A hard money ‘Working Capital’ loan closed on an SFR in San Marino, CA 91108.
The loan provided start-up capital for a health and wellness practice. San Marino is a residential city in Los Angeles County, California, United States. The principal portions of San Marino were included in a Mexican Land Grant in 1830 and it was incorporated on April 25, 1913. As of the 2010 census the population was 13,147. The city is ranked as number 78 among the wealthiest places in the nation in terms of household income.
Here are the loan details:
- SFR – Detached
- Secondary Financing
- Purpose – Working Capital
- Loan-to-Value (Combined) – 45%
- Junior Trust Deed
- 60 Month Term
- Principal & Interest Payments
- Los Angeles County, CALIFORNIA
- PRINCIPAL AMOUNT: $130,000.00
For more information on our Hard Money Loans or Trust Deed Investments, call our office at 714.838.1474 ext. 102 or visit our: