Funded! “Lease Option to Buy” Hard Money Loan in Seal Beach: $967,000, 1st TD, 53.87% LTV, 7.25% Lender Rate
Real estate investors were seeking a 1st Trust Deed to purchase this Seal Beach SFR as an investment property with the intent to continue the rehab of the property and then either sell the property or conventionally refinance as a rental property once the rehab is complete. The Borrowers entered into a Lease Option Agreement…