Recently Funded Hard Money Loan in Santa Paula: $550,000 @ 9.50%, 1st TD, Cash-Out, 22.00% LTV
Successful real estate investors and business owners sought a business purpose cash-out 1st TD on this free and clear, owner-occupied property to finish rehab on a restaurant they are opening in Summer 2023. The borrowers currently own several investment properties and also own and operate Calabasas Pet Wash. Their next business venture will be called…