Hard Money Loan Closed in Los Alamitos, California

A hard money ‘Second’ loan recently closed on an SFR in Los Alamitos, CA 90720.

The loan provided Rehab funds to a seasoned real estate investor/flipper for a pending property flip of an SFR in probate. On March 1, 1960, the township of Los Alamitos became a chartered city. Los Alamitos means the Little Cottonwoods or Poplars in Spanish, after the native Fremont Cottonwood trees there. The city of Little Cottonwoods was affectionately described as A Jewel of a City. 

Here are the loan details:

• SFR – Detached
• Cash-Out
• Purpose – Rehab Funds
• Loan-to-Value (Combined) – 33%
• Second Trust Deed
• 60 Month Term
• Principal & Interest Payments
• Orange County, CALIFORNIA
• PRINCIPAL AMOUNT: $125,000.00

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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