1. Loan Purpose: Borrower and real estate investor sought a $345,000 2nd Trust Deed business purpose cash out loan on this non-owner-occupied, recently renovated and fully tenant occupied, detached duplex investment rental property in Duarte, Los Angeles County, CA. The city of Duarte is located 15 minutes east of Pasadena, CA. The funds from this…
CEO/Founder of Sterogene Bioseparations, Inc. https://sterogene.com/company/ a biotech-pharmaceutical company and real estate owner sought a business purpose cash out loan on an owner-occupied SFR in Rancho Santa Fe and an investment rental condominium in Carlsbad, both in San Diego County. The purpose of this blanket loan is to pay off borrowers current and in good…
Successful Mortgage Vintage Borrower and Real Estate Investor is seeking a Business Purpose Refinance 2nd Trust Deed on this owner occupied property in Buena Park. This is refinance of an existing loan. The original loan was used to to acquire 8-acres of fully entitled and permitted land in Indio, CA to build a 132 bed…
Borrower sought a small business purpose 2nd Trust Deed on this investment townhome located in a gated community in Old Torrance, “Villages on Oak”, Los Angeles County, CA. The purpose of this loan is to remodel borrower’s “Togo’s sandwich restaurant located in Burbank, CA. Borrowers’ 1st mortgage is current with a principal balance of $400K…
Successful Mortgage Vintage Borrower and Real estate investor is seeking a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. $430k of the funds from our loan will be put into Funds Control to construct 2 fully permitted ADU units in the back of this subject property. Exit strategy…
1. Loan Purpose: Repeat successful MVI borrowers are seeking a 2nd TD rate and term business purpose loan of this owner occupied SFR in Aguora Hills, Los Angeles County, CA. The purpose of this loan is to pay off a $200K MVI loan that is maturing. The current and in good standing 1st TD is $532,904…
1. Loan Purpose: 766 and 795 credit score borrower and Business owner is seeking the 2nd Trust Deed cash-out loan to invest into their business, Citation Capital (website: https://citationcp.com). The existing first mortgage is with Morgan Stanley with a current balance of $1,290,426.65, a current adjustable interest rate of 2.55%. The first mortgage matures December 1,…
Borrower sought a business purpose 2nd Trust Deed on this investment rental property in Jurupa Valley, Riverside County, CA.. The purpose of this loan is to pay off an existing $65K 2nd TD and the balance will be invested into borrower’s autobody company. Borrowers’ 1st mortgage is current with a small principal balance of $47,507…
1. Loan Purpose: 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…
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…
1. Loan Purpose: Successful Mortgage Vintage borrower, business owner and real estate investor seeking a business purpose refinance 2nd TD on this owner occupied SFR in Dublin, Alameda County, CA. Borrower’s current and in good standing on his conventional 1st TD. The balance is at $1,432,000 and has an interest rate of 3.99%. Funds from…
Repeat MVI borrower, very experienced 25 years developer and general contractor is sought a 2nd Trust Deed to pay off an existing, in good standing MVI $1.15M 2nd TD and the balance placed in Funds Control to complete this newly renovated 3 level, ocean-view SFR investment property in Capistrano Beach, Orange County, CA. Borrower is refinancing…
Successful repeat MVI borrower, experienced real estate owner and general contractor sought a $386K rate and term refinance – no cash out – 2nd TD on one newly remodeled SFR rental property in Temecula, Riverside County and another SFR rental property in Pico Rivera, Los Angeles County CA. The purpose of this blanket loan is to…
Borrowers are seeking a 2nd Trust Deed on this owner occupied and non-owner occupied SFR 2 units (zoned R2) located in Ventura, Orange County, CA. The purpose of this loan is to pay off a small $46K existing 2nd TD in good standing and the balance to invest in borrowers’ wellness business. Borrowers’ 1st mortgage is…
Borrower leveraged his assets for speed on this business purpose cash out to invest in a large Real Estate development in Coachella Valley. This 1st Trust Deed offers $3,052,000 in Investor Protective Equity on this “Free and Clear” – no existing debt – subject property. Borrower shows substantial cash reserves and net worth to service…
Real Estate Investor and successful business owner sought a business purpose cash-out 1st TD on this ‘free and clear,’ non-owner-occupied investment mixed-use property in Los Angeles, CA. The subject property is comprised of two side-by-side parcels and is leased out to a cosmetic automotive car detail and improvement shop for a total of $4,500/mo. A clean…
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…
Repeat MVI borrower, president/owner of downtown San Diego family law practice and real estate investor sought a 1st TD business purpose cash out refinance loan on this 106.16 acres of land in the heart of Temecula’s Winery Region and just 13 minutes east of downtown Temecula in Riverside County, CA. The borrower inherited the property…
Experienced real estate investor and business owner sought a 1st Trust Deed loan on this Free and Clear – no debt – newly constructed 2021 industrial property in a privately gated, 24×7 security guarded complex located in Desert Hot Springs, CA. The purpose of this loan is to complete the interior build-out and subject property…
Borrower shows substantial cash reserves and net worth to service debt who is the Owner and Founder of “Vista Paint”. Borrower and his business partner, owner of commercial real estate company in Rancho Mirage, both placing personal guarantees on this loan. Loan Purpose: investment into Coachella Valley large development project. Exit plan: pay off this…