Recently Funded Fix and Flip in Los Angeles: $353,624

Real estate investor and long-time general contractor was seeking a business purpose purchase loan to Fix & Flip this SFR in Los Angeles.  The loan of choice for this scenario was the “MVI 80/80” fix & flip loan where we provide 80% of the purchase price and 80% of the rehab cost all on one…

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Funded in Carlsbad! “Owner Occupied” Hard Money 2nd TD: $145,500

Business owner was seeking a business purpose cash-out 2nd TD on this owner occupied SFR in Carlsbad.  Funds from our loan were used to payoff an existing 2nd and to purchase a nail salon. The subject property is a traditional style SFR located in Carlsbad in San Diego County.  The two-story home is 2,104 SF…

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Closed! “Owner Occupied” Hard Money Loan: $150,000

Successful business owner was seeking a business purpose cash-out 2nd TD on this beautiful Ojai SFR in Santa Barbara County.  Funds from our new Mortgage Vintage loan were used to invest back into the borrower’s financial company for working capital. The home is a completely remodeled contemporary style SFR with beautiful mountain views.  The subject…

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Done Deal! Recently Closed Private Money 2nd TD: $119,000, 69.97%

Real estate investor was seeking a business purpose cash-out 2nd TD to make improvements to a non-owner occupied SFR investment property in Simi Valley in Ventura County. The subject property is a contemporary style SFR located in Simi Valley in Ventura County.  The two-story home is 3,163 SF and sits on a large 10,454 SF…

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Funded! “Lease Option to Buy” Hard Money Loan in Seal Beach

Real estate investors were seeking a 1st Trust Deed to purchase this Seal Beach SFR as an investment property with the intent to continue the rehab of the property and then either sell the property or conventionally refinance as a rental property once the rehab is complete.  The Borrowers entered into a Lease Option Agreement…

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Closed! “Lease Option to Buy” Hard Money Loan: $1,200,000

Long-time business owner was seeking a business purpose 1st TD to purchase this commercial shopping center in Lompoc, CA in Santa Barbara County.  The borrower has been acting as the property manager of this property since 2015 and is now exercising his right to purchase the property for $1.2M under a Lease Option to Buy…

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Done Deal! Hard Money Commercial Loan in San Clemente: $845,000

Real estate investor, business owner and current MVI borrower sought a rate and term refinance (no cash-out) of his current business purpose 1st TD on a commercial building in San Clemente in Orange County.  Funds from the loan were used to payoff a Mortgage Vintage 1st TD that was performing and matured on 10/1/19. The…

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Recently Closed! “Owner Occupied” Hard Money Loan: $156,000

Business owner needed a business purpose cash-out 1st TD on this owner occupied SFR in Hesperia located in San Bernardino County. Our MVI loan paid-off an existing hard money 1st as well as cash-out for the borrower to invest back into his Premier Dollar retail store in Victorville, CA. The subject was a well-maintained 1,504…

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Done Deal! “Mixed-Use” Hard Money 2nd TD: $264,000, 60.00%

Real estate investor & business owner was seeking a cash-out 2nd TD to payoff existing business debts and invest back into his company. The subject property is a mixed-use commercial property with 4 buildings totaling 5,782 SF.  The main building is a two-story 2,321 SF SFR with an offices and kitchen on the ground floor…

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Funded! Hard Money Loan 2nd TD: $170,000 2nd TD, 57.56%

Long-time business owner needed a business purpose cash-out 2nd TD on this Encinitas investment property in San Diego County.  Funds from our loan were used to make minor improvements so the borrower can increase rent.  Exit strategy from our loan is a conventional refi or a possible sale. The subject is a 3,342 SF split…

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Closed! “Industrial” Hard Money Loan: $850,000, 1st TD, 34.69%

Business owner sought a cash-out 1st TD on this industrial building in Anaheim in Orange County.  Proceeds from our loan paid off an existing Union Bank 1st TD Note that is coming due.  The borrower owns the building and his successful solar business with two business partners. The subject is a single tenant industrial building…

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