Closed! Hard Money Loan in Los Angeles: $758,000 @ 12.50%, 2nd TD, Cash-Out, 2-4 Unit, 62.22% CLTV

Successful Mortgage Vintage borrowers and successful real estate investors sought a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. 100% of the funds from our loan proceeds will be put into Funds Control to reconfigure the existing Duplex and add 2 new fully permitted ADU units in the…

Done Deal! Hard Money Loan in Laguna Beach: $1,010,000 @ 13.99%, 2nd TD, Cash-Out, Condo,60.83% CLTV

Borrowers sought a business purpose 2nd Trust Deed on this fully remodeled, ocean-front, owner-occupied condominium in the private community of “Laguna Lido” in Laguna Beach near popular Thousand Steps and Table Rock beaches. The purpose of this loan is to pay off an existing $484K 2nd TD in good standing and the balance will be…

Done Deal! Hard Money Loan in Laguna Beach: $575,000 @ 11.00%, 2nd TD, Cash-Out, 57.55% CLTV

Borrower sought a 2nd Trust Deed on this Ocean-View Beach Cottage investment SFR located in Laguna Beach, Orange County, CA. The purpose of this loan is to invest in borrowers’ merchant payment processing business. Borrowers’ small 1st mortgage is current with a principal balance of $144,427, a fixed interest rate of 4.75%, P&I payment of…

Done Deal! Hard Money Commercial Loan in Palm Desert: $1,034,000

Paint” https://www.vistapaint.com/ and experienced real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear”, fully occupied commercial investment building. Subject sits just 1 block from the world-famous El Paseo shopping district in Palm Desert. Borrower owns many “free and…

Recently Funded Hard Money Land Loan in Moreno Valley: $2,000,000

Successful MVI Borrowers and Real Estate Developers, https://fairbrook.com/company/, sought a 1st TD to refinance this prime multi-family land in the heart of Moreno Valley, Riverside County, CA with proposed improvements to develop the land into a Multi-Family residential development. The Borrowers acquired this property in 2021 and have since invested a total of $2.8 million…

Closed! Hard Money Loan in Palm Desert: $737,000 @ 10.50%, 1st TD, Commercial, Cash-Out, 55.00% LTV

Very successful borrower who is the Owner and Founder of “Vista Paint” https://www.vistapaint.com/ and experienced real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied commercial investment building just 2 blocks from world-famous El Paseo shopping…

Done Deal! Hard Money Commercial Loan in Palm Desert: $745,500 @ 10.50%, 1st TD, Cash-Out, 55% LTV

Very successful borrower who is the Owner and Founder of “Vista Paint” https://www.vistapaint.com/ and experienced real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied commercial investment building just 2 blocks from world-famous El Paseo shopping…

Done Deal! Hard Money Loan in Perris: $174,000, 2nd TD, SFR, Cash-Out, 60.00% CLTV

Business owner, experienced licensed General Contractor of https://www.floresconstructioninc.com/ sought a business purpose cash-out 2nd TD on this owner-occupied SFR in the “Lake Matthews” neighborhood of Perris, Riverside County, CA. Proceeds from this loan will be used to complete a fix and flip SFR rehab property borrower owns in Yucaipa, CA. Exit strategy: sale of fix and…

Closed! Hard Money Commercial Loan in Palm Desert: $1,292,500 @ 10.50%, 1st TD, Cash-Out, 55% LTV

Owner-founder of “Vista Paint” https://www.vistapaint.com/ and real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied commercial investment building just 2 blocks from world-famous El Paseo shopping district Palm Desert, sits right on the primary traffic…

Closed! Hard Money Loan in Chula Vista: $380,000 @ 12.00%, 2nd TD, SFR, ADU, 51.66% CLTV

Borrowers and business owners sought a $380,000 2nd Trust Deed business purpose cash out loan on this owner occupied SFR property in Chula Vista, San Diego County, CA.  Borrowers own an established home improvement company servicing San Diego county. Funds from this loan will be used to invest in their business and $250K placed into Funds…

Done Deal! Hard Money Commercial Loan in Palm Desert: $1,083,500

Very successful, owner-founder of “Vista Paint” https://www.vistapaint.com/ and real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied commercial investment building just 2 blocks from world-famous El Paseo shopping district Palm Desert, right off the 111…

Recently Funded Hard Money Loan in San Juan Capistrano: $400,000

Successful Mortgage Vintage borrower and long-time business owner sought a business purpose cash-out 2nd TD on this owner-occupied San Juan Capistrano SFR to refinance the existing 2nd and the cash-out funds will be used to invest back into his real estate finance business, Real Estate Finance & Consulting | Citation Capital Partners (citationcp.com) The subject…

Done Deal! Hard Money Loan in Corona Del Mar: $4,000,000 @ 9.75%

Successful Mortgage Vintage borrower, CEO and long-time successful business owner (Burger Busters, Inc.), burgerbusters.com,  sought a cash-out business purpose 1st TD on this non-owner occupied property located in the exclusive Cameo Shores neighborhood in Corona Del Mar, CA.  BurgerBusters Inc. currently owns and operates 82 Taco Bell restaurants; including 74 free-standing Taco Bell restaurants, 5 Taco…