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

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…

Recently Funded Hard Money Loan in Thousand Oaks, CA for $55,000

Thousand Oaks, CA Download Recent Transaction – $55,000.00 Business Purpose Cash Out – Thousand Oaks, CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $55,000 Broker Price Opinion (BPO) $680,000 Occup Owner Occ. Lender Rate 10.00% LTV on Appraisal 8.08% Loan Type Business Purpose Cash Out Amortization Interest Only Due…