Recent Transaction – $350,000 Business Purpose, Ladera Ranch, CA

Real Estate investor and business owner was seeking a cash-out 2nd mortgage for working capital for his custom home building business, SC Homes.

Subject Property is a beautiful 2-story, 5 BR / 5 BA contemporary SFR situated in the Covenant Hills area of Ladera Ranch, CA.  Subject has 6,700 sqft of living space and is situated on a 10,504 sqft lot.  The subject features professional hard and soft landscape, with California room, pool, spa, built in bbq and sand box. The interior features upgraded tile, wood, and carpet flooring, custom window covering, custom built-in cabinets through-out, custom lighting, and paint. Kitchen features center island, quartz counter tops and high-end appliances and lighting. Subject property also features a movie theatre, exercise room, craft room and whole house automation unit.