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 Tustin: $195,000 @ 13.50%

Successful business owners sought a small $195K 2nd Trust Deed business purpose cash out loan on this beautiful SFR in Tustin, CA. 100% of the loan proceeds will be used to upgrade and expand borrowers’ Investment Banking Company, Teleios Capital Group LLC. https://www.teleioscapital.com The borrowers’ 1st mortgage is current and in good standing with a principal balance…

Recent Transaction in Tustin, CA – Business Purpose Purchase

Tustin, CA Download $981,750 1st Trust Deed Funded, Tustin, CA Property / Loan Information Property Type Single Family Residence Lien Position  1st TD Loan Amount $981,750 Appraised Value $1,305,900 Occup Non-Owner Occ. Lender Rate 9.50% LTV on Purchase Price 75.17% Loan Type Business Purpose Purchase Amortization Interest Only Due in3 years Guaranteed Interest 6 months      …