Hard Money Loan Closed in La Jolla, California

A hard money Working Capital loan recently closed on a Luxury Rental property in La Jolla, CA 92037.  The loan provided funds for operational costs, capital improvements and property taxes for a small portfolio of upscale Rentals located in an affluent community known for its seaside area, rugged coastline, posh boutiques, waterfront restaurants and the Torrey Pines State Natural Reserve.

Here are the loan details:

• SFR
• Subordinate Financing – Business Purpose
• Purpose – Working Capital
• Loan-to-Value (Combined) – 37%
• Second Trust Deed
• 60 Month Term
• Principal & Interest Payments
• San Diego County, CALIFORNIA
• PRINCIPAL AMOUNT: $175,000.00

For more information on our Hard Money Loans or Trust Deed Investments, call our office at 714.838.1474 ext. 102 or visit our:

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