Loan Purpose Repeat Mortgage Vintage borrower and experienced business owner, sought a business-purpose, non-owner-occupied Blanket 1st/2nd Trust Deed blanket loan to acquire a 17-unit fully occupied multi-family property located on Vermont Avenue in Los Angeles, while cross-collateralizing an existing 5-unit multi-family property on 40th Place in Los Angeles. Loan proceeds will be used to purchase…
Loan Purpose Real estate investor sought a 1st / 2nd TD blanket loan to purchase this investment condo property on the golf course in the Monterey Country Club community of Palm Desert, Riverside County, CA; borrower is using his SFR investment property in San Clemente, Orange County, CA as business purpose cash-out collateral. The 1ST TD on the…
Brief Overview Loan Description: Co-Borrowers, Real Estate Investors and and previous successful MVI Borrowers sought a $1,300,000 Purchase loan to buy a new investment property in Seal Beach, CA. The purchase price is $3.25 Mil. and the borrower is bringing in $1.95 Mil. as a down payment. Subject BPO value came in at $3.42 Mil.…
1. Loan Purpose: Borrower, business owner, and successful Mortgage Vintage borrower sought a Business Purpose purchase 1st Trust Deed loan to purchase this commercial property in San Jacinto. Borrower operates, an e-commerce business that specializes in western apparel and accessories for men, women, and children. In addition to clothing, they also offer pet-related products, catering…
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…
Successful business owner sought a 1st Trust Deed to purchase this owner-occupied, commercial property in North Hollywood, Los Angeles, CA. In addition to our loan, borrower is bringing in $374,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $325,500. The rehab is expected to take about 45…
Borrower sought a 1st TD cash-out bridge loan cross-collateralized on current primary residence ‘Free and Clear” Condo in Culver City, Los Angeles, CA and their future primary residence SFR in San Clemente Orange County, CA. The funds from our loan will be used towards purchasing the San Clemente subject property currently in escrow while they…
Real Estate Investor and business owner-user sought a business purpose loan to purchase this commercial industrial building. Property will be owner-occupied by the borrower’s company which will operate a fully licensed cannabis cultivation and distribution business. This Santa Ana Green Zone Subject Property is a multi-tenant industrial building located in the Dyer Business Park within…
Borrower and business owner sought a business purpose cash-out 1st TD on this free and clear owner-occupied condo in Dana Point, CA in Orange County. Funds from our loan will be used to payoff a business judgment. The subject property is 1,858 condo. The home has 6 total rooms with 3 BR/2.5 BA and a…
Successful wage earner and real estate investor/flipper sought a short-term 1st TD to purchase this SFR investment property in Oroville, CA, rehab it with her own funds, then upon completion in 6-9 months, list and sell it for a quick profit. The borrower plans to put an estimated amount of $70,000 of upgrades into the…
Very successful business owner and real estate investor is seeking a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. Mortgage Vintage facilitated the Seller’s purchase loan on this property 3 years ago. This loan will be replacing Mortgage Vintage’s existing and in good standing 1st Trust Deed with this new…
Successful, repeat Mortgage Vintage borrower and business owner, operator and real estate owner of “Stay Elevated LA” cannabis brand and existing cultivation center in Van Nuys, Los Angeles sought a 1st Trust Deed business purpose cash out loan on this entitled land in Adelanto, San Bernardino County, CA. Borrower’s “skin in the game” to date on…
Very successful real estate investor and business owner of 45 years sougth a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. In addition to our loan, borrower is bringing in $1,290,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $1,051,250. The…
Real estate investor sought a new business purpose purchase 1st TD on this non-owner occupied 3 unit investment property in Los Angeles, CA. The subject property is 2,240 SF contemporary style duplex sitting on a 6,346 SF lot. The home has 15 total rooms with 6 BR/4 BA and a 1-car attached garage. Property consists of…
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…
Successful Mortgage Vintage Borrower, business owner, and real estate investor (Fairbrook Communities, LLC) is seeking a Blanket 1st Trust Deed to purchase two well located lots of undeveloped land in Perris and Menifee in Riverside County. The multi-family development entitlements for both properties should be coming within the next 60 days. The borrower tied up…
Successful Mortgage Vintage Borrowers and real estate investor sought a new business purpose purchase 1st TD on this non-owner occupied investment property in Placentia, CA in Orange County. Funds from our loan will be used to purchase the subject property The subject property is 1,440 SF ranch style SFR sitting on a 7,500 SF lot. …
Real Estate investor sought a new business purpose purchase 1st TD on this non-owner occupied Duplex investment property in Laguna Beach, CA in Orange County. Funds from our loan will be used to purchase the subject property for $1.95 Mil. Borrowers’ Down Payment will be more than $500k. The subject property is 1,914 SF duplex…
Very successful business owner/operator of “Trinity Iron Works” and real estate investor sought a 1st TD to purchase this commercial investment property in Douglas City, Trinity County, CA. Borrower is acquiring this currently vacant commercial property to expand operations for his rapidly growing metal roofing manufacturing and installation business. Borrower is sitting on a large…
Successful Real Estate Investor sought a 1st TD purchase loan for this SFR Non-Owner-Occupied investment property in Palos Verdes Estates, CA. The borrower is recently Divorced which impacted his Credit. The subject property is a classic Mediterranean style SFR, sitting in one of the most sought-after neighborhoods in all of Palos Verdes Estates, Los Angeles County.…
Successful real estate investors/flippers and borrowers sought a 1st TD to purchase this SFR investment property in Joshua Tree, CA. The rehab budget of $60,000 will all be put into funds control – $12,000 of which is the borrowers’ personal ‘skin in the game.’ The borrowers plans to do a complete rehab the property –…
Experienced real estate investors sought a 1st TD Business Purpose Purchase + Rehab for a Fix & Flip in Huntington Beach, Orange County. This transaction will be cross-collateralized with a 1st TD Cash-Out refinance on the Borrower’s primary residence in Buena Park, Orange County. The funds from our loan will be used to purchase the…
Long time successful real estate investor/flipper, business owner and borrower sought a 1st TD to purchase this SFR investment property in Corona, CA. Borrower plans to use $100k in equity from another investment property they own free and clear as a down payment for this property, and then this loan will be used to secure…
Successful Mortgage Vintage borrower and experienced real estate investor sought a 1st TD to purchase this industrial building in the highly sought after Torrance market, Los Angeles, CA. Borrower is bringing $478,500 personal “skin in the game” funds to close. The subject property is a single tenant, gated industrial building with 3,450 SF of rentable…
The borrower sought a 1st TD purchase loan for this SFR Non-Owner Occupied investment property in Temecula, CA. The subject property, known as the “The Big G Ranch”, is a historic Western ranch style SFR, sitting behind the “Cross Creek” golf course in the picturesque wine country of Temecula. The subject property features 5,100 SF of…
Group of experienced real estate investors sought a 1st TD loan to purchase this non-owner occupied, Duplex, investment property in Los Angeles, CA. Borrowers are putting down $115k personal funds “skin in the game” towards the purchase of this investment property. This group of investors have flipped several properties in the greater Los Angeles area…
Borrowers sought a 1st TD loan to purchase this non-owner occupied, SFR rental investment property in Paradise, Solano County, CA. Borrowers are putting down $148k personal funds “skin in the game” towards the purchase of this investment property. Exit strategy is a conventional refinance. The subject property is a contemporary styled, one story SFR with…
30+ years experienced residential developers and borrowers sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com). Borrowers have already built and sold 8 SFRs similar to this subject property in this same “Dorada @ Vista Del…
Previously successful Mortgage Vintage Inc. borrowers, real estate investors and business owners sought a 1st TD to purchase this mixed use, non-owner occupied, commercial & residential investment property in Santa Ana, Orange County, CA. Borrowers own several other properties on the same “Main Street” in Santa Ana, CA. This subject property acquisition is an expansion…
Borrowers sought a 1st and 2nd TD cash-out bridge loan cross-collateralized on their current primary residence SFR in Downey, Los Angeles, CA and their future primary residence SFR in Fullerton, Orange County, CA. The funds from our loan will be used towards purchasing the Fullerton subject property currently in escrow while they are prepping to…