Fueling Business Growth and Opportunity When entrepreneurs and business owners encounter expansion opportunities, waiting for traditional bank approval could mean missing out on strategic timing. Take, for instance, an insurance professional in Irvine who had the chance to buy out an insurance franchise. This franchise purchase was a rare opportunity, yet a conventional loan wouldn’t…
Business owners sought a cash-out 2nd TD of this owner occupied Condo in Simi Valley, Ventura County. Proceeds from this loan will be invested into the Borrower’s Allstate Insurance business. Our subject property is a well appointed two-story Condo located in Simi Valley. The subject was built in 1987 and has 1,137 sqft of living space…
Real estate investor was seeking a business purpose cash-out 2nd TD to make improvements to a non-owner occupied SFR investment property in Simi Valley in Ventura County. The subject property is a contemporary style SFR located in Simi Valley in Ventura County. The two-story home is 3,163 SF and sits on a large 10,454 SF…
Real estate investor and 19-year computer technician employee with the same company was seeking a cash-out 2nd TD to invest back into this non-owner occupied Simi Valley SFR in Ventura County. The subject property is a 3,163 sf contemporary designed SFR that sits on a large 10,454 SF corner lot. The property consists of 8…
Simi Valley, CA recent-transaction-2nd-td-investment-property-cash-out-loan-funded-simi-valley-ca Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $65,000 BPO Value $540,000 Occup. Non-Owner Lender Rate 9.50% LTV on BPO 12.04% Loan Type Investment Prop. Cash-Out Amortization Interest Only Due in 6/2017 (Balloon) Gtd. Interest …
Simi Valley, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $350,000 Purchase Price $500,000 Occup Non-Owner Occ. Interest Rate 10.75% LTV on Purch. Price 70.00% Loan Type Rental Purchase Amortization 40 Year amort/due in 3 years Guaranteed Interest 6 months Loan Scenario: Real Estate Investor, previous borrower of Mortgage…
Simi Valley, CA – Funding Now Download Full Summary – Simi Valley, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $350,000 Purchase Price $500,000 Amortization and Term 40 Year amort/due in 3 years LTV on Purchase Price 70.00% Loan Type Fix and Rent Occupancy Non-Owner Occupied Rate for Investor 9.50%…