Recent Hard Money Transaction in Stevenson Ranch: $155,000 @ 13.50%, 2nd TD, Cash-Out, Condo, 60.13% CLTV

Business owner sought a $155,000 business purpose 2nd Trust Deed loan on this non-owner-occupied condo residence in Stevenson Ranch, Los Angeles County, CA.  The loan proceeds will be used towards the Borrower’s business, Digital Interiors (digitalinteriors.com), to purchase office equipment and software to improvement automation and revenue.  The parent company of Digital Interiors is B&W…