Recently Funded Hard Money Loan – San Diego: $500,000, 1st TD, 68.97% LTV, 10.00% Lender Rate

Real estate investor was seeking a cash-out 1st TD on this free-and-clear San Diego investment property.  The borrower inherited this property from his mom and intends to remodel the home, and, in turn, garner maximum rental income via Airbnb.com. Currently the subject is a single-story SFR with 1,350 SF of living space and 7 total…

Cash-Out Loan Funded – San Diego, CA

San Diego, CA Download Full Summary Property / Loan Information Property Type Land Lien Position 1st TD Loan Amount $270,000 Estimated Value $900,000 Occup Non-Owner Occ. Interest Rate 13.50% LTV on Est. Value 30.00% Loan Type Business Purpose Cash Out Amortization Interest Only due in 24 mos. Guaranteed Interest 6 months Loan Scenario: Real Estate Investor looking for a cash-out…

$100,000 2nd Trust Deed at 12.50% – Carlsbad, CA

Carlsbad, CA – Funding Now Download Full Summary – Carlsbad, CA Property / Loan Information Property Type SFR Lien Position 2nd Trust Deed Trust Deed Amount $100,000 BPO Value $1.10Mil Amortization and Term 40 Year amort/due in 42 mos. CLTV on Appraised Value 55.00% Loan Type Business Purpose Cash-Out Occupancy Owner Occupied Rate for Investor 12.50%…