Done Deal! Commercial Hard Money Loan in Douglas City: $576,000 @ 10.50%, 1st, Purchase, 60.00% LTV

Very successful business owner/operator of “Trinity Iron Works” and real estate investor sought a 1st TD to purchase this commercial investment property in Douglas City, Trinity County, CA. Borrower is acquiring this currently vacant commercial property to expand operations for his rapidly growing metal roofing manufacturing and installation business. Borrower is sitting on a large…

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Recently Funded Hard Money Blanket Loan in Huntington Beach and Buena Park: $710,160 @ 9.50%, 1st TD, Condo and SFR, Purchase of Subject + Refi on Cross, 65.00% LTV on Subject, 61.78% on Cross

Experienced real estate investors sought a 1st TD Business Purpose Purchase + Rehab for a Fix & Flip in Huntington Beach, Orange County.  This transaction will be cross-collateralized with a 1st TD Cash-Out refinance on the Borrower’s primary residence in Buena Park, Orange County. The funds from our loan will be used to purchase the…

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