Done Deal! Hard Money Loan in San Diego: $525,000 @ 12.00%, 2nd TD, Condo, CLTV 59.97%

Borrowers sought a 2nd Trust Deed on this non owner-occupied, investment Condominium located on “Sail Bay” – by Mission Bay – with unobstructed beach, bay and pool views in San Diego, San Diego County, CA. The purpose of this loan is to invest in borrowers’ ophthalmology business. Borrowers’ 1st mortgage is current with a principal…

Closed! Hard Money Construction Loan in Spring Valley, San Diego: $495,000 @ 13.50%, 1st TD, Land, Cash-Out, 60.00% LTV

25 years + very experienced licensed general contractor, real estate investor and home developer throughout the San Diego County area sought a 1st Trust Deed to build an investment SFR in Spring Valley, San Diego County, CA; 13 miles east of downtown San Diego. As soon as complete, the borrower will sell property for profit and…

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…

$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%…