Brief Overview Trust Deed Description Real estate investors sought a $235,000 business purpose 2nd Trust Deed loan on this non-owner occupied fully renovated multifamily investment property in San Bernardino, San Bernardino County, CA. The borrowers will be using the loan proceeds to convert a 4 car garage into 2 ADUs to make it a 6 unit…
Brief Overview Loan Purpose: The borrower sought a $500,000 2nd Trust Deed secured by a single-family residence in Los Angeles. Loan proceeds will be used to complete the landscaping phase of a construction project, which includes an outdoor kitchen, hardscape, irrigation, lighting, and other exterior improvements. The full construction budget of $500,000 will be held…
Executive Summary Real estate investors sought a 1st TD business purpose cash-out refinance loan to build an investment SFR in a gated community, “Scenic Bend Estates” in Modesto, Stanislaus County, CA. The purpose of this loan is to pay off an in good standing, on time payment history 1st TD and the balance placed in Funds…
1. Loan Purpose: Real estate investors sought a 2nd Trust Deed on this non-owner-occupied property in, Hancock Park, Los Angeles. Borrowers purchased the property in 2020 and paid $375k on Down Payment and have spent $874k to date on the horizontal and vertical development. The borrowers own a family-owned and operated Real Estate Development firm,…
Loan Purpose: Successful Mortgage Vintage Borrower sought this 1st TD cash-out loan on this recently purchased Free and Clear SFR plus ADU and JADU in Santa Ana. Loan proceeds on this Free and Clear property will be used to complete the current renovation, adding an ADU and JADU to the existing single-family residence. 2. Property…
Successful repeat Mortgage Vintage Borrower with a 732 Fico score, sought this 1st TD to complete construction of a single family residence in the City of Riverside. Construction of the property is approximately 40% complete company and the loan proceeds will be used to complete the remaining 60% and pay off a current $67,500 purchase…
Successful Mortgage Vintage Borrower, developer, and real estate investor and his partner sought a new business purpose 2nd TD construction loan to complete the construction of the SFR with an ADU and Junior ADU. The project is a permitted and entitled parcel in Santa Ana, CA . This funds controlled construction loan will allow the…
Borrowers/realtor sought a 1st TD business purpose cash out loan to remodel this “free and clear”, non-owner-occupied investment SFR property in Perris, Riverside County, CA. Funds will be placed into Funds Control to fully remodel this SFR; project managed by a licensed General Contractor. Exit strategy: conventional refinance once complete. The subject property is a single…
Successful Mortgage Vintage borrower, real estate investor, and developer sought to finish the construction short term blanket 2nd TD on three non-owner occupied 3-unit investment properties in Orange County. Proceeds from the loan will be used to complete the construction of the 3 unit properties. 1513 W. Civic Center Dr.: is a 2,815 sf 3-unit property…
Very experienced 25 years + as property developer-owner, licensed general contractor and real estate investor with own RE portfolio of rental investment properties sought a 2nd Trust Deed to pay off an existing, in good standing 250K equity line and the balance will be placed in Funds Control to complete final finishing build on this 3…
25 years + very experienced licensed general contractor, real estate investor and home developer throughout the San Diego County area sought a 1st Trust Deed to build an investment SFR in Spring Valley, San Diego County, CA; 13 miles east of downtown San Diego. As soon as complete, the borrower will sell property for profit and…
3x Successful Mortgage Vintage borrowers and 30+ years experienced residential developers 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 55+ SFRs similar to this subject property in this same…
Very successful and experienced real estate investor of 20 + years, developer and President-Owner of privately held real estate acquisition, redevelopment and investment management company sought a 1st Trust Deed to build two SFRs on these two adjacent land parcels in Chula Vista, San Diego County, CA. Borrower had invested $520,000 “skin in the game” to…
Borrower is an Attorney and Partner at AALRR law firm in Pasadena, CA Borrower earns estimated $289K annual income from law practice. Borrower also had approx. $489K liquid assets which include $354K in retirement accounts. Borrower projects $34,800 monthly rental income from this sought after “Mid-Wilshire” location Four-Plex investment property when Two ADUs expansion completed.…
Successful real estate investor and business owner sought a 1st Trust Deed refinance with Funds Control on these two tentatively entitled residential parcels totaling 244.67 acres known as “Wilshire Road”. These two parcels are portions of the Phase 1 residential development of the much larger 1,375 acres approved “Rancho Lucerne Master Plan” development in Lucerne Valley,…
3x Successful Mortgage Vintage borrowers and 30+ years experienced residential developers 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 55+ SFRs similar to this subject property in this same…
Successful Mortgage Vintage Borrower, developer, and real estate investor and his partner sought a new business purpose 1st TD construction loan on this free and clear, permitted and entitled parcel in Santa Ana, CA. This funds controlled construction loan will allow the experienced and well known Developer to build a non-owner occupied investment property in…
Successful Mortgage Vintage borrower, real estate investor and developer sought a cash-out 2nd TD on this non-owner occupied 3-unit investment property in Orange County. Proceeds from the loan will be used to complete construction of the triplex. Until recently, the subject was a 1,471 Sq Ft Single Family Residence. The funds from our loan will be…
Successful business owners sought a business purpose cash-out 2nd TD on this owner occupied SFR in Newport Beach, Orange County, CA. The loan proceeds will be used to support the expansion of the borrower’s growing Telemedicine business “Pioneer Technologies Solutions” and the balance of the funds will be held in funds control and used to…
Very successful 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 ground up construction loan to expand borrower’s own cultivation operations as well as generate rental income from other cannabis businesses in what will be this newly constructed…
20 years experienced real estate investor sought a 1st TD to replace an older rental manufactured SFR which has been removed from borrower’s land and is being replaced with a brand, new prefab investment property SFR that will be permanently affixed to borrower’s land by a licensed GC. The purpose of this loan is to…
30+ years experienced residential developers and borrowers are 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 55 SFRs similar to this subject property in this same “Dorada @ Vista…
30+ years experienced residential developers and borrowers are 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 55 SFRs similar to this subject property in this same “Dorada @ Vista…
Successful Mortgage Vintage Borrower and Real estate investor sought a business purpose cash-out 1st TD on this non-owner occupied investment property in Santa Ana, CA in Orange County. Borrower purchased the property in Sept. 2021 for all cash and the funds from our loan will be used to improve property and add an ADU and…
Real estate investor 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 back of this subject property. Exit…
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…
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…
Experienced real estate investor and cannabis business owner sought a 1st TD cash-out loan on this “Free & Clear” fully-entitled, CUP permitted, city approved commercial 18 lot subdivide on Koala Road, in Adelanto, San Bernardino County, CA. The borrower is also cross-collateralizing “Free & Clear” land that is pending final fully-entitled, CUP permitted, city approved…
Borrower sought a 1st TD to pay-off current and in good standing $645k 1st TD and the balance of the funds will be held in Funds Control to complete the remodel of this subject property located in the city of West Hills, Los Angeles County, CA. Exit strategy is to pay off our loan from…
Borrowers sought a 1st TD loan to complete construction on this non-owner occupied “free & clear” SFR and land property in Ripon, San Joaquin County, CA. Borrowers have 657k “skin in the game”. Borrowers purchased the land free and clear in 2020 for 260k and have invested 397k personal funds to date on the major…