $390,000

Good credit Real Estate Investor looking to cash – out to fund continued construction of multiple single family homes for a real estate investment project in Anaheim.  Borrower purchased subject property in 2011 and currently operates California Team Realty office out of the space.  Borrower is an experienced fix and flip investor and developer. Borrower improved…

Recent Transaction in Santa Ana – Business Purpose Purchase

Santa Ana, CA   Download Recent-Transaction-Business-Purpose-Purchase-Santa-Ana-CA   Property / Loan Information Property Type Commercial Lien Position 1st TD Loan Amount $800,000 Appraised Value $1,705,000 Occup Non-Owner Occ. Lender Rate 9.50% LTV on Appraised Value 46.92% Loan Type Business Purpose Purchase Amortization Interest Only Due in 3 years Guaranteed Interest 180 days   Loan Scenario: 666…