Loan Summary Borrower sought a 2nd TD business purpose cash out refinance on this owner occupied condo in the “Faubourg St. Denis” luxury boutique 22-unit condo complex in the highly desirable Hancock Park / Mid-Wilshire / Beverly Hills area of Los Angeles. The loan proceeds will be used to pay off an existing and in good…
Loan Purpose Refinance and consolidate existing debt secured by 1820 W. Martin Luther King Jr. Blvd. Business-purpose cash-out loan structured as non-owner occupied Loan proceeds primarily used to pay off existing first and second liens Limited net cash to borrower after payoff, fees, and prepaid interest Structured as a short-term bridge rather than a construction…
The borrower is a seasoned technology executive who previously served as Senior Vice President and held senior leadership roles at Dell. The loan request is a 2nd TD business purpose loan on a owner-occupied SFR estate property located in Woodside, California, one of the most prestigious and supply-constrained residential markets in Silicon Valley. The property has…
Loan Purpose Business owner sought a $250,000 business purpose 1st Trust Deed cash out loan on this “free and clear” – no debt – non owner occupied rental SFR property in Brea, Orange County. The borrower will be using the loan proceeds to reinvest into their food truck business. Property Description The subject property is a…
Business owner sought a 1st Trust Deed business-purpose cash-out loan on a free-and-clear, non-owner-occupied newly constructed barn-style residence estate designed for weddings and entertainment events in the wine country of Santa Rosa, Sonoma County, CA. The property currently has no existing debt. Loan proceeds will be used to buy out the borrower’s partner from the…
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 Repeat successful Mortgage Vintage borrower and real estate investor sought a 2nd TD business purpose loan on this owner occupied SFR gated community with a private golf course and clubhouse on the golf course in Indian Wells, Riverside County, CA. The loan proceeds will be used for cosmetic upgrades on a recent investment SFR…
Loan Summary The borrower sought a $260,000 business-purpose 2nd Trust Deed secured by an owner-occupied townhome located in the highly desirable Covington community of Yorba Linda, Orange County, CA. Loan proceeds will be used for expansion capital for the borrower’s educational consulting business. The borrower’s 1st Trust Deed is in the amount of $336,000 with…
Loan Purpose Very experienced developer/borrower obtained a business-purpose construction 2nd Lien Position bridge loan secured by a Malibu single-family residence. Loan proceeds are intended to fund the remaining $450,000 construction and related carrying costs associated with completing a high-end residential new home development. All $450k construction funds will be held in a licensed Funds Control…
Loan Summary Successful repeat Mortgage Vintage borrower, President/Owner of a downtown San Diego family law practice and experienced real estate investor, sought a 1st Trust Deed business-purpose cash-out refinance secured by 106.16 acres of land located in the heart of Temecula’s Wine Country, approximately 13 minutes east of downtown Temecula in Riverside County, CA. The…
1. Loan Purpose The previously successful Mortgage Vintage Borrower sought a business-purpose loan secured by an existing 8-unit multifamily asset in Los Angeles. Loan proceeds will be used to refinance an existing Mortgage Vintage 1st Trust Deed and provide remodel funds and small cash-out liquidity to the borrowing entity. Based on the information provided, the transaction…
Brief Overview Successful repeat MVI borrowers and business owners sought a 2nd TD business purpose cash-out loan secured by an owner-occupied Estate SFR in the highly desirable “Hollywood Hills” neighborhood, with panoramic ocean, downtown LA city, the Hollywood Sign and Griffith Observatory views. The funds will be used to pay off a current, and good…
Loan Summary: Borrower, real estate investor and business owner sought a $1,200,000 business purpose 1ST Trust Deed loan on this “Free and Clear” – no debt – owner-occupied well-maintained industrial-office building within Pacific Business Center, a planned business park, in the City of Tustin, Orange County. The loan proceeds will be used for working capital in…
Loan Purpose Repeat MVI borrower refinanced existing debt secured by an industrial property located in Palm Springs, California. Loan proceeds will be used to retire the current 1ST TD with Mortgage Vintage that is maturing and a 2nd TD to consolidate the capital structure into a new 1ST TD. The loan is business-purpose and secured by a non-owner-occupied…
1. Loan Purpose The borrower obtained a business-purpose, non-owner-occupied loan secured by the subject property to provide funds for a separate real estate development project in Los Gatos, CA. The borrower is a General Partner in a Residential Development Real Estate Fund focusing on SFR development in the Bay Area. Proceeds from the new 2nd Trust Deed are structured…
Loan Description: CrowdTrustDeed is pleased to present a $250,000 2nd Trust Deed investment secured by a Duplex in Tujunga, California owned by a borrower. The loan is structured as a business purpose, interest-only cash-out loan to an owner-occupied borrower. The 1st TD is at 4.75% and The property is supported by an as-is Broker Price Opinion…
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…
Loan Summary: Current successful Mortgage Vintage Borrower and business owner sought a cash-out 2nd TD on this owner-occupied SFR in Orange County. Proceeds from this loan will be invested into expanding the borrower’s company. The 1st Mortgage principal balance is $1.302 Mil. at a 3.50% interest rate. Property Summary: Our subject property is a beautiful…
Brief Overview Loan Summary: Borrower and business owner sought a $350,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Corona Del Mar, Orange County, CA. The loan proceeds will be used for working capital in borrower’s financial services company. Property Description: The subject property is a well-maintained single-family residence located in…
Brief Overview Loan Summary Business owner sought a $180,000 business purpose 2nd Trust Deed cash out loan on this owner-occupied SFR and 3 non owner occupied ADUs, in Hawthorne, Los Angeles County, CA. The borrower will be using the loan proceeds to complete the 3 ADUs. The ADUs are 90% complete. This loan is based on…