Recent Transaction in Weaverville: $146,250 @ 9.00%, 1st TD, SFR, Cash-Out, 58.50% LTV

Successful business owner/operator of “Trinity Iron Works”, current MVI borrower and real estate investor sought a 1st TD business purpose cash out on this “Free & Clear” SFR in Weaverville, Trinity County, CA. Funds from this loan will go directly towards the purchase of a commercial building real estate acquisition closing soon in escrow. Mortgage…

Recent Hard Money Commercial Loan in Weaverville: $425,000 @ 11.50%, 1st TD, Cash-Out, LTV 56.67%

Successful business owner/operator of “Trinity Iron Works” and real estate investor sought a cash-out 1st TD on this commercial building and two adjacent lots, each with their own electrical/gas/address, to pay-off a small, existing and in good standing $175k 1st TD and 100% of the balance of the funds will be used towards the down-payment purchase…