Recent Hard Money Purchase in Twentynine Palms: $120,000 @ 10.00%, 1st TD, Cash-Out, 75.00% LTV
Successful, previous Mortgage Vintage borrower and experienced “fix & flip” and “fix & rent” real estate investor sought a 1st TD Purchase Loan on this non-owner occupied, SFR investment property in Twentynine Palms, San Bernardino County, CA. Borrower is bringing in $37,500K “skin in the game” cash to close plus investing additional personal funds and…