Recent Hard Money Transaction in Stevenson Ranch: $155,000 @ 13.50%, 2nd TD, Cash-Out, Condo, 60.13% CLTV

Business owner sought a $155,000 business purpose 2nd Trust Deed loan on this non-owner-occupied condo residence in Stevenson Ranch, Los Angeles County, CA.  The loan proceeds will be used towards the Borrower’s business, Digital Interiors (digitalinteriors.com), to purchase office equipment and software to improvement automation and revenue.  The parent company of Digital Interiors is B&W…

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Closed! Hard Money Loan for Commercial Hotel in Sierra City: $337,500 @ 12.00%, 1st TD, Cash-Out, 50.00% LTV

Borrower has invested $450K “skin in game” in full renovation and remodel since purchase of property in 2019. In addition to this income generating hotel property, borrower owns a successful Harley Davidson restoration company. Borrower able to make payments through multiple financial sources. Successful business owner and real estate investor sought a $337,500 1st Trust Deed…

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Recently Funded Hard Money Loan in Tustin: $195,000 @ 13.50%, 2nd TD, Single Family Residence, Cash-Out, 63.69% CLTV

Successful business owners sought a small $195K 2nd Trust Deed business purpose cash out loan on this beautiful SFR in Tustin, CA. 100% of the loan proceeds will be used to upgrade and expand borrowers’ Investment Banking Company, Teleios Capital Group LLC. https://www.teleioscapital.com The borrowers’ 1st mortgage is current and in good standing with a principal balance…

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