Recently Funded Hard Money Land Loan in Temecula: $1,400,000 @ 12.50%, 1st TD, Cash-Out, 17.95% LTV
Repeat MVI borrower, president/owner of downtown San Diego family law practice and real estate investor sought a 1st TD business purpose cash out refinance loan on this 106.16 acres of land in the heart of Temecula’s Winery Region and just 13 minutes east of downtown Temecula in Riverside County, CA. The borrower inherited the property…