Successful Mortgage Vintage borrower and long-time business owner sought a business purpose cash-out 2nd TD on this owner-occupied San Juan Capistrano SFR to refinance the existing 2nd and the cash-out funds will be used to invest back into his real estate finance business, Real Estate Finance & Consulting | Citation Capital Partners (citationcp.com) The subject…
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…
Successful Mortgage Vintage borrower, CEO and long-time successful business owner (Burger Busters, Inc.), burgerbusters.com, sought a cash-out business purpose 1st TD on this non-owner occupied property located in the exclusive Cameo Shores neighborhood in Corona Del Mar, CA. BurgerBusters Inc. currently owns and operates 82 Taco Bell restaurants; including 74 free-standing Taco Bell restaurants, 5 Taco…
778 FICO borrower and W2 wage earner is seeking a business purpose cash-out 2nd TD which will be used to complete the construction of an ADU in the back of his property. The ADU is fully permitted and the borrower has spent about $33,500 of his own funds on the project thus far. Our loan…
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, business owner, and real estate investor (Fairbrook Communities, LLC) sought a Blanket 1st Trust Deed loan to pay off an existing 1st Trust Deed and provide capital to finish entitlements for two well-located sites of undeveloped land in Perris in Riverside County. The multi-family development entitlements for both properties should be…
Successful Mortgage Vintage Borrower sought $286,000 business purpose 2nd Trust Deed loan on this non-owner-occupied duplex in Los Angeles, CA. The loan proceeds were used to payoff a current and in good standing 2nd TD that we currently hold and the rest of the proceeds will be used to make minor repairs to the property.…
Real estate investor sought a business purpose cash-out 2nd TD on this non-owner-occupied SFR in Fresno, CA. Proceeds from our loan will be used for minor upgrades to one of borrower’s other investment properties. Borrower owns several SFR rental investment properties in Fresno. Exit strategy: sale of investment property. The subject property sits in a…
Business owner sought a business purpose cash-out 2nd TD on this owner occupied condo in San Francisco, CA. Proceeds from our loan will be used for marketing and improvements to his successful app, Gestureit, which enables CAD editing to be on your mobile device with much more ease. Exit strategy is a consolidation refinance in…
Very successful real estate investor who is 100% owner of a total of 8 investment properties throughout Los Angeles County sought a 2nd TD business purpose cash out loan on this newly built 13 Unit Apartment Building in Los Angeles, Los Angeles County, CA. The subject property is 100% fully occupied. Borrower purchased the property in…
Long-time successful CEO business owners and real estate investors sought a 2nd TD on this non-owner-occupied, fully renovated modern ranch styled SFR property. Borrowers residents of exclusive private beach community, “Three Arch Bay” Laguna Beach, bought subject property to renovate and sell for profit. Subject property is a single story SFR with 4,792 SF living…
12/04/23: Investor Minimum Reduced to $23,750 Loan Amount Reduced and CLTV lowered to 44.60% and Net CLTV 43.27% @ a 12.50% Investor Rate Borrower sought a $475K 2nd Trust Deed business purpose cash out loan on this owner occupied SFR property in desirable panoramic ocean view “Arch Beach Heights” neighborhood of Laguna Beach, Orange County, CA. …
Business owners sought a $100,000 2nd Trust Deed bridge loan on this owner-occupied single-family residence in Canyon Lake, Riverside County, CA. The property is listed for sale and is currently in escrow. The loan proceeds will be used to make some repairs to the property requested by the buyer. The borrower’s 1st mortgage is with…
Business owners sought a short term $378,750 business purpose 2nd Trust Deed loan on this non owner-occupied single-family residence in Coronado, San Diego County, CA. Loan proceeds will be used for borrower’s business, Buffalo Ventures, which is a Venture Capital firm also based out of Coronado. The home has been used as a luxury short…
Repeat successful MVI borrower, real estate investor and business owner sought a $445,000 2nd Trust Deed business purpose cash out loan on this owner occupied SFR investment property in panoramic ocean and mountain view neighborhood of “Niguel Summit” in Laguna Niguel, Orange County, CA. The funds from this loan will be used to for down payment…
Business owners sought a $365,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Los Angeles, Los Angeles County, CA. Loan proceeds will be used for Borrower’s business, Powerfade Marketing, LLC (https://powerfademarketing.com). A Powerfade P&L for 2023 is in the CTD Due Diligence File and shows a company Net Income of $405k.…
Successful real investor sought a 1st TD business purpose rate and term refinance loan on these two non-owner occupied rental properties in Indio, Riverside County, CA. Funds from our loan will be used to pay off a maturing current 1st TD. The subject property consists of two SFRs with 4,053 SF of rentable living space…
Borrower sought a small $100K 2nd Trust Deed business purpose cash out loan on this owner occupied SFR investment property in Woodland Hills, Los Angeles County, CA. The funds from this loan will be invested into expanding the borrower’s chiropractic business. The borrower’s 1st mortgage has a principal balance of $598,000 with a fixed interest rate…
Borrowers sought a $170,000 business purpose 2nd Trust Deed loan on this non-owner-occupied single-family residence in Corona Del Mar, Orange County, CA. The loan proceeds will be used to make some upgrades to the property. The borrower’s 1st mortgage is with 5th Street Capital and has a principal balance of $2,466,199 with a fixed interest…
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…