Done Deal! Hard Money ADU Loan: $345,000 @ 12.50%, 2nd TD, Cash-Out, 2-4 Unit, 53.59% CLTV

Brokers, Duarte, Recent Transactions, Stanton, Success Stories, Sylmar, Taft, Temecula, Thermal, Thousand Oaks, Trust Deed Opportunities, Tuolumne County, TustinLeave a comment

1. Loan Purpose: Borrower and real estate investor sought a $345,000 2nd Trust Deed business purpose cash out loan on this non-owner-occupied, recently renovated and fully tenant occupied, detached duplex investment rental property in Duarte, Los Angeles County, CA. The city of Duarte is located 15 minutes east of Pasadena, CA. The funds from this…

Fix and Flip in Placerville, California

Success Stories

Before After On August 25, 2016, Mortgage Vintage, Inc., borrowers and successful professional contractors effectively sold the subject property located at 1812 Mary Court in Placerville, CA, for $399,000, obtaining a nice net profit after having initially purchased the subject property for $139,000 and spending approximately $129,000 rehabbing the subject property