Recent Hard Money Transaction in Miranda: $931,000 @ 13.75%

Successful, repeat Mortgage Vintage borrowers, real estate investors and business owners sought a 1st TD business purpose cash out refinance loan on this mixed-use investment property in Miranda, Humboldt County, CA. The funds from this loan will be used to pay off a current and in good standing 1st $460K and a $250K 2nd TD (held by…

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Recently Funded Hard Money Construction Loan in Chula Vista

Very successful and experienced real estate investor of 20 + years, developer and President-Owner of privately held real estate acquisition, redevelopment and investment management company sought a 1st Trust Deed to build two SFRs on these two adjacent land parcels in Chula Vista, San Diego County, CA. Borrower had invested $520,000 “skin in the game” to…

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Done Deal! Hard Money ADU Construction Loan in Los Angeles: $435,000 @ 12.25%, Duplex, 64.20% CLTV

Borrower is an Attorney and Partner at AALRR law firm in Pasadena, CA Borrower earns estimated $289K annual income from law practice. Borrower also had approx. $489K liquid assets which include $354K in retirement accounts. Borrower projects $34,800 monthly rental income from this sought after “Mid-Wilshire” location Four-Plex investment property when Two ADUs expansion completed.…

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