Hard Money Loan Closed in San Bernardino, California

A hard money blanket loan recently closed against three SFR dwellings in San Bernardino, CA. This was a cash-out loan against three properties, all remodeled and tenant occupied with stabilized rents and positive cash-flow. Proceeds were used to finance the purchase of an investment property for a real estate investor.

Here are the loan details:

• SFR’s – DETACHED
• Refinance – Cash-out
• Purpose – Investment Capital
• Loan-to-Value: 55% “AS IS” Value
• First Trust Deed
• 60 Month Term
• Principal & Interest Payments
• San Bernardino County, CALIFORNIA
• PRINCIPAL AMOUNT: $214,000.00

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

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